Intermediate terms

Defining Your Buy Box: Key Terms Collection

This curated collection offers key terms that might be helpful when defining your real estate investment 'buy box'. It clarifies commonly referenced concepts and criteria, providing a quick reference to refine your property search. Use these selected terms to build a clearer picture of your ideal investment.

Learning Path

Target Market

A target market in real estate investing refers to a specific group of potential tenants or buyers, or a particular property type or geographic area, that an investor aims to serve or acquire based on detailed analysis.

Intermediate5 min

Investment Goals

Investment goals are specific, measurable objectives that guide your real estate investment decisions, helping you define what you want to achieve and by when.

Beginner3 min

Buy Box

A "Buy Box" is a set of specific criteria that real estate investors use to define the types of properties they are looking to acquire, helping them quickly identify suitable investment opportunities.

Beginner5 min

Filtering

Filtering in real estate investing is the process of narrowing down a large pool of potential properties to a smaller, more manageable list that meets specific investment criteria.

Beginner2 min

Investment Criteria

Investment criteria are a set of predefined standards and metrics that real estate investors use to evaluate potential properties, ensuring alignment with their financial goals, risk tolerance, and investment strategy.

Intermediate12-13 min

Property Type

A property type refers to the classification of real estate based on its use, characteristics, and legal definitions, which significantly impacts investment strategy, financing, and potential returns.

Beginner5-6 min

Property Condition

Property condition refers to the overall physical state of a real estate asset, including its structural integrity, mechanical systems, and cosmetic finishes, which significantly impacts its value, investment potential, and future expenses.

Beginner3 min