The median price is the middle price range people are willing to pay for properties in a given area. By mastering this criterion, you have a “cheat code” to predict the property’s future value in the next 5 to 7 years. This mistake can trap investors – if they try to sell the property after a few years, they will lose money, and if they rent it out, they might not receive any positive cash flow. Avoiding this scenario is crucial in real estate investment.
Summary: The price of the property you want to buy must be at a median price or below
