The “perfect” investment property does exist, but it isn’t what you think it is. Too often, new investors are fixated on a real estate deal with the perfect floor plan, cash flow, price, and profit margins. But—as most experienced real estate investors will tell you—many of these deals aren’t worth chasing, let alone purchasing. These so-called “phantom” properties can eat you alive if you don’t know what you’re doing.
So, instead of trying to blunder through real estate deals, we brought along Jamil Damji and Pace Morby. They’re both real estate veterans in their own rights and real-life best friends to boot! They’ll be doing a quick “purchase or pass” deal check on six deals stretching coast to coast. These include buy and holds, fix and flips, wholesale, subject to deals, and more.
If you’ve ever wanted a lightning-fast analysis from two of the top minds in real estate, you’re in the right place! Leave a comment below on a deal you’re analyzing (or a past one). We’d love to hear your own “purchase or pass” horror/success stories!
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Listen to Jamil on The “On The Market” Podcast Wherever You Listen to Podcasts:
Spotify: Podcasts:
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Check Out “Triple Digit Flip” with Jamil and
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Connect with Jamil and Pace on BiggerPockets:
Jamil:
00:00 Are These Deals Trash or Treasure?
00:45 Aggressive Comps in Arizona
02:25 Cash Flowing Florida
05:02 Huge Equity Upside in Charlotte
07:11 Buyer's Market Blunder in Maricopa
10:41 Under-Market Find in Phoenix
13:05 A "Phantom" Flip in ATL
15:51 The Deal Detectives
#biggerpockets #jamildamji #pacemorby
Recommended Reading >> bit.ly/32kRpzw
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