How to Analyze a Rental Property (4 Quick Steps)
Автор: Real Estate Rookie
Загружено: 2021-08-10
Просмотров: 3349
Описание:
Knowing how to analyze a rental property is one of the most crucial skills when investing in real estate. If you don’t know how much a house will rent for, the cost to upkeep, and the profit every month, you’ll have no way of distinguishing a good deal from a bad one.
Today, Tony Robinson, co-host of the Real Estate Rookie Podcast shares the four steps to rental property analysis. Tony even shares an example of the first rental property he owned and how he came up with his numbers.
If you still feel overwhelmed by the many different variables of analyzing a rental property, try out the BiggerPockets calculators for free to get an in-depth report on your potential profit: https://www.biggerpockets.com/investm...
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Join BiggerPockets for FREE 👇
https://www.biggerpockets.com/signup
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Get Real Estate Data You Can Trust:
https://www.biggerpockets.com/bp-insi...
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Introduction to Real Estate Investment Analysis:
https://www.biggerpockets.com/blog/re...
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Listen to The Real Estate Rookie Podcast:
https://www.biggerpockets.com/real-es...
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Follow Tony on Instagram:
@tonyjrobinson or / tonyjrobinson
00:00 Knowing the Good Deals from the Bad
00:53 Step #1: Determine the Potential Income
01:58 Step #2: Identify Expenses
06:04 Step #3: Income - Expenses = Profit
06:30 Step #4: Calculate Your Returns
07:18 Running the Numbers on Tony's First Deal
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