All Forum Posts by: Patrick Bruske

@Maxwell Milholland

Where can I find deals to analyze? - The MLS will obviously provide you will listings to analyze but the competition is high. Another strategy is to hunt off market deals. I'm currently listening to Finding & Funding Great Deals by Anson Young which I think can be very help for you. BP Podcast #218 with Erik Stark I also found very helpful. Instead of just sending out mailers, provide value while helping solve people problems.

How can I begin to practice analyzing them? - Just begin. Take action. It's really that easy. Find properties, use the BP calculators. Biggerpockets Podcast #279 - Andrew Cushman shared some ways he analyzes deals. I found his strategy very helpful.  

And what resources can I begin to use that I can learn what to look for in a property? - I think the above two answers also answer this question. Just keep digging on BP forums, BP YouTube channel, and the BP podcasts. Find topics that currently relate to what you want to learn then read, watch, or listen. 

Don't forget to read through the BP Ultimate Beginners Guide: https://www.biggerpockets.com/real-estate-investin...

@Dominic DiCamillo - Welcome! 

@George Blower - Thank you! 

@Account Closed - Since your in the process of re-evaluating things, here are some notes from a podcast I listened to recently that I think might help. In the Biggerpockets Podcast #279 - Andrew Cushman shared some ways he analyzes deals. 

1) Buy in an area where median income is 35K or higher

• city-data.com
• richblockspoorblocks.com

2) Poverty level is less that 15%

3) Property is not in a flood zone

• Use FEMA website - pull flood zone map

4) Property is in a low crime area

• Use Trulia.com crime map as an initial screen
• He doesn't buy anything less than low crime
• If considering buying, go to local police department and inquire about the area. 

5) Above average population growth 

• USA.com
• Stay away from negative population growth
• Town should exceed the national growth average - this is a good sign. 

From the sound of things, the shootout in particular, it appears as though this property may be in a high crime area. An online crime investigation + visiting the local PD may help either clear up the concern or shed light on a potential issue. 

Hope these notes help. Best of luck. 

@Kurt Phillips - Thank you for the welcome and yes PM sent, also looking forward to connecting sometime. 

@Ian Tvardovskaya - Thank you for the welcome! 

@Jeremy Hysell Thank you for the welcome. I've been to Newark quite a few times and know exactly where that is. I appreciate you reaching out! 

@Millie H. Thank you! 

@Dmitriy Fomichenko

Thank you for the welcome Dmitriy! I have been listing to the podcasts almost every day. Being a big Audible fan the Famous Four segment is drumming up quite a bit a business up for Audible.com as I keep buying books and running out of credits lol. I set up the keywords alerts just this morning and have been meaning to go through the beginners guide. Thanks again! 

@Amanda Roderick - Hi Amanda! I'd love to meet for coffee. I am familiar with Canal Winchester, I have looked at quite a few houses there. I'll send you a PM!