Updated over 10 years ago on . Most recent reply
Analyzing Property For Beginners
Hello Collegues!
I'm learning daily on BP about strategies, success stories, how to get started, and this is all wonderful information! Thank you guys and gals for the opportunity to be a part of this movement! What I'm getting caught up on is analyzing properties. Just starting out in this business, currently in auto sales (8 years for Cadillac), and taking things step by step by approaching each subject with an open mind and not deviating away to other subjects until I have a clear understanding on how it's done; in this case, analyzing and calculating numbers on properties to determine a "good deal". My question is (because you hear of the 50% rule, 2% rule, and others) what would be an effective way or a particular equation(s) for beginners to analyze a good buy?