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Updated over 7 years ago on .

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Jordan Stanek
  • Royal Oak, MI
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First analyzed deal! Any pointers?

Jordan Stanek
  • Royal Oak, MI
Posted

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*This link comes directly from our calculators, based on information input by the member who posted.

Hello all! I am brand new to real estate investing, and this is my first time analyzing a deal here on Bigger Pockets, (and first time posting on a forum). I'm sure that I made a few mistakes in this analysis, but I was just wondering if there were any obvious things that stand out as something that I did wrong. One thing that I was not sure on was how to estimate the repair/rehab costs for the calculator without actually seeing the property. Is there an average cost per square feet that people use for a very rough estimate? Or does that knowledge just come with experience? Thanks a lot in advance, and I hope to connect with some of you guys soon!