Starting the Analysis Phase of RE Investing

[Bart Van Leijsen]

Good evening fellow Biggerpockets people!

Can someone give me advice on how they started analyzing deals in certain markets? I have been reading a lot of books but feel overwhelmed with all the information out there. We are hoping to put our house on the market next month and make a significant profit, which we would like to invest in an investment property. 

I work in CRE in a lending role and my dream is to one day become a developer / investor.

Property Type: Small MF / SFR

Markets: Colorado Market, Columbus / Cincinnati or Madison/Ridgeland, MS where we currently live. (looking around in the MS area to buy a property that needs some rehab and a motivated Seller)

Key Aspects on location: Large universities / Hospital System / Crime / Retail situation in the nearby area.

A little direction to how some of you have started analyzing deals and targeting your markets would be very helpful as my next goal is to start analyzing at least 3/4 properties a week.

Would like to connect with many of you and let me know how I can help with any questions in regards to Commercial Real Estate. 

Thanks in advance!!

[Samuel Diouf]

Like what Austin said, I would use the BP calculator. Another important factor is to know the grade of the neighborhood given property is in. Speak to other investors who know the area well and ask them for advice. I can send you a graded map of Ohio!