Deal analysis is a critical skill for real estate investors, and one of the most important for breaking into the real estate investing world. Have you ever wondered how successful investors are able to find, analyze, and confidently purchase rental properties? Well, you’re in luck because we’re dedicating an entire episode to this essential skill!
Welcome back to the Real Estate Rookie podcast! In today’s episode, Ashley and Tony will show you how to analyze real estate deals like a pro investor. First, you’ll need to determine your “why” for investing and select your investing strategy. Then, we’ll dive into the crucial factors to consider when breaking down a deal. Interest rates often discourage many investors, especially in today’s high-rate market. However, we’ll explain why letting the rate hold you back could be a huge mistake and why you shouldn’t let it stop you from seizing a great deal.
We’ll also explore properties that generate cash flow and how to identify them, as well as ways to gain a competitive advantage in your market by adjusting your buy box to target properties that other buyers may be overlooking. Stay tuned as we address some of the biggest mistakes rookies make, pitfalls that could hinder you from landing a successful deal!
These are some of the most important areas to consider when analyzing a deal. Don’t overlook them and remember to stay vigilant with your due diligence in every aspect of the deal.