Newbies: FREE Deal Analysis by an Experienced RE Investor

[Wendell De Guzman]

If you're a newbie investor and you're afraid to make an offer on a house because you don't know if it's a good deal or not, here's what I'm going to do for you. I will analyze your deal for you and do it for free.

About me: I am an experienced real estate investor and been investing since 2003. I've done over 100+ deals anywhere from land, single family homes and multi-unit apartment complexes. My smallest deal is a $2,000 piece of land and my biggest deal is a $6M apartment complex (100+ units). I got interviewed here on BP on a podcast:

http://Biggerpockets.com/show65

Why am I doing this free deal analysis?

I see so many newbie real estate investors here on BP don't pull the trigger because they're afraid of doing a deal. Also, on the other extreme - I see some newbies buy BAD deals. Yes - there are calculators here on BP but sometimes, a deal is more than the numbers. There are other factors involved that can make a seemingly good deal on paper be a nightmare property. (Ask me how I know. On my podcast above, I bought a 36-unit apartment building that sounded good on paper but I lost my shirt! )

To get your free deal analysis, please put in the following info/ answer the questions below:

1. Are you going to buy-fix-n-flip the property or buy-fix-n-rent?

2. What is the ARV (After Repair Value) or FMV (Fair Market Value) of the property?

3. How much is the Repairs?

4. What is your Acquisition or Purchase Price?

5. How much are your taxes, insurance and HOA (if any)?

6. If you're renting the property, how much is the rent? How much are the expenses (see below):

  T - property Taxes
   I - hazard Insurance
  M - are you paying for property management or self-managing?
  M - maintenance and repairs (if you know it)?
  U - utilities (water, gas, electric - does the landlord pay for some of these and if so, how much are they?)

  R - replacement Reserves - how long has the property been renovated

7. Is the property in an A, B, C, D or F area? See below for my definition of these areas:

Based on your answers above, I will analyze your deal. Heck, if I like your deal, I might even help you fund it or even buy it from you.

Who wants to go first?