All Forum Posts by: Brian Anderson
Brian Anderson has started 2 posts and replied 5 times.
Post: BP Calculator Accuracy
- New to Real Estate
- Saratoga Springs, UT
- Posts 5
- Votes 1
Originally posted by @Joe Funari:
@Brian Anderson the BP calculators are OK. But some of the assumptions are very general and not specific to the market your looking in. As with @Joe Villeneuve has done I made my own spreadsheet that takes into effect assumptions for my local market here in the Dallas/Ft. Worth area. But I further simplify the process with my clients than using a spreadsheet. Especially when acquiring move in rental properties. Just be careful of doing too much analysis. Or you will never purchase an investment property.
Thanks Joe, it's good to know others are using their own spreadsheets/calculators as well. I was just curious if when analyzing, people use the BP calculators in general to determine if it's a good idea to dive into the details on a deal.
What types of assumptions for your local market might not be captured in the calculators if you don't mind me asking? Thanks!
Post: REI Meetups in Utah/Salt Lake County
- New to Real Estate
- Saratoga Springs, UT
- Posts 5
- Votes 1
Originally posted by @Josh Green:
I'd be happy to connect.
There is also the Salt Lake REIA and Utah REIA that have regular meetings and events.
Thanks Josh! I'll be sure to check those out. Happy to connect as well.
Post: REI Meetups in Utah/Salt Lake County
- New to Real Estate
- Saratoga Springs, UT
- Posts 5
- Votes 1
Hey Everyone!
I'm a new REI and looking to get going. I've been deep into the BP webinars/podcasts and am pre-approved and on the hunt. My question is are there many active meetups in Utah? I've seen older posts about these meetings but they seem to be several years old or one time meetings. Any info on beginner meetups would be much appreciated!
Thanks!
Post: BP Calculator Accuracy
- New to Real Estate
- Saratoga Springs, UT
- Posts 5
- Votes 1
Originally posted by @Joe Villeneuve:
I designed my own. I found I could make it more up to date and flexible. I wanted it to be somewhat customizable without allowing "fudge factors" to enter it.
Thanks Joe!
Post: BP Calculator Accuracy
- New to Real Estate
- Saratoga Springs, UT
- Posts 5
- Votes 1
Hey everyone, I'm new to Bigger Pockets and looking to get going and was just wondering have most people found success in using the calculators? Once your deal is done and you look back at the numbers the calculator gave you were they in the ballpark? I know it's probably best to not solely rely on the BP calculators, but just curious to see what others have found. I'm loving using the calculators so far, these things are amazing!
Thanks in advance!