How to analyze rental properties

[Calvin Wellington]

Hello! What resources should I use when analyzing rental property deals? I don't currently own property but want to make sure that I have fully vetted a deal out before making a decision. I am familiar with the 1% rule but in also realize that is more or less a rule of thumb. Any and all feedback is appreciated. Thanks.

[Geordy Rostad]

@Calvin Wellington

You should try out the Bigger Pockets calculator first for analyzing properties. Remember though, garbage in, garbage out.

If you want the best results, you need to make sure your numbers are complete. Don't forget repairs, capex, and management costs.