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All Forum Posts by: Ari Hadar

Ari Hadar has started 45 posts and replied 385 times.

Post: Analyzing Deals Tips

Ari HadarPosted
  • Investor
  • Posts 401
  • Votes 86
Originally posted by @Heston Vaughan:

I've recently gotten a great interest in real estate. I want to start analyzing several deals a day so that I can start getting used to the numbers and be able to see what looks like a decent deal right off. What methods do you all have?

I have an app that finds comps and such, but I'm not certain how accurate it is. Thanks everyone for the help.

 Comps are a kind of art more than exact science and you need to ask pm and realtors as well... 

About analyzing deals you need good calculator. What do you actually use? 

Post: Beginner Here: What is House Hacking?

Ari HadarPosted
  • Investor
  • Posts 401
  • Votes 86
Originally posted by @Leo Tamcsu:

Hey,

Read a lot of forums talking about house hacking and that it’s a really smart thing to do, especially for a cheap rent. So I wanted to ask as an beginner just getting into real estate, first off what is house hacking, and second, do all people getting into real estate do house hacking?

Thanks.

Roommates can influence your privacy so usuallyppeople buy duplex, triplex and live in one of the separate unit that detached by a wall so you don't have privacy issues. 

Post: Starting while working 60 hour weeks

Ari HadarPosted
  • Investor
  • Posts 401
  • Votes 86
Originally posted by @Daniel Smyth:

Get a Pro membership in BiggerPockets!

Listen to a free webinar and get a discount code first.

While you figure out if you will buy a pro membership,  you can utilize a myriad of free podcasts and YouTube videos!

I use Podcast Addict for podcasts, and listen all the time while driving or doing other things when I can listen.

That's how I started, and the listening helped me get used to so many terms and practices.

You can go as slow or fast as you like. The deals are out there, and when one gets away, another is just a bit away.

I use YouTube a great deal, as well as audio books. I also listen to many other people on the Internet and YouTube. 

Good work finding Biggerpockets.com. 

So much help here and no hand out for you to fill with your hard earned cash! There is a lot to buy, but the more you listen and ask questions,  the fewer times you will buy things you are not ready to use.

Good Luck!  This is an exciting time, as things are changing, that will fare well with those who have open eyes and a questioning attitude.

Are there any free good calculators and free deal analysis videos because it's better saving money as a newbie? 

Post: Cleveland Ohio investors! Let’s connect

Ari HadarPosted
  • Investor
  • Posts 401
  • Votes 86
Originally posted by @Tadela Tedemet:

Thank you so much! Thanks to the advice on BiggerPockets I’ve got wheels in motion and two deals under contract🙏🏽🙏🏽 Hope the closes go smooth I’m so appreciative of this forum and all the helpful generous people on here! @Brandon Turner thank you for creating this space !!!!!! I feel my life changed so much in the month and a half I’ve become a member! 

What kind of deal did you make?

Post: Books To Read About RE

Ari HadarPosted
  • Investor
  • Posts 401
  • Votes 86
Originally posted by @Nicholas Aumua:

Hello everyone! Been learning for a few months. What are some book recommendations to read about RE and investing?

Look at books in BP and they have a list of 13 beginers book that are essential for the basics

Post: Newbie, which BiggerPockets membership to get for 4 rentals

Ari HadarPosted
  • Investor
  • Posts 401
  • Votes 86
Originally posted by @Curt Davis:

Get the Pro membership, its the only way to go. 

Aren't there other free calculators in the market?As a rookie he might better save money.... 

Originally posted by @David Robertson:
Originally posted by @Ari Hadar:

Is it as good or better than  BP calculators? I see it has paid version.  

I personally use my own spreadsheets & software for analyzing deals, but from what I understand DealCheck is one of the most widely used deal analysis phone/tablet apps on the market.

I don't believe BP has a phone app for their tools for Iphone, it's only on the android for some reason.

Android Chrome version of BP can be enough and can stay open. 

As a rookie is there a good calculator I can use? 

Post: What "never fails" BRRRR ops system have you masterminded?

Ari HadarPosted
  • Investor
  • Posts 401
  • Votes 86
Originally posted by @Jordan P.:

@Ari Hadar, I'm currently using Google Sheets in Drive to keep track of everything, but I don't feel like it's the best system or app to minimize effort. I recently came across this: https://brrrrinvest.com/produc.... Has anyone used this? This general concept is what I'm looking to develop and use for our business.

It's seems another paid checklist that you can make on yourself like other checklist like how to hire and deal with constructors etc... 

I tend to do things by heart and not write it down but it might be changed... There are a lot of good tips that might be forgotten in the way. 

Post: What "never fails" BRRRR ops system have you masterminded?

Ari HadarPosted
  • Investor
  • Posts 401
  • Votes 86
Originally posted by @Jordan P.:

@Jay Hinrichs, thanks for your insight. I was just trying to get folks to share their thoughts on checklists and systems they've developed or used that work well for them in moving through BRRRR deals. I used the words "never fails" to try and get the discussion going, nothing more - I'm not so naive to believe there's a real estate panacea. I'll be more careful with my wording next time.

Do you write all the system and procedures in a word file or excel? How do you keep track of it and modify it? 

Originally posted by @David Robertson:
Originally posted by @Ari Hadar:

If you only have a phone to analyze deals then I would look into DealCheck app. 

Is it as good or better than  BP calculators? I see it has paid version.