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...

@Kearsten M HiggsTo invest in real estate, set clear goals, focus on education, consider market, lifestyle, and financial goals, and analyze deals using tools like BiggerPockets' Rental Property Calculator.

Syndication might be the right investment for you, but given you are new to this, there is a lot to learn in analyzing these deals.  

BiggerPockets also has a calculator to analyze deals, and I highly recommend you start this as soon as possible, even if you are not ready to buy.

Hey @Jason Stiteler,I was using the spreadsheet that's under the Pick Markets > Picking a Market Worksheet and just analyzing those markets.

I'm happy to answer any questions you have about analyzing markets or getting started.

However, if you prefer something more hands-on, a duplex could be a safer starting point.Ultimately, both are good options, but a 4-plex offers better long-term growth if you're ready for the larger commitment.If you need help with financing or analyzing your options, feel free to reach out, I’d be happy to assist!

It’s not just about finding deals; the platform helps you analyze them and connects you with experienced local teams.

You might find local meetups or online groups where you can share experiences and learn from others who have successfully navigated the process recently.Also, be sure to analyze the numbers carefully to ensure that the investment makes sense for you.

If you have no idea how to set up a pro forma that will answer #1, and #2 your issue may or may not be the numbers on the condo, it may be your analyzing technique.