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Updated over 6 years ago on . Most recent reply

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Tabarus Barton
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Help me analyze this deal

Tabarus Barton
Posted

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Can anyone help me out with this piece of property? I am new to investing and I would like to know if these numbers look right? Also I would like to know if you guys think its worth my time?

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Aaron K.
  • Specialist
  • Riverside, CA
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Aaron K.
  • Specialist
  • Riverside, CA
Replied

@Tabarus Barton there isn't really a solid checklist, it is more about getting used to the market. If you see most properties you are interested in sell in 3 days and you show up on day 300 it should raise red flags. A good way to find out might be to talk to your agent if you have one or the listing agent which you can find a couple of ways. Another thing I usually do is check if something is on MLS or not by making sure it shows up on realtor.com and/ or Redfin as well as Zillow (anyone can post on Zillow)

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