I go through the local MLS and crunch the numbers on a few potential investment properties.
How should you analyze a property to see if it would make a good investment? If you’re new to real estate investing, It’s difficult to know where to start. That’s why today, I’m taking you step by step through my process for analyzing investment properties. I’ll go through examples based on real properties in our area so you can get a better idea of how this process works.
You can listen to my full explanation in the video above or skip to each topic using the timestamps provided:
0:00 — Introduction
0:30 — Example property in Hutto
1:53 — Finding costs
4:00 — How to find your potential rent
6:56 — How interest rates affect things
8:00 — Real estate investing is long term
9:22 — Put them in a spreadsheet and compare the numbers
10:00 — Wrapping things up
Hopefully, you found this conversation helpful. In the meantime, call (512) 587-4050 if you have any questions about investing in real estate. I look forward to hearing from you!