Tips for Analyzing Properties!
Hi BP!
I'm looking to get my bearings around analyzing properties to identify deals. I just read The Book on Flipping Houses, and the book explains that it is necessary to examine several (50-100) properties to get familiar with what a deal looks like. This includes comp analysis, identifying overall market trends, and much more. I'm looking to create a spreadsheet or some concrete methodology that allows me to track my analysis and utilize any available tools around.
With this being said:
Are there any tips that you can share around how you analyze a property?
Are there any good resources available to help a beginner get comfortable analyzing details? (i.e. BP resources? spreadsheets? checklists?).