All Forum Posts by: Nicolas Munoz

 Rachelle, that sounds like exciting progress, and thank you for sharing your strategy with me. When looking for your next potential property how will you approach the analysis?

 Thanks Alecia, I agree maybe I'm overthinking it, but how do you do your deal analysis? I've looked at a few properties and used excel models to input the numbers and do the calculations but ultimately none of them made investment sense. I'm worried that the time it takes for me to analyze other properties I could be missing out on potential opportunities. What's the best way to approach this phase of an investment?

 Great, let me know once you have that updated and I'd be happy to give feedback

Hi BP Community,

I’m reaching out to the experienced investors here to learn more about how you approach deal analysis and risk management. Specifically, I’m curious:

Deal Analysis:

- What's your process? What data do you gather and what tools do you use to optimize this process?

- How do you assess the market and identify red flags?

Concerns & Risk Mitigation:

- What are the biggest risks you look for?

- How do you protect yourself from potential pitfalls (e.g., vacancies, market shifts)?

Overall, how long do you spend in deal analysis for each property, and how many properties do you review before making a decision?

I’d love to hear your insights to help guide newer investors like myself and others in the community. Your expertise can make a big difference!

Looking forward to your responses – thanks for sharing!

-NM

 Ok that's unfortunate there's no tools for the public records. Yeah maybe I'll have to look into that, those public websites are awful.

Thanks for letting me know about rentometer, it looks legit. Any issues I should be aware of with the integrity or accuracy of the data?

 Hey Rachelle, I'm a newbie investor and trying to learn as much as I can about the industry. I'm curious to learn more about what else you're trying to automate. Would you mind sharing?

Quote from @Shrikar A.:

Hello folks,

Wanted to get some of the key criteria folks use in evaluation whether a deal is good or no. I for one built a simple chrome extension to see if the mortgage is less than rent and accordingly provide that information on every zillow listing page. Here is an example

Please let me know if there are any feature which you think might be useful and would like me to add to the extension.

 Hey Shrikar, that's great work! Is the monthly rent being calculated from Zillow's estimate or are you pulling comps in the backend to calculate it?

One feature that I would love is to be able to see this on the main search page so you don't even have to navigate to an individual listing.

 Hey Sanil, that's great you decided to build it yourself. Do you offer the tool or set of tools to external parties or just something you use internally. I'm a software engineer myself so I have the capability to build something but I was trying to avoid building and opt for buying. If you're willing to share I'd love to learn more about what you built. 

 Hey Samuel, thanks for your response and that's great that you have a team to help you out. Unfortunately I don't and I do feel more comfortable gathering the data and doing the analysis myself regardless so I was wondering if there are tools to help me do it faster. Could you share what tools your team uses to gather the data?