Who knew that a house infested with termites (most people’s worst nightmare) could actually turn out to be the home of someone’s dreams?
No doubt, I would personally run away screaming like a little girl from any house riddled with those nasty wood-sucking, eusocial insects (whatever that means).
But guess what? It’s not about me.
When it comes to real estate investing, it’s not about me. It’s not about my taste in furnishings. It’s not about what home I would buy for myself (and my family). And it’s certainly not about my personal distaste for “gross” bugs, like termites.
Instead, it’s all about that home’s potential and – most of all – what the buyer wants. Period. And, believe it or not, some buyers are totally fine with termites!
But this sort of open-mindedness is not as simple as it might sound. No, our gut instinct often compels us to imagine that we know what’s best for everybody else. …
Sergio DeCesare
Based in Naples, Florida, Sergio DeCesare has been a successful broker and investor for over 25 years.