First property analysis

[Benjamin Barnard]

Wow, just did my first couple property analysis, and boy was I surprised. When I first looked at those deals they appeared to be excellent with a lot of potential, but what I just learned is that you can't just assume a property is a good deal at first glance (at least not for a newcomer like myself). They both were negative cashflow, not by a lot, but still they weren't good deals like I initially thought.

Also, I can see how people can get stuck in analysis paralysis. It's just a ton of fun to play with the numbers, plus the tools that BiggerPockets offers are amazing. Already addicted!