So how do you pick the right cash flow real estate?
Real estate is the best asset class for many reasons.  One reason is that the market is still inefficient.  “Inefficient” because bargains can still be had by the “regular Joe.”  How do I mean?  Perhaps a widow just passed away.  She doesn’t have any family in the area.  That means that no one in the family wants her home, and they don’t really care that much about it.  It can be purchased at a price below the market.  The out-of-state family doesn’t really know the market, and since they are splitting the money 4 ways, another $10,000 in the price doesn’t mean that much to any one of them.  These kindof deals are available every day.

The stock market is not like that, if there is a company that is undervalued, the profit is taken quickly by the big boys. 

So how do you know what is a great deal for a property?  Are you looking to fix and flip in the “pretty” market or fix and flip in the cash flow market?  The pretty market requires more imagination on the buyers part.  Can inexpensive updates make this property appealing from the curb for a family?  The now ugly, but could be pretty are a good start.

It has been said that you make your money in [real estate](http://mainstreetplanners.com/real-estate-investments/) at the buy.  So here are other indicators to consider:  Location, sellers motivation, price, and condition.
[{"id": "cj3cdmp", "text": "Talk to a broker.  Everyone has their own preference.  Read.  Shadow an investor you want to be.", "replies": [], "depth": 1}]