Updated almost 9 years ago on . Most recent reply
Analyzing Deals - The Process?
Hello BP!
Newbie investor here. Haven't done a deal yet but i've been working in Real Estate for about 6+ years assisting different agents/brokers as an admin (listing/marketing coordinator). I'm looking to invest in my first home/rental soon. Going to try to do the BRRR strategy.
With that being said.. I've been listening to BP podcasts pretty much every morning on my drive to work and I always hear Brandon say that we should be analyzing at least 3+ deals a day. So i've been trying to do that but I catch myself taking a lot of time just to analyze 1 deal. I get caught up on MLS, different syndicate websites, google maps and whatever else I can find info about the property on google.
Do any of you guys have a easier process or can point me in the right direction on what yal do to analyze deals? (step-by-step if possible) I'm really systematic and like to follow processes to achieve a goal.
I enjoy looking/analyzing deals but I wish I could just utilize my time better by having some kind of direction to follow.
Any response or help would be greatly appreciated!
Thank you!