There’s a list of things to know before you start investing in real estate.
According to longtime “house hacker” and investment brokerage VP Mike Hills, the most pressing question every real estate investor should ask themselves before buying a property is actually pretty obvious: “Will it make money?”
As Business Insider previously reported, Hills has house-hacked his way to a portfolio worth over $8 million, starting from scratch.
But there’s a lot more to it than just that one question. In fact, there are layers to it that some investors might not fully understand before they close a deal.
Hills outlined the four answers to that core question, or what every investor should understand about a property before they close.