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Updated over 3 years ago, 03/24/2021
Number Crunching Confusion
Hello everyone! I'm still very new at this. Well, new as in I think I would be considered stuck in the analysis paralysis stage for going on a decade now. I haven't done my first deal. Anyway, I've been using the calculator tool to run the numbers on possible deals for rentals. I don't know if I'm not accounting for something or not accounting for enough. The properties I've been doing the numbers on are coming out to about an average of 20% CoC returns. They're mostly all just under the 2% rule. I'm pulling the rent estimates from Rentometer. I'm certain they have to be pretty good deals because almost all of the reports I've done numbers on in the last 10 days have already sold. Am I missing something? Could they all really be that good of deals? Am I just in a never ending cycle of over thinking all of this? Has anyone else gone through this? What did you do to overcome?