New to REI, looking to learn about market analysis, would appreciate some pointers on how to start out, books, sites etc
Thanks!
So, I was getting ready to analyze a deal and when I was looking up the tax information I notice the property taxes hasn't been paid since 2011, so do I just use the last year it was paid?
I got an offer accepted at 66,000 for a sfh 4 bed 2 full bath. I estimate about 10k to fix it up. Rent will fetch 1000-1100 per month. Taxes are 2500 per year. I am putting 20% down at borrowing rate of 4.625. Does t...
Thinking of writing first offer today. Hud foreclosure listed at 70k going to offer 50k cash. Rehab going to cost 35-40k. When finished should for 147 on the high end 135 on the low. Going to cash flow the entire reha...
Hello BP,Any suggestions for software/spreadsheets to analyze deals? Pencil and a spiral notebook has been working well so far, but it somehow doesn't feel efficient. I'm good at excel basics, but not good enough to...
Hello BP,
I am about to make my first offer $161,000 for a 2 br 2 unit building. Income will be at least $2200($1100+ ea). Taxes are $5,000 a yr. I have to put 25% down. I'm guessing ins will be $1600 a yr.
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Hello BP, I know that BP has a tool to analyze deals, however, I'd like to get my hands dirty firs and anywise them the old fashion way in order to understand better the math behind the tools. Do you guys have any exc...
Can someone explain how to analyze deals? Is there more than one way to analyze a deal? The only one I'm aware of is the
70% rule or 60% in today's market.
In one of the recent webinars, Joshua and Brandon recommended beginners to start analyzing deals for at least 15 mins a day. My question is, how exactly to do we go about doing that without going to physically see the...
Hey,
I came across a post on the forums about analyzing a real estate deal , and there was a link to a blog on how to use the spreadsheet. but I couldn't find the actual spread sheet. Does anyone have that av...