Deal analysis is an essential tool in the investorâs toolkit and maybe the most crucial skill for breaking into real estate investing. Have you ever wondered how other investors can find a rental property, run the numbers, and buy with confidence? Well, youâre in luck because weâre dedicating an entire episode to this vital skill!
Welcome back to the Real Estate Rookie podcast! Today, Ashley and Tony are going to show you how to analyze real estate deals like a pro investor. First, youâll need to determine your âwhyâ for investing and choose your investing strategy. But after that, weâll dive right into the most important factors to consider when breaking down a deal. Interest rates are a sticking point for many investors, and todayâs high rates keep many of them on the sidelines. But weâll share why this is a HUGE mistake and why your rate shouldnât stop you from snatching up a great deal.
Weâll also discuss two types of properties that cash flow and how to find them, as well as how you can gain a competitive edge in your market by adjusting your buy box to include the properties other buyers are overlooking. Donât go anywhere because weâll even address some of the biggest mistakes we see rookies makingâpitfalls that could hold you back from landing a home-run deal!
00:00 Intro 00:46 Deals Gone Wrong! 06:02 Finding Your âWhyâ & Strategy 09:12 Investing for Cash Flow 15:56 Do Interest Rates Matter? 21:29 Interest Rate Strategies 28:29 Other KEY Factors 32:35 Biggest Analysis Mistakes
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By: Real Estate Rookie Title: Deal Analysis 101: How to Find Your First (or Next) Rental Property Sourced From: www.youtube.com/watch?v=wlthTvfaryA
