New to Real Estate · South East US/New Jersey · Member since 2024 · 23 posts · 10 votes
I'm a 22-year-old real estate investor and I'm looking to improve the way I analyze potential deals. If anyone is willing to share an Excel model or deal-analysis spreadsheet they use to underwrite SFH opportunities, I'd really appreciate it. The simpler the better!!!
Investor · Milwaukee - Mequon, WI · Member since 2010 · 5k+ posts · 7k+ votes
10mo
Yes, use the BP calculators.
My tip: If you play around with a hypothetical $1 million rental property and change one parameter at a time and then see how it influences long term results over 20, 30 years, you will develop a intuitive feeling for how deals work.
I'm right there with you Jordan! I had ChatGPT make up a little excel model. It's nothing fancy just calculated all the basic categories. I definitely am looking for a better manageable sheet.
Investor · Eastern Shore of Virginia · Member since 2020 · 45 posts · 12 votes
10mo
Bigger pockets has some excellent calculators.However you have to signup for the pro level. Which if you consider all the perks and benefits the Pro membership gives you, it;s really a slam dunk. Their calculators are easy to use, comprehensive and cover every aspect of any deal you are analyzing. I use them religiously and every single investment I have was ran through the calculators. I strongly recommend becoming a BP Pro! It’s a great investment in you and your deal making.
Investor · Eastern Shore of Virginia · Member since 2020 · 45 posts · 12 votes
10mo
Bigger pockets has some excellent calculators.However you have to signup for the pro level. Which if you consider all the perks and benefits the Pro membership gives you, it;s really a slam dunk. Their calculators are easy to use, comprehensive and cover every aspect of any deal you are analyzing. I use them religiously and every single investment I have was ran through the calculators. I strongly recommend becoming a BP Pro! It’s a great investment in you and your deal making.
Investor · Milwaukee - Mequon, WI · Member since 2010 · 5k+ posts · 7k+ votes
10mo
Yes, use the BP calculators.
My tip: If you play around with a hypothetical $1 million rental property and change one parameter at a time and then see how it influences long term results over 20, 30 years, you will develop a intuitive feeling for how deals work.