A lot of investors are terrified of foundation problems. Many people are terrified of problems with pier and beam foundations.
Others are making a fortune from them.
After repair value is one of those terms you'll hear tossed around on a daily basis.
Without understanding ARV, you probably won't be successful for very long as a real estate investor.
So, embrace it, learn it, and love it.
People can make money in any aspect of real estate, just not all of them.
In order to be successful, you need to focus on one thing and become exceptionally good at it.
So, the question really is, should you flip houses or rent them out?
Drowning in debt, I did back to back closings selling my first flip and buying a rental property. Read how my first deal was a flop. Luckily I learned from this and my second deal was better than ever!