Updated over 5 years ago on . Most recent reply
Analyzing a deal in a hot market
What are your go - to methods of analyzing a deal? (Looking for a thorough process on making sure it is a good buy)
Are there any things that will instantly turn you off on a deal?
What kind of returns / cash flow are you looking for in single family and multi family homes?
Is there any unseen value in owning multiple houses in a row?
Such as control of the neighborhood?
(Example: is there any justification in paying more than market value for a house if you own 4 of them on that street?)
Thanks so much for the answers!
Most Popular Reply
Bigger pockets calculator is a good resource.
Turn offs:
Bad Location
Lots of places for rent nearby
Not within 5-10 miles of a major shopping center or walmart
Returns depend on the location. Some of my rentals are more focused on appreciation than cashflow however I will never invest in a property that doesnt cashflow from day 1 after all capex's have been accounted for.