How to analyze property

Question

HI everyone, I'm new to this investing, and I'm looking for information on how to analyze property the best way. Any books, podcasts, webinars, or any information on how to analyze and set-up property information would be greatly appreciated.

Thanks!

Julio Garcia · Answer

Great response! @Nick Peters

Craig Anderson · Answer

Thanks for the all the info Nick.  I started reading "Ultimate Real Estate Investing", and so far so good.  I'll definitely checkout your other suggestions. I tried to download your spreadsheet, but my Mac wouldn't open it.

Thanks again.

Nick Peters · Answer

@Craig Anderson

BP is full of great content, so I strongly recommend you to have a look at the following resources:

1. Start by reading the Ultimate Real Estate Investing Guide: https://www.biggerpockets.com/guides/ultimate-real-estate-investing-guide/introduction

2. Then check out other online guides available here: https://www.biggerpockets.com/guides

3. Have a look at BP's blog where new articles are published every day: https://www.biggerpockets.com/blog

4. If you wish to network or ask specific questions about your local market, you can go to your local real estate forum and discuss with investors from your area: https://www.biggerpockets.com/forums/86-local-real-estate-networking

5. Or you can directly meet them by registering to real estate events around you: https://www.biggerpockets.com/forums/521-events-and-happenings

6. BP has various tools available to help you analyze your deals (rental, flips, wholesale, etc), feel free to use them: https://www.biggerpockets.com/investment-calculators

7. Finally, if you can't find what you're looking for, try the Bigger Pockets Fileplace: https://www.biggerpockets.com/files It contains hundreds of files such as ebooks, checklists and spreadsheets for real estate investors. I've myself uploaded a rental property spreadsheet to help beginners analyze their first investment properties, it's available in my fileplace: https://www.biggerpockets.com/files/user/NickPeters

Please let me know if I can help, and best of luck!

Craig Anderson · Answer

Thank you for that information. The calculators are very intriguing and can't wait to use them for a future investment.

Craig Anderson · Answer

Thank you for that information. The calculators are very intriguing and can't wait to use them for a future investment. I'll definitely checkout that video today.

Craig Anderson · Answer

Thank you Michael and Andrew.  I appreciate the information. I'm liking the idea of the BP calculators.

Andrew B. · Answer

@Michael A DeAngelo is right.  Brandon Turner has the best YouTube video's I've come across for running the numbers.  The calculators are also a nice perk when you upgrade to Pro as the pdf's make for a clean presentation when speaking with investor's.  Search "Brandon Turner How to Analyze a Deal" and all of the top results are awesome.

Michael A DeAngelo · Answer

@Craig Anderson Brandon Turner has done webinars in it you can just YouTube it and find many videos on the subject. You can become a pro member and use their calculators as many times as you want or you can build an excel sheet to do the same thing. I went pro bc the calculators are so clean and simple and the PDF afterward is very nice. Best of luck to ya