How to Find a Great Investment

As with any investment, I am often asked, “How do I find a good

real estate investment?” My answer is, “You must train your brain to

see what others cannot see.”

The next question is, “How do I do that?”

The answer is, “The same way any shopper finds a good deal.” At

the start of this book I wrote about people who focused on saving

by driving from store to store shopping for food bargains. The same

is true for real estate, or for any investment. You need to become a

professional shopper.

100:10:3:1

A great strategy for shopping for property is the 100:10:3:1 method.

That means you should analyze 100 properties, make offers on ten of

them, have three sellers say yes, and then buy one. In other words, it

takes shopping and looking at over 100 properties to buy one property.

Source: Retire young Retire Rich – Robert Kiyosaki

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