Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
Dallas Real Estate Forum
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 4 years ago on . Most recent reply

User Stats

13
Posts
5
Votes
Mark Clayton
  • New to Real Estate
  • Frisco, TX
5
Votes |
13
Posts

Tips for Analyzing Properties!

Mark Clayton
  • New to Real Estate
  • Frisco, TX
Posted

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?). 

Most Popular Reply

User Stats

248
Posts
240
Votes
Rob Lee
  • Real Estate Broker
  • Dallas, TX
240
Votes |
248
Posts
Rob Lee
  • Real Estate Broker
  • Dallas, TX
Replied

BP does offer calculators for paid members. If you are not prepared to become a paid member you might be able to find online calculators. You may also want to try Microsoft templates. There's probably a spreadsheet you can modify. No need to start from scratch. 

Loading replies...