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Updated almost 8 years ago on . Most recent reply

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6
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Nia Wingard
  • Real Estate Agent
  • Brooklyn, NY
0
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6
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Learning How To Crunch the Numbers

Nia Wingard
  • Real Estate Agent
  • Brooklyn, NY
Posted

I am interested in buying a multi family home as my first investment property. I'm leaning toward house hacking to start and branching out to buy and hold multi families. One of the things that is holding me back from getting started (aside from the money)  is being able to read/crunch the numbers to determine a good deal. How should I go about learning how to do that?  I was considering taking an accounting class to start but I don't know what other route to take. Any suggestions?

Most Popular Reply

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259
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144
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Matt Faix
  • Investor
  • Carnegie, PA
144
Votes |
259
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Matt Faix
  • Investor
  • Carnegie, PA
Replied

@Nia Wingard Check out the book "What Every Real Estate Investor Needs to Know About Cash Flow... And 36 Other Key Financial Measures" by Frank Gallinelli. It's a fantastic resource for learning how to run numbers and evaluate deals. 

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