Newbie Question #7: Deal Analyasis

[Elisha Keller]

After reading: http://www.biggerpockets.com/renewsblog/2013/04/09/how-to-buy-a-small-multifamily-property/ and http://www.biggerpockets.com/renewsblog/2010/06/30/introduction-to-real-estate-analysis-investing/ about multifamily homes and deal analysis I was a little overwhelmed but I felt more informed. My question of the day:

How do you use deal analysis to know if the property is right for you? What would you except for a cash flow if you were living in one of the units in a multifamily?

[Chris Adams]

@Elisha Keller I know from your previous post you are looking to do this in the future, not right now. How about we do it this way, find a property in your area that you are interested in, and regardless of the fact your won't buy it now, I will walk you thru the a detailed analysis of the property.

Doing the analysis is easy, understanding how to do it is the part that overwhelms new investors. Especially learning how to find the information. So you do the leg work and I will help you analyze the information.