Why Cents On The Dollar Doesn't Work | Fair Market Value Myth
In today's video we have Adam JD Martin back on the channel to share with us his perspective on the Fair Market Value Myth and why buying real estate for cents on the dollar doesn't make sense!
Adam dives into the numbers behind two real estate flip/BRRRR properties and breaks down why judging a potential real estate investment based solely on fair market value and cents on the dollar doesn't always work!
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FIREpreneur: A person who has reached (lean) FIRE and uses this freedom as a springboard to operate a business or organization, taking on no significant risk (due to lean FIRE).
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Matt McKeever is a CPA, CA and Real Estate Entrepreneur in London, Ontario. On this YouTube Channel Matt discusses a variety or real estate and personal finance strategies and tactics. Including: How to BRRRR Real Estate, The Importance of Investing for Cash Flow, How to Reach Financial Independence Retire Early, Safe Withdrawal Rates, Frugality and Reducing Personal Consumption & Embracing Minimalism.
Matt began investing in real estate at age 25 by purchasing a student rental near Fanshawe College.
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