Resources to Get Good at Analyzing Deals

[Thomas O'Donnell]

What are the best resources some of you have used to learn how to master the deal analyzation process? I want to get really good at analyzing deals so I can practice every day. I guess what I am trying to ask is how to properly analyze a deal, what to look for, what to avoid, and what numbers would be considered good/bad. I'm sure there is a BP episode somewhere that goes over in full detail how to run the numbers on a property. Any responses or recommendations are greatly appreciated! Thank you!

[Marshall Leipprandt]

@Thomas O'Donnell Have you ever checked out any of BP's calculators? Their calculators are really self-explanatory and even spit out a fancy looking report once you've finalized your analysis.

I also developed my own excel spreadsheet that is customized a bit to my circumstances. For you, I would recommend using BP's calculators first and then just seeing if there are any other customizations you want to add and if so, create your own. I have my spreadsheet in Google Spreadsheets so I can easily update numbers on the go from my phone to run analysis...you never know when you'll need to :)