Path to Purchase Step 7

Analyzing Rental Properties

Without deal analysis, you’re walking into an investment without any knowledge of cash flow, appreciation, renovations needed, timelines, or other metrics that could help you decide whether or not a home is worth purchasing. That is why this step is so crucial for every successful buy and hold investor.

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Calculating Numbers on a Rental Property

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How to Analyze a Rental Property

Deal analysis starts with knowing some important factors like price, comparable rents, taxes, and whether or not the home will need renovations. The more accurate your deal analysis, the less you’ll be over-budget when something inevitably needs to be fixed or rehabbed. Thankfully, you can run deal analysis in a short amount of time, and get so good at it that you may be able to do it on the spot when you run across a great deal.

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step 7 analyzing deals

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