Skip to content

Let's keep in touch

Subscribe to our newsletter for timely insights and actionable tips on your real estate journey.

By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions
Followed Discussions Followed Categories Followed People Followed Locations
Starting Out
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 3 years ago on . Most recent reply

User Stats

7
Posts
5
Votes
Benjamin Siller
5
Votes |
7
Posts

Newbie Analyzing properties

Benjamin Siller
Posted

Hello everyone, so I am looking to start practicing analyzing deals, and I am not very familiar with any area at this point in time.  Do I need to know my market well to start analyzing deals or can I start practicing without knowing any markets? 

If not how should I approach analyzing these properties?

Most Popular Reply

User Stats

28,241
Posts
41,503
Votes
Nathan Gesner
  • Real Estate Broker
  • Cody, WY
41,503
Votes |
28,241
Posts
Nathan Gesner
  • Real Estate Broker
  • Cody, WY
ModeratorReplied

Welcome to the BiggerPockets forums!

You can practice on any market. Start anywhere, then shift once you find a market you actually want to invest in. It's always best to analyze the actual market. The more you analyze, the quicker you will be to recognize a good deal.

Here's a guide that describes what good cash flow looks like and how to analyze a property.

https://www.biggerpockets.com/...

  • Nathan Gesner
business profile image
The DIY Landlord Book
4.7 stars
244 Reviews

Loading replies...