What is a BuyBox? [SAMPLE ATTACHED] 🚐
What is a BuyBox? A BuyBox is a set of criteria that defines your ideal investment property. It helps you focus on deals that meet your specific goals, ensuring you spend your time and resources wisely. Why Use a BuyBox? • Know exactly what you’re looking for. • Filter out deals that don’t meet your criteria. • Zero in on opportunities that align with your investment strategy. BuyBox Framework: 1. Location: Identify the geographical area or specific locations where you want to invest. 2. Property Type: Specify the type of property (e.g., RV parks, multifamily units, commercial spaces). 3. Size: Determine the minimum and maximum size (e.g., number of pads for RV parks, square footage for buildings). 4. Price Range: Set a budget range for the purchase price. 5. Cap Rate/ROI: Define your target capitalization rate or return on investment. 6. Condition: Outline the acceptable condition of the property (e.g., turnkey, value-add opportunities). 7. Amenities/Features: List any specific features or amenities that are important to you (e.g., utility hookups, recreational facilities). Click below to download your free BuyBox Sample.