Analyzing the numbers on a Deal
1 Reply
Aurelio Garcia Jr
from Bellflower, CA
posted 12 months ago
I would like to start investing in out of state rental properties but would like to practice analyzing deals. Any tips on this subject ?
Taylor Hudgins
Real Estate Agent
replied 12 months ago
Hi Aurelio,
There are tons of ways to analyze deals depending on what you're looking to accomplish. Are you flipping? Are you BRRRR-ing? Just a regular rental?
I'd start with the BiggerPocket's Calculators to help you get an idea of what to look for in a property to know if it's a solid deal. Also try Brandon Turner's video:
https://www.youtube.com/watch?v=T_7vhsSBi7c&t=1083s
Both of these are great starting points!