Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Real Estate Deal Analysis & Advice
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 8 years ago,

User Stats

37
Posts
19
Votes
Shepard Ager
  • Real Estate Professional
  • Birmingham, AL
19
Votes |
37
Posts

Analyzing my first deal

Shepard Ager
  • Real Estate Professional
  • Birmingham, AL
Posted

Hey everyone, 

I am new to BP.  I am still very green and trying to lean how to analyze a deal.  So i just got an email from a friend who is trying to sell his condo in Vestavia, AL.  In my financial state it would have to be a steal for me to follow through, I am honestly more interested in just learning how to analyze deals and get experience.  Aside from his asking price, what information do I need to gather so I can crunch the numbers.  The Condo is 1 of 90 units.  2 bed 2.5 bath.  Ground level.  Really trying to learn what to look for so i can start crunching numbers.  Any advice appreciated.  Thanks!  

Loading replies...