Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Starting Out
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 5 years ago,

User Stats

40
Posts
2
Votes
Bobbie Dancy
  • New to Real Estate
  • Cleveland, OH
2
Votes |
40
Posts

want to understand the numbers in finding & analyzing properties

Bobbie Dancy
  • New to Real Estate
  • Cleveland, OH
Posted

Hello I'm new to investing and trying to figure out the proper system to identify and analyze homes. After I've done my comps on a property. The asking price $75,000; the comp is slightly superior and sold for $70,000. (It was the only property that actually compared accurately.) What is the next step?...after doing the comp. I'm just practicing because I want to be good at finding good investment properties and analyzing them. 

My plan is to house hack and BRRRR. First and foremost I want practice good habits as an investor. Understanding the numbers in rental properties. I don't want to overpay because I think I like the house. I rather be accurate on my selections.