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Updated over 4 years ago on . Most recent reply

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Christy Sturlaugson
  • Rental Property Investor
  • Coon Rapids, MN
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Analyzing a Property

Christy Sturlaugson
  • Rental Property Investor
  • Coon Rapids, MN
Posted

I’m just starting my Real Estate Investing journey. I have made a goal to analyze a property every day. Looking for tips, processes and resources to do that well. Thanks!

Most Popular Reply

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Jonathan Greene
#5 Starting Out Contributor
  • Real Estate Consultant
  • Mendham, NJ
7,584
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6,629
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Jonathan Greene
#5 Starting Out Contributor
  • Real Estate Consultant
  • Mendham, NJ
Replied

@Christy Sturlaugson doing one analysis a day is a good goal, but make sure you are offsetting this by actually seeing properties in person. For new investors, too many are just analyzing before they look and if you do that you never can actually attach the values you are using to what you see in real life. 200k is different in every market and repair costs are different in every house. The calculators are best used in concert with in-person viewings.

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