Real Estate Deal Analysis & Advice
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
![](http://bpimg.biggerpockets.com/assets/forums/sponsors/hospitable-deef083b895516ce26951b0ca48cf8f170861d742d4a4cb6cf5d19396b5eaac6.png)
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
![](http://bpimg.biggerpockets.com/assets/forums/sponsors/equity_trust-2bcce80d03411a9e99a3cbcf4201c034562e18a3fc6eecd3fd22ecd5350c3aa5.avif)
1031 Exchanges
presented by
![](http://bpimg.biggerpockets.com/assets/forums/sponsors/equity_1031_exchange-96bbcda3f8ad2d724c0ac759709c7e295979badd52e428240d6eaad5c8eff385.avif)
Real Estate Classifieds
Reviews & Feedback
Updated about 10 years ago on . Most recent reply
![JIMMY PASCHALIS's profile image](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/270363/1621438828-avatar-jimmypaschalis.jpg?twic=v1/output=image/cover=128x128&v=2)
Golden Rules
Hey,
I haven't done any deals yet but as I'm reading the BP beginner guide it talks about certain rules of thumb. Do you live by any rules when analyzing a property? Are there any tricks to look at when analyzing a property that let you know this might be a good investment?
Thank you.
Most Popular Reply
![Will Barnard's profile image](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/4738/1621347135-avatar-barnardinc.jpg?twic=v1/output=image/cover=128x128&v=2)
There are only two rules you need to master.
Rule 1. Never overpay for a property.
Rule 2. Refer to Rule #1.