As a former banker, I would've thought you'd analyze deals based on the numbers rather than on an uninformed emotion. 

Many people will try and fail, but the ones that learn the correct ways to analyze properties, screen tenants, hire PM's and turn REI into a functioning business model will benefit from significant financial gains.When people says its bad to invest in rentals/flips and the like they are often regurgitating poor information they received from someone else.

Unlike the stock market, where tens of thousands of analysts are analyzing most every stock out there, real estate is an inefficent market where a determined and savvy investor can search out and exploit market opportunities before the herd discovers them.I feel like there should be an American flag waving behind me right now with the Star Spangled Banner playing in the background, but to me real estate is what America and capitalism are all about: with some hard work, determination, guts and grit _anyone_ can succeed in this great land of opportunity.

I have an understanding of analyzing the income statement determining a cap rate, but when it comes to individual expenses: contracted services & maintenance, utilities, insurance, reasonable vacancy, advertising, management etc.

For each and every property you analyze to purchase, you have to account for ALL of your other properties.

Hi All,So, i've been thinking about how to get into investing and in particular what my plan and strategy will be...That got me thinking about once i decide a strategy, what stats/data do i need to collect and analyze with regards to market.

This value is determined by analyzing sales of comparable bare land.

A bit of an update.I am in the middle of a deal for 29 individual properties, 30 total units.As part of the due diligence I am using different tools to analyze the details.

I am looking for a good book on analyzing markets prior to entering them, but the only one I've found is from 2001:http://www.amazon.com/exec/obidos/tg/detail/-/0874208688/ref=ord_cart_shr/102-2402159-5392948?

Newbie possibly looking to do first pre-foreclosure deal -- would like some feedback. I've been reading the forum, and reading up on the subject for the past many months, so I know enough to be *dangerous*...
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