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.