BRRRR - Buy, Rehab, Rent, Refinance, Repeat
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
Updated over 4 years ago on . Most recent reply
How to analyze a good or bad deal?
I am new to real estate. I am currently trying to educate myself on how to analyze properties. What does a good property look like? Do I come up with a criteria list? I just want to start with analyzing.
Most Popular Reply
Starting is always the most difficult part. Take your time and educate yourself. I attended local REIA meetings and really dove and learned. Listen to podcast, read books, attend investor tours and learn from experienced investors. The first property is always the most difficult. I found all of my contacts at local REIA meetings; contractors, attorneys, CPA's, private lenders, real estate agents, wholesalers and many others. Numbers are the most important aspect. Understanding what a good deal is critical. Definitely read David Greene's book Buy, Rehab, Rent, Refinance, Repeat and Brandon Turners on Rental Property Investing.