While algorithms can analyze data at scale, real estate isn’t just about numbers—it’s about nuances and the most important component of real estate is understanding its value, and that to me (maybe I am old school) but can only be done by physically visiting and walking the property.So for me, factors like local market conditions, property inspections, and borrower credibility can’t be fully captured in a formula.

Ideally not too much of both.The best way to learn what makes a good deal is to just keep analyzing.

: Hey @Michael AlmandI am analyzing a tool called 'Rehab Estimator' that helps you estimate rehab costs in your area and generate the statement of work (SOW) based on your selections.

finding and analyzing deals should be at the top of your list of things to learn when starting out!

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.

If you need help analyzing a deal, DM me, and I’ll point you in the right direction!

Quote from @Avani Patel: Hello, it is really time consuming for me to analyze each property by manually entering its data to calculate the return. 

How do you go about finding areas to invest in with limited capital?

After analyzing hundreds or even thousands of deals, you develop an intuitive understanding of not just the numbers but their sensitivity.

Quote from @Michael Elliott: Quote from @Tyler Gibson: Quote from @Michael Elliott: Have been analyzing data in STR Insights following a great week at the STR Wealth Conference in Nashville.