Help analyzing a deal

[Monica Corbett]

Hello all, 

My husband and I are interested in a deal and have used the Bigger Pockets analysis software to evaluate the deal. Is there a way to post the pdf of the analysis here to ask for advice?

Thanks!

[Bill Gulley]

I agree with Rick, frankly, I can't see a "calculator" taking the place of a logical approach that requires objective thinking, there are two many variables that can not be plugged in as a simple formula. 

I was talking to someone the other day about step by step "programs" and it hit me, the light went off in my mind. 

I was talking to a university professor and administrator (who has dabbled in RE) and ask how do we make students today learn to think?

After some discussion, including right and left side brain activity, we blamed much of the inability to think in abstract terms to technology. If the student is in their 20's they have been using the technical approach all their life. The 40 somethings have been around the technical world back to the Delphi systems of the late 70's and 80's. 

That series on 1's and 0's doesn't include 1/2 or 1/3 or 5/8's as variables. You're either turned on or off. Great for science, not so great for art. 

Fast forward through psychological types, (Jung) to Gendlin and Rogers, brought "Focusing" as a training method, based on feeling instincts in thinking to arrive at logical conclusions. Students today lack the ability to be instinctive thinkers, they are more driven toward conclusions that are reached by explicit approaches, that step by step process as being on or off or as a flow chart stop or proceed. 

We are becoming more robotic in our learning processes just as our computers and devices operate. Turn on, go here, enter data here and here, then compute here, then the answer is displayed. 

Creativity requires instinctive thinking, it's not necessarily a step by step approach that can yield the best solution to problems. 

@Rick H. mentioned, reliance on calculators hinders your ability to think instinctively , objectively, you won't be able to adapt variables in reality that come to play in the analysis of real estate, or law, or economics, or finance or accounting or any other professional endeavor that requires intuition, abstract thinking or layers of relevance of variables in circumstances or situations. 

You can turn on your radio and search for a station. You know what you like and don't like. But, you can't really understand music until you understand the metrics, tempo, rhythm, tone, the symmetry that brings us to an emotional state. 

If you are going to stick you neck out, but yourself at risk, put your money at risk in dealing in real estate, you need to understand the foundations of real estate, you will not be successful simply being turned on or off. :)