What’s the first thing you look for when analyzing an investment property?

What’s the first thing you look for when analyzing an investment property?

Realtor · Nashville, TN · Member since 2020 · 1 post · 1 vote

I work with investors pursuing a wide range of strategies, and one thing I’ve noticed is that no two experienced investors seem to analyze a property the same way.

Some start with cash flow. Others focus on appreciation, zoning, value-add potential, financing, or the strength of their exit strategy.

What’s the very first thing you look for before deciding a property is worth analyzing further?

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  • Michael K GallagherBusiness Member
    Real Estate Agent · Columbus OH · Member since 2018 · 1k+ posts · 1k+ votes
    2mo

    location.  don't care what it is, if the location won't work for the plan or for the long term goal in some way it isn't worth pursuing.  site selection is everything and is even more important when you start building stuff.

  • CO · Member since 2019 · 22 posts · 5 votes
    2mo

    First thing I check is the 1% rule. If monthly rent is around 1% of the price with a little headroom, it's worth a real look. It's rough and misses plenty, but it clears out the obvious no's fast. Location doesn't really make my list here, since I've already picked the area before I'm looking at individual deals.

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