What is in your "BUY BOX" #realestate #shortvideo #shortsvideo #business

22 Feb 2025 · 1 min

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Steve D Valentine explains his real-estate investment system centered on a defined "buy box": a way to decide whether a property should be flipped or kept as a rental. He describes balancing flips and rentals early in his career (flipping 10 homes and keeping roughly 1 of every 10), notes that kept properties were financed with hard-money loans and required about a year to stabilize, and emphasizes tailoring renovations differently for flips vs rentals.

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There's a system and a strategy that I built, which is how I built my portfolio that works. It's a combination. So I've never been one that's just flipping or just looking for rentals. It's always knowing what the rental buy box is so that when it comes across the door as a listing or an off market, you're like, that one needs to be kept because your renovation is going to be completely different on that one than it is on a flip, you know, from our experience of things. So I'm always looking at opportunities and it just depends on where I want to stuff. And when we started, we flipped 10 homes and we kept one out of every 10. That was just because the 10 was creating income, which we needed to generate income until we generated the door because we weren't ready to actually do regular long term financing. So when we keep a property, it had hard money on it and we knew what we were doing at that time because we needed a year to get through it. It was expensive, but it was worth it. At the beginning we were getting started.