I'm currently analyzing deals here and Jacksonville and also be to real estate investing.

I am haopy with the deal but would like to see what others think as far as risk return.The unit is a 2 bedroom 1 bath, 900 sq ft, 450 sq ft storage space, balcony, in unit washer dryer, outdoor parking, brand new paint and carpet, with appliances that are far from new but good condition.I analyzed the deal using the rental rates others are getting in the complex and subtracting all of the known expenses.

I have a question about the process of analyzing deals for my first property.

I think my biggest hurdle right now though is finding properties to analyze, and knowing which ones are worth analyzing.I think I should probably be talking to an agent and seeing what they can help me find.

these are the numbersarv 1580001300 market rent 4/2Pre foreclosureUPB 90,400Past due 20,800Asking 110,00010-15k work needed In rent condition now.PI: 525.005% interestTotal monthly: 912.64Needs money to move Foreclosu...

Hi,I am looking to buy a property (primary residence) in Potomac, MD. The house need a total renovation and I would like to get bggerpocekts help! It's a 4BR/2.5BA single house and has been vacant over a year. Current...

Hi,I am looking to buy a property in Potomac, MD. The house need a total renovation and I would like to get bggerpocekts help! It's a 4BR/2.5BA single house and has been vacant over a year. Currently, it is not habita...

Guess I'll just have to analyze any deals on their own merits, maintain sufficient margin for safety, and have multiple exit strategies, but that sounds like it will be a lot of work so maybe I should just look for an easier answer from a guru with fancy charts.

As you can see I've even purchased a pro subscription so I could begin using the deal calc to analyze deals in my area.

You have to really analyze where the project could go bad and have contingencies in place in case you run up against them - i.e. the house doesn't sell, you have unexpected costs during projects, what the SOW of the project will entail, what your marketing costs are (his wife as an agent will help minimize these costs), what if something unforeseen happens and you cant finish project, whos name the house will be under, and that might determine who will be able to pull permits if needed, etc.Anyway, you should spend A LOT of time going over "what ifs" and sit down with your attorney and pound out these details.