Top 5 things to look at

[Paul Vu]

When you analyze a deal what are the top 5-10 numbers/ things you want to see right away in your calculations?

Example:

1. Cashflow?

2. $100 door?

3. 1-2% rule?

4. Good neighborhood?

5. Job coming in?

Doing some homework and would help if you all could help answer with your top requirements. Thank you in advance.

[Bjorn Ahlblad]

@Paul VuIt is not always in the same order; but generally

Neighborhood

Opportunity to Rehab Property and Raise Rent

Rehab budget and time line

Current cash flow and Cash flow when Rehabbed

In my market-and likely most markets there are no opportunities to buy and leave as is and make money by simply taking over a property and leaving status quo. Those are generally at about .6 compared to the 1% rule. I know I need about 1.3-1.5% to make a profit. By doing rehab and raising rent I can hit that number.