Show you our one page deal analysis sheet we use to analyze our houses, can have you run a couple if you like to get a feel for it.

There are absolutes when analyzing rental property!

Hello BP,In starting to analyze potential deals, I've run into my first big question.

If you look at everything in the neighborhood in your property's square footage/age/condition range that's sold in the last 6-12 months in the neighborhood, as well as every active and pending listing in the neighborhood, you (or a local broker that's competent at analyzing that sort of data) should be able to get a really good idea of what needs to happen to sell your house.

and sometimes it feels like I am analyzing a truss system when I am looking at deals, rather than just running the simple numbers.  

Employing a systematic approach/process for analyzing deals is important so that you aren't tempted to make exceptions and chase deals that will wipe you out.

@Adam K.By investor-friendly agent, do you mean somebody who weekly analyzes every single multifamily property that hits that market from Placer county all the way down to Merced so they know a deal when they see one because they see them all, and then runs all the numbers and analysis for you so you don't have to and puts it on a nice spreadsheet so you can clearly analyze potential deals?

I've analyzed a few multi fam and single family properties in UC, Hayward, Castro Valley area and the numbers definitely didn't work.

I just haven't had any experience on the rehabs and that gives me a much better understanding of how to analyze.

If you would like to talk, we are also interested and networking, potentially finding other investors to work with and working together to analyze and find smart investments.