All Forum Posts by: Nick Peters

@Gillian Scott

Welcome to BiggerPockets! You came to the right place to learn more about real estate and connect with other motivated investors. BP is full of great content, so I strongly recommend you to have a look at the following resources:

1. Start by reading the Ultimate Real Estate Investing Guide: https://www.biggerpockets.com/guides/ultimate-real-estate-investing-guide/introduction

2. Then check out other online guides available here: https://www.biggerpockets.com/guides

3. Have a look at BP's blog where new articles are published every day: https://www.biggerpockets.com/blog

4. If you wish to network or ask specific questions about your local market, join your local real estate forum and discuss with investors from your area: https://www.biggerpockets.com/forums/86-local-real-estate-networking

5. Or you can directly meet with them by registering to real estate events around you: https://www.biggerpockets.com/forums/521-events-and-happenings

6. BP has various tools and calculators available to help you analyze your deals (rental, flips, wholesale, etc.), feel free to use them: https://www.biggerpockets.com/investment-calculators

7. If you can't find what you're looking for, try the BiggerPockets' FilePlace: https://www.biggerpockets.com/files It contains hundreds of files such as ebooks, checklists, and spreadsheets for real estate investors.

Please let me know if I can help, and best of luck!

Looking for the perfect rental property or BRRRR investment? You came to the right place.

Let's all agree, reviewing rental properties is time-consuming and sometimes overwhelming. As a real estate investor, you will have to look at tens or hundreds of deals before finding the one that works for you. So you need to be able to quickly identify great opportunities and tailor your offer to get a shot against other seasoned investors.

Our spreadsheet is all about that: running numbers for you so you can efficiently tell apart great deals from bad investments.

So don't make the same mistakes as most investors:

Wasting hours trying to analyze properties?

Our pre-built excel spreadsheet is easy to use and beginner-friendly. With it, you'll be able to analyze any property in less than 2 minutes so you can review more deals!

Afraid to buy unprofitable properties because you didn't run the numbers?

Our calculator will run them for you and will immediately tell you if a deal is worth negotiating for or if it's a hard pass

Don't know what to look for when searching for a "good" deal?

Say no more. Our template includes all the most relevant financial ratios and indicators used by professional real estate investors

Our free rental property spreadsheet comes with all the features you need... and more:

• Single & Multi-Family Analysis: easily analyze both single-family homes and multi-family properties
• 30-Year Forecasts: get a long-term view of your investment, including rental income, operating expenses, net operating income, debt service, CAPEX, cash flow, etc.
• Profitability Analysis: run an advanced profitability analysis using more than 15 key financial indicators (IRR, MIRR, EMx, Cash on Cash, Cap Rate, etc.)
• Scenario Analysis: Automatically review the impact of multiple parameters on your profitability
• Maximum Offering Price: Assess how much you can offer on a property to achieve your profitability target
• Sale Date Optimization: Optimize your total return by selling your property at the right time
• Reports: easily print and share professional reports with fellow investors, lenders, and business partners

Remember: money is made when you buy, not when you sell so it's important that you run the numbers before you close the deal. So jumpstart your journey as a real estate investor and get our free rental property analysis spreadsheet at: www.RealEstateSpreadsheets.com

Feel free to send me a message on BP if you have any questions, I'm happy to assist.

Cheers,

Nick

If you calculated your IRR the right way, then no, a 5% IRR when investing in real estate is not a good deal. At a minimum, you should look for 10% (and really nothing below). 10% is even pretty low when you consider all the work that you have to put into such an investment.

Welcome to BiggerPockets! You came to the right place to learn more about real estate and connect with other motivated investors. BP is full of great content, so I strongly recommend you to have a look at the following resources:

1. Start by reading the Ultimate Real Estate Investing Guide: https://www.biggerpockets.com/guides/ultimate-real-estate-investing-guide/introduction

2. Then check out other online guides available here: https://www.biggerpockets.com/guides

3. Have a look at BP's blog where new articles are published every day: https://www.biggerpockets.com/blog

4. If you wish to network or ask specific questions about your local market, join your local real estate forum and discuss with investors from your area: https://www.biggerpockets.com/forums/86-local-real-estate-networking

5. Or you can directly meet them by registering to real estate events around you: https://www.biggerpockets.com/forums/521-events-and-happenings

6. BP has various tools available to help you analyze your deals (rental, flips, wholesale, etc.), feel free to use them: https://www.biggerpockets.com/investment-calculators

7. Finally, if you can't find what you're looking for, try the Bigger Pockets' FilePlace: https://www.biggerpockets.com/files It contains hundreds of files such as ebooks, checklists and spreadsheets for real estate investors. I've myself uploaded a few spreadsheets (rental property analysis and house flipping) to help investors analyze their investment properties, it's available in my fileplace: https://www.biggerpockets.com/files/user/NickPeters

Please let me know if I can help, and best of luck!

Welcome to BiggerPockets! You came to the right place to learn more about real estate and connect with other motivated investors. BP is full of great content, so I strongly recommend you to have a look at the following resources:

1. Start by reading the Ultimate Real Estate Investing Guide: https://www.biggerpockets.com/guides/ultimate-real-estate-investing-guide/introduction

2. Then check out other online guides available here: https://www.biggerpockets.com/guides

3. Have a look at BP's blog where new articles are published every day: https://www.biggerpockets.com/blog

4. If you wish to network or ask specific questions about your local market, join your local real estate forum and discuss with investors from your area: https://www.biggerpockets.com/forums/86-local-real-estate-networking

5. Or you can directly meet them by registering to real estate events around you: https://www.biggerpockets.com/forums/521-events-and-happenings

6. BP has various tools available to help you analyze your deals (rental, flips, wholesale, etc.), feel free to use them: https://www.biggerpockets.com/investment-calculators

7. Finally, if you can't find what you're looking for, try the Bigger Pockets' FilePlace: https://www.biggerpockets.com/files It contains hundreds of files such as ebooks, checklists and spreadsheets for real estate investors. I've myself uploaded a few spreadsheets (rental property analysis and house flipping) to help investors analyze their investment properties, it's available in my fileplace: https://www.biggerpockets.com/files/user/NickPeters

Please let me know if I can help, and best of luck!

Hi @Mike Gonzalez

Feel free to have a look at my FilePlace on BP, I've recently uploaded a few excel spreadsheets that can probably help you in your real estate investing journey. Currently there are 4 spreadsheets available:

• 1. A rental analysis spreadsheet to analyze rental properties and BRRRR investments
• 2. A house flipping spreadsheet to review and manage house flips and rehab projects
• 3. A comparative market analysis spreadsheet to keep track of all the properties you analyze so you can identify trends in your local market and easily run comps
• 4. An excel mortgage calculator with some nice features (extra payments, interest-only, etc.)

All of them are freely accessible on this page: https://www.biggerpockets.com/... I try to update them on a regular basis based on users' feedback. Let me know if you have any questions, happy to help!

Welcome to BiggerPockets! You came to the right place to learn more about real estate and connect with other motivated investors. BP is full of great content, so I strongly recommend you to have a look at the following resources:

1. Start by reading the Ultimate Real Estate Investing Guide: https://www.biggerpockets.com/guides/ultimate-real-estate-investing-guide/introduction

2. Then check out other online guides available here: https://www.biggerpockets.com/guides

3. Have a look at BP's blog where new articles are published every day: https://www.biggerpockets.com/blog

4. If you wish to network or ask specific questions about your local market, join your local real estate forum and discuss with investors from your area: https://www.biggerpockets.com/forums/86-local-real-estate-networking

5. Or you can directly meet them by registering to real estate events around you: https://www.biggerpockets.com/forums/521-events-and-happenings

6. BP has various tools available to help you analyze your deals (rental, flips, wholesale, etc.), feel free to use them: https://www.biggerpockets.com/investment-calculators

7. Finally, if you can't find what you're looking for, try the Bigger Pockets' FilePlace: https://www.biggerpockets.com/files It contains hundreds of files such as ebooks, checklists, and spreadsheets for real estate investors. I've myself uploaded a few spreadsheets (rental property analysis and house flipping) to help investors analyze their investment properties, it's available in my fileplace: https://www.biggerpockets.com/files/user/NickPeters

Please let me know if I can help, and best of luck!

Hi @Trace J.

Feel free to have a look at my FilePlace on BP, I've recently uploaded a few excel spreadsheets that can probably help you in your real estate investing journey. Currently there are 4 spreadsheets available:

• 1. A rental analysis spreadsheet to analyze rental properties and BRRRR investments
• 2. A comparative market analysis spreadsheet to keep track of all the properties you analyze so you can identify trends in your local market and easily run comps
• 3. An excel mortgage calculator with some nice features (extra payments, interest-only, etc.)

All of them are freely accessible on this page: https://www.biggerpockets.com/... I try to update them on a regular basis based on users' feedback. Let me know if you have any questions, happy to help!

Hi Edward, you can have a look at my file place on BP, I have a few excel spreadsheets that may help you in your real estate investing journey (to analyze rental properties, BRRRR, etc). You can access it here: https://www.biggerpockets.com/...

I'm about to upload updated 2022 versions in the coming days, with more features available.

Let me know if you have any questions, happy to help!

Always include PM, even if you self manage. For two key reasons: i) you may self-manage today, but what about tomorrow? You may not want to manage properties your whole life; ii) What if you buy more properties and scale? Are you going to continue to self manage?

Including PM is the right thing to do when planning your investments.