Updated over 6 years ago on .
REI 101: Negotiating and Analyzing Deals
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- 06/18/19 12:00PM - 01:30PM America/Chicago
- Ask staff - they will point you to us , 1100 Robert Road Slidell, Louisiana 70458
- Free
Disclaimer: BiggerPockets does not support or sponsor any meetups unless otherwise noted. Do your due diligence before attending any events. You may be agreeing to attend an event that includes promotion, pitching, or high-pressure sales tactics or techniques. Poster certifies that there will be no pitching of products or services at this event.
For June, we will be discussing how you analyze if something is a deal or not and we will go over some negotiating tips. Deals are not easy to come by and the lingo "investment deal" gets thrown around frequently. Want to learn how to analyze if a property is a deal? Come join us!
Deal or No Deal: Have a specific deal you are looking at? Bring the numbers as we will be using some examples to digest as a group. Please bring the following data if you'd like to get your deal analyzed:
1. What the retail value of the property is if it is in excellent, retail condition. Based on MLS comps if possible.
2. What the estimated repairs of the property are to get it into either excellent retail condition or rental condition depending on your exit strategy.
3. What market value rent is for that size property.
4. IF a rental - what the estimated expenses paid by the owner will be (landlord policy insurance, property taxes, flood insurance if applicable, who pays the utilities, who cuts grass, who pays for trash, etc).
Interested in learning about this either for yourself or for your clients? Come join us!
We will be in the back side room on the parking lot side since there are multiple side rooms in that restaurant. We do encourage you to order something to eat and to bring something to take notes if that is helpful for you.
Interested in learning more about investing in real estate? We invite you for this “lunch and learn” type of setting. This will be an informal but educational based meet up that will reoccur once a month to cover an array of general topics that you would face in the real estate investing world. Come stop in on your lunch break and order some yummy food while you get a chance to learn and meet others.
New and experienced investors are welcomed to attend as well as agents looking to learn on behalf of their role in the industry. This event is FREE to attend thanks our amazing spons ors! So no worries, we aren’t looking to sell you anything just wanting to do deals. 😉
Actually, all of our events each month (we have more than just this one) are FREE to attend thanks to our amazing local sponsors. You can find out more about our local sponsors here: www.lanorthshorereia.com/our-spons ors. They are great resources for those looking to take action either by finding properties, getting a loan, insurance, a good contractor, etc. We've tagged those with Facebook pages below as well!