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Updated almost 5 years ago, 03/02/2020

User Stats

125
Posts
27
Votes
Julio Velazquez
  • East Elmhurst, Ny
27
Votes |
125
Posts

How do I know I'm analyzing deals correctly?

Julio Velazquez
  • East Elmhurst, Ny
Posted

Hello BP,

I often hear there are deals everywhere, some even say they got their first deal from a listing off MLS, Zillow etc.. I've been using the BP calculators to analyze deals but a lot of the information being asked is all estimates.. For what ever reason the area I'm looking at when I search for comps in the area on zillow or trulia usually other properties with similar price points were sold. The rehab is an estimate as well, So how do I know I'm analyzing the deal correctly?

I know you have to look at around 200 listing to probably come across 10-20 worth actually looking at. 

The uncertainty of doing it correctly is a little daunting..

Thank you in advanced.

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