Need a System for Screening Investment Properties
Hey everyone,
Would anyone be willing to share the steps that they go through when screening an investment property? Right now, I do a quick 1/2% rule and if still interested I'll use the BiggerPockets calculators to run the numbers. I look to Trulia for the potential rents to fill in the numbers. But I am also looking to see any other tips/tricks that the savvy investor uses as they are evaluating the property (e.g, rate of growth of the area, near metro lines, etc.)
I'm looking for a consistent system and looking to hear your step by step methods for efficacy and efficiency
Thanks for sharing!
Haney Mallemat