UPI 60 – Buying New v Old Real Estate
Should you get involved with old real estate or newer properties? In this episode, we will assess both and you will walk away from this episode able to make an informed decision when faced with a much older property or a new property to invest in.
We use one of the best business books ever written as our guide in this discussion, The Art of War. The Art of War teaches that you should know your strategy, know your terrain, and know your enemy.
So we will be discussing the strategy, terrain, and enemies involved with newer and older real estate investments.
I also discuss –
3:50 – What influences your investment decisions?
9:50 – Who is influencing the future of real estate?
14:25 – Real estate culture needs an overhaul
25:37 – Shape your portfolio to solve this problem
29:54 – You need to know this about downsizers
42:33 – Pros and cons of older properties
51:39 – Beware of these words in a listing
52:54 – Why not to buy a new property
Don’t hesitate to hit me up on Facebook @SamSaggers. DM me any of your questions 🙂
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