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Updated over 4 years ago on . Most recent reply

User Stats

31
Posts
12
Votes
William Graves
  • Contractor
  • Portland, OR
12
Votes |
31
Posts

Tools for effectively learning to analyze rental properties

William Graves
  • Contractor
  • Portland, OR
Posted

Hello there

I am currently in the process of learning to analyze properties and currently on step 1 of that process.

My question is, how did you go about learning to analyze potential rental properties and estimating rehab costs? What are some good books/tools you use to help you with this process?

I have already purchased the bigger pockets “How to Estimate Rehab Costs” book and it should be here soon, but I was curious what you guys have to say about it all and advice you have for someone just now learning how to do it.

Thanks!

Most Popular Reply

User Stats

78
Posts
96
Votes
David Monroe
  • Real Estate Consultant
  • Mobile, AL
96
Votes |
78
Posts
David Monroe
  • Real Estate Consultant
  • Mobile, AL
Replied

Obviously the CCIM Institute or Institute for Real Estate Management, IREM, have the best courses for learning how to do financial analysis and give you the tools to do it.

I read a book a few years back that was the best book on cashflow I ever read. It's called, "What Every Real Estate Investor Needs to Know About Cash Flow" by Frank Gallinelli. It's available at Amazon in Paperback and Kindle.

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