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Updated over 5 years ago,
Steps taken in order to analyze deals!
Hey guys,
Preparing to purchase my first cash flowing rental property this year and hopefully many more to come throughout the next 12 months. I am more interested in multi-family homes and have started to analyze deals from Zillow.com, Realtor.com, Craigslist etc... most listings have a general idea of the numbers on a property to where you can punch into the BP Calculator to see how good a deal might be.
My question is how do some of you guys gather info to reinforce your numbers when analyzing a deal? How do you get a better idea what your property tax may be, your home insurance costs and a good idea of what the properties in that area are renting for prior to getting with your realtor or property managers? Or is mostly things you should depend on such a realtor or prop manager to help with?