how to evaluate properties

Question

how would I evaluate a property to know if it's a good deal or not

Jay DeCima · Answer

Mike

You are right that many sellers that took back the seller financing will cash out at a discount.  Why? Because they needed a chunk of cash at that moment, instead of small monthly payments.  You or I may do the same.

The So. Seminars from 2016 were filmed and are available.  Please message me.

Good luck with the seller financing.  It is so important to speed up your buy and hold real estate investing.

Go luck.

Fixer Jay DeCima

Jay DeCima · Answer

Mark

Give me your email and I will send my property analysis form and the accompanying details how to fill it in.

I have been using this for over 40 years with my cash flow rentals and taught my students how to use it.

It is especially useful when I am getting seller financing (85%+ of my deals).

Best

Fixer Jay DeCima

Dallas Trufyn · Answer

The ARV is the critical number when assessing. To get it, you need comps. Zillow can give you a 'Zestimate' of that number, but comparables from an RE Agent are best.

Daniel P. · Answer

Hey @Jay DeCima could you share your forms with me as well? It would be greatly appreciated!

Thanks

Daniel

Jay DeCima · Answer

Thanks for being my customer Mike.

I hope the book gives you an introduction to what I call "investing with a twist". Once one understands this, the cash flow is way more than one would get buying houses one at a time.

Good luck with your investing.

Let me know if I can help.

Best

Fixer Jay

Christopher Phillips · Answer

@Mark Benjamin

Watch any of the BiggerPockets webinars on Youtube.

how to evaluate properties

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