Hey F4R family,
One of the biggest mistakes new investors make is chasing every deal that hits their inbox. That leads to overwhelm, wasted time, and usually bad decisions.
The solution? Define your buy box.
Your buy box is simply your set of rules for what kind of deals you’re looking for. It’s the filter that lets you know within 30 seconds whether something is worth digging into or if you should pass and move on.
Here are the 5 things to nail down for your buy box:
1️⃣ Location – What cities, zip codes, or neighborhoods will you invest in?
2️⃣ Property Type – Single-family, multi-family, condos?
3️⃣ Price Range – What’s your target purchase range?
4️⃣ Condition – Cosmetic rehab, heavy fixer, turnkey?
5️⃣ Exit Strategy – Flip, wholesale, or rental?
Don’t overthink it. Keep it simple, keep it focused. And remember, your buy box can evolve as you grow.
Let’s help each other get clear — share yours below so we can all sharpen our focus together.
— Brad