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Updated almost 6 years ago on . Most recent reply

User Stats

51
Posts
26
Votes
Oliver Perry
  • Investor
  • Glen Burnie, MD
26
Votes |
51
Posts

Learning to analyze deals

Oliver Perry
  • Investor
  • Glen Burnie, MD
Posted

HEY BP Family, 

I am starting out on my REI journey. I have noticed, after reading the Ultimate beginner's guide (Book) that most if not all niches all have something in common when it comes to a skill. The skill being knowing how to analyze and find a great deal. As I continued to read I have a question that can't be answered by the book. With this in mind here is the question. To practice learning to analyze a deal, what do you think is the best way to practice this skill? my assumption is that reading some of the deals on BP would help but I know for me reading it wont allow me to learn as much as doing and failing myself. Should I use actual properties? Create theoretical properties? Whats the best way to learn and improve this skill? Thank you for reading and I look forward to hearing your opinion and responses.

- Oli 

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