#199: Are You a Decimal Investor or a Deal Investor? Why It's Better To Be One Than The Other
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In this episode of the Multifamily Wealth Podcast, I discuss the two different types of investors in the multifamily business: decimal investors and deal investors. Decimal investors are those who primarily focus on analyzing deals through Excel sheets and lack experience in evaluating properties on-site. They struggle with understanding factors like location, building structure, and desirable floor plans.
On the other hand, deal investors have a more holistic approach to investing, considering factors beyond just numbers. I also talk about the importance of being a deal investor and provide insights on how to achieve success in real estate investment.
In this episode we discuss:
- How do decimal investors differ from deal investors?
- What activities do decimal investors focus on?
- What activities do deal investors prioritize?
- How do deal investors find better deals?
- Why is being a deal investor more advantageous in real estate investing?
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254 episodes