Building an analysis method/plan to pick out good and bad deals

Building an analysis method/plan to pick out good and bad deals

New to Real Estate · Blackstone, MA · Member since 2019 · 21 posts · 9 votes

Hi everyone and Happy New Year. While gleaning through books, forums, and podcasts I have noticed a prevalent skill to buying a great deal and that is having a plan/method when analyzing property. I keep hearing the 2% rule, the 50% rule, calculating you're ROI. I was wondering if anyone had great advice on how to build a plan to obtain a plan or if anyone could point to the right direction. Thank you!

- Jonathan Guerrero

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  • Tampa, FL · Member since 2018 · 37 posts · 35 votes
    7y

    @Jonathan Guerrero

    Hey Jonathan! On the BP homepage click on “tools”, then “calculators”, and there’s some great options there for helping you calculate the numbers. It might even help you add in some things you might’ve forgotten on your own such as vacancy.

    Good luck and happy investing!

    -Nick

  • New to Real Estate · Blackstone, MA · Member since 2019 · 21 posts · 9 votes
    7y

    @Dominic Flint thank you. I will take a look!

    - Jonathan

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