Analyzing and Evaluating Deals

[John Phong]

Hello everyone, I am fairly new to the real estate world. I have been in the words of Grant Cardone "obsessed" with real estate and my goal is to own 1000 doors. My goals are to buy n hold 4 units and up for cashflow for the long term and pass them on to my kids and their kids. I have been reading books, listening to podcasts, watching YouTube, attending local RE meetups, and networking with other investors. I know real estate is 95%,if not 100% about the numbers. For the buy n hold investors, how do you analyze and evaluate deals? What numbers or specific indications do you look at? Thanks in advance! 

[John Phong]

Originally posted by @Dustin Beam:

Originally posted by @John Phong:

Originally posted by @Dustin Beam:

I have a spreadsheet I use and like. Of course I'm biased because I made it! :) It's available for download here, along with others. Try a few out and see what makes the most sense to you.

Lol Thank you Dustin, what is your spreadsheet called? I'll look for it. 

Got to:

Menu>Tools>FilePlace>Spreadsheets and mine is called "Buy and Hold Analysis Spreadsheet". 

It would be a good idea to check out others as well, though. You'll want to find one that makes sense to you and gives you confidence in its calculations.

Good luck! 

 Thank you sir, I will definitely check out the others as well. Much appreciated.