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Updated over 3 years ago on . Most recent reply

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Buck B.
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6
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What Am I Missing? Deal Analysis.

Buck B.
Posted

This deal has a $215/mo cashflow and 11.33% CoCROI. By Brandon's standards this seems like a decent deal. But I know I'm missing things, like the cost of new paint and maybe holding costs? 

I've been analyzing two deals a day. And I want to make sure that I'm not getting really good at doing this wrong >_< 
Any advice would be greatly appreciated. Thank you in advance. 

Deal: Artsy House on the Hill

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Anthony Dooley
  • Investor
  • Columbus, GA
1,995
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Anthony Dooley
  • Investor
  • Columbus, GA
Replied

@Buck B. You would learn more about deal analysis from some older Grant Cardone videos or Matt Theriault or someone on youtube explaining Net Operating Income or How to underwrite a real estate deal. If you did the analysis and you think it's worth doing, you should buy it. You will learn much more by buying a deal than gathering opinions from others. There is a saying that you are either making money or getting an education. Buy a deal. The worst that can happen is that you get smart very fast. The best thing that will happen is you will make money, which will encourage you to do more deals. 

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