Updated over 8 years ago on . Most recent reply
Taking Brandon's Analyze 1 Deal a Day Challenge- Advice Needed
Hi BP Family- so I have been consuming BP podcasts and reading forums and wanting to put some things into practice as I continue educating myself. I have 1 rental already and have flipped 1 property so just enough to know that I need to learn more! I am also a real estate agent but 95% or more of the people I work with are typical home buyers and sellers- not investors. I can analyze a typical deal pretty easily but want to make sure I can proficiently analyze deals more like an investor as well. So, I am taking Brandon's 90 day challenge and analyzing 1 new investment deal a day!!
I am going to do this for different areas of town so that I can get to know some that I don't typically work in but that I believe I need to focus on more as an investor. I will be calling people i know that specialize in those area, doing online research, driving through the neighborhoods and really treating each as a potential deal I want to move forward with (and who knows- hopefully I will on a few).
What I wanted to ask, is what should I specifically be looking for as I analyze these that is more investor (Flip and/or BRRR/Rental) oriented than when I analyze for my friends and family that are buying/selling their personal residences?? I have quite a few things on my checklist but really want to make sure I am not missing anything. Thank you all so much for your help!