Market Analysis & Deal analysis

[Rafael Perez]

Hey BP family hope everyone is having a great summer! I have come to the realization that deal finding, analysis, running numbers, underwriting, etc. is what I want to focus on the most for my current journey in REI. My goal is to purchase my first primary residence that I will house hack within the end of this year or early next year. A local investor that I have been running rehabs for has also presented me an opportunity to partner with as long as I bring the deal. So right now I want to focus all my attention on studying my market, and learning to find good deals. So far what I've thought but not put into action is to go to as many investment opportunity open houses in Omaha to practice my underwriting. I also want to get in contact with local agents to talk about the market and where it's headed. Another method is to study recently sold houses and houses for sale across the city I live in to start price pointing certain areas.

For someone just starting out, what do you believe is the best way to study my market? And, what is the best way for me to analyze and underwrite as many deals as possible so I can grow my confidence when it is time to pull the trigger

Thanks in advance!