Any methods to run numbers on property’s ?
5 Replies
Floyd Vick Jr Diaz
posted 11 months ago
Hello my name is Floyd Diaz
I would like to get into the business of Real Estate Investing but I’m fairly new as with everyone when they start out. I just would like some tips or methods or strategies to employ when I run numbers on properties to make it easier.
Thanks ~ Floyd :)
Kirk R.
from Peoria, Illinois
replied 11 months ago
bigger pockets has tools you can use free for 5 times. it has some spreadsheets & such
on my laptop tools is up top. 4th from the left
Anthony Dooley
Investor from Columbus, Georgia
replied 11 months ago
Pick up any real estate investing book from your local bookstore, watch some youtube videos, and you will find the basic concept with slight variations. The BP calculator is not an accurate tool, in my opinion.
Kirk R.
from Peoria, Illinois
replied 11 months ago
@Anthony Dooley why do you say that. just curious.
Anthony Dooley
Investor from Columbus, Georgia
replied 11 months ago
Originally posted by @Kirk R. :@Anthony Dooley why do you say that. just curious.
It makes a lot of assumptions that are not true. Analysis inputs vary from market to market. Projections are not reality.
Ryan Alexander
Real Estate Agent from Ellwood City, PA
replied 11 months ago
What are the assumptions you’re referring to? It allows you to change your numbers on nearly everything including the appreciation and market.