So when I first started, my first deal was in Cincinnati.

And at the time, I was just thinking, man,

I want to get into something to where, you know,

I'm not going to lose money, to where it's

going to be hard to screw up, and something

that's going to provide a lot of cash flow.

And, you know, going into a market like Cincinnati, it has decent fundamentals for a Midwest market.

It's got, you know, decent population growth.

It's got decent employment growth, but it's

Cincinnati and you know it's never going to be as expensive as California or as

Florida. Welcome to the Rich Shummers Report where we talk real estate, business, and wealth building

all while keeping it real.

No fluff, no BS.

I hope that you enjoy the show. All right, welcome to another episode of the report.

In this episode I am going to highlight the three criteria that I'm going to be looking for

personally in my journey to buy real estate in 2023 and you could apply these

three rules and principles to your journey as well in 2023. So number one is you want to buy at a

discount. Right now we are seeing the market soften because of the

interest rate environment that we're in. So in a softening market is very important to not pay retail.

In an increasing market or a market that's growing, it's okay to pay retail because you know the property is going to be worth more

six months from the time you buy it.

But right now there's a good chance that six months from now the market's going to be even softer

...