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Updated about 8 years ago on . Most recent reply

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200
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Lauren Lockett
  • Investor
  • Arlington, TX
61
Votes |
200
Posts

How long does it take you to analyze a deal?

Lauren Lockett
  • Investor
  • Arlington, TX
Posted

Good morning, 

I've scoured the forums and BP blog to search, but couldn't find a definitive answer. How long does it take for you to access a deal - from beginning to end? I'm talking going to see the property (taking pictures, confirming address, confirming square footage), getting an inspection/contractor to access repairs (or perhaps you just figure an estimate yourself), pull comps, & crunch numbers? Does that take you a week or less? A day? How long does it normally take because I'm wanting to ensure I'm as efficient as I can be going out to see some potential properties!

Most Popular Reply

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1,111
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1,109
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Nick B.
  • Investor
  • North Richland Hills, TX
1,109
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1,111
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Nick B.
  • Investor
  • North Richland Hills, TX
Replied

5-10 minutes for a SFH to decide if it is worth to visit a property.

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