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Invest In Real Estate Is Not Guesswork

Name: Invest In Real Estate Is Not Guesswork
Uploaded: 2023-03-17T21:02:24+00:00
Duration: 23 s
Channel: Ginny Bolling
Description: A brief dialogue from a YouTube video arguing that successful real estate investing is based on actual operational data collected from owning, visiting…

17 Mar 2023 · 0 min

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0:23

A brief dialogue from a YouTube video arguing that successful real estate investing is based on actual operational data collected from owning, visiting, and investing in local properties rather than on downloaded internet data. The speakers emphasize weekly, hands-on data collection and that using such real-world data reduces investment risk.

Therefore, you know, it's not guesswork when we say, oh, we can increase the rents by this much, or we can add this amenity, and the tenants will really appreciate it because we're already operating.
Properties right there in that market.
So none of it is guesswork. None of it is based on data that I download from the Internet.
You know, it's actual.
Data from owning, investing, visiting these properties.
On a weekly basis.
So that minimizes your.
Risk a lot, right?
It does. And that's what I look.
For in an operator. And my appraisal background and all that gives me a knowledge of a lot of different databases that help me cross check things, but I certainly look for operators that already have a presence in that market.