[Calc Review] I'm New - Help me analyze this deal

[Account Closed]

View report

*This link comes directly from our calculators, based on information input by the member who posted.

Hello All, 

This is my first time using the rental calculator here. I have a Cleveland OH area triplex analysis and would consider partnering with someone who has the cash to purchase. However, I'm interested in how more experienced members would do/say. Does anyone know this market and whether the entered info would make for a good/bad presentation to a potential investor (not sure, but does this qualify as a BRRRR deal?)

Any & all comments are warmly welcomed!

[James Lusk]

@Account Closed What Mitchell is saying is what value are you adding to the deal? If you don’t have any experience or knowledge of the area, why would the money partner hand over 90k to you? A typically investor will want to know that you know what you are doing and are confident in the investment. 

I would recommend spending more time learning the market and analyzing deals so that you know for sure when a good deal is in your lap. Continue to ask questions and network. Then when that deal comes across your lap you will be able to confidently pitchl it to an investor.