Ready to take action! Zillow and Real Estate Agents?

[Danny Ondik]

I'm really excited and want to take action on my first rental property, but don't want to rush into a bad investment. For someone who has no real experience besides reading books, what are some of the ways I should look into properties being a good deal or not? I have heard Zillow isn't that accurate but I don't know any real estate agents in my area either. I need a little help channeling my focus on where/how to research? 

Thank you for any help and advice!

[Bob Okenwa]

@Danny Ondik

You should give the BP Calculators a run and see how good or bad a deal may be. You should also watch many of the podcasts as they can give you some very good insight and real world examples of analyzing deals. Brandon Turner has a ton of podcasts on YouTube about rentals. You can learn a ton by watching those and using the information to practice analyzing deals in your area. Zillow is fine for checking out what properties have sold for and are listed for, but I'd stay away from the Zestimate as it isn't the most reliable price evaluating tool out there.