Quote from @Jason Xenakis:
Hey guys. New recruit here. I met my wife on Bumble. Online dating apps are all about the numbers. More swipes, more interactions, more dates. This gave me the opportunity to meet the girl of my dreams. How can I make my real estate investing game as efficient as Bumble? I don't want to scroll around Zillow and see something shiny and type the numbers in some calculator. This to me seems akin to going to a bar to pick up chicks. I want an analytic platform that updates in realtime when properties are listed with a multivariate analysis of each properties. What software should I look into?
Hi Jason! This is exactly what we here at BP aim to help investors and soon-to-be investors with! We have worked really hard to build and provide tools so that there's a low barrier to entry (well, as low as it can be in Real Estate anyways)
Here's my rec that could have you looking at dozens of pre-analyzed deals in less than an hour
1. Start with our
Market Finder tool and use it to look at different areas of the country that interest you, then really hone in on 1-3 markets you want to focus on. If this seems daunting then you can start with the
Top 100 Cashflow Markets that we put together and just pick 1-3 markets from there. This is just for practice for now so the most important thing is just looking at the numbers to gain an understanding, don't put too much pressure on it at this point, it's a muscle you have to build by doing reps.
2. Once you've identified markets you want to look into, head over to the
on-market deal finder and start putting in zip codes you've identified and specify your personal requirements for investing. What this tool does is it takes active market data from the MLS and shows you the basics of the properties already analyzed for you.
These tools are available to pro and you can test drive them with a free pro trial as well. If you have any questions about that - message me!
The best we can do is give you the tools to help analyze deals faster, from there real estate is so subjective and often "one mans trash is another mans treasure" so it's really about getting your brain used to looking at these numbers.
Once you know your market well enough, your brain IS this tool for you because you can look at a house when you're driving down the street and have that gut knowledge almost right away if it's in a good area, what price point you'd need to hit to break even, how many beds are desirable, etc!