Unlock the Secret “Hack” That Could Slash Interest Rates to 3% in 2025—Here’s How You Can Cash In Before Anyone Else Does!
Dave:
Is it worse than the average deal in my market? And if it’s better, which it needs to be for you to actually offer on it, how much better? Is it 5% better? Is it 50% better? This exercise, I think to me has always made me feel confident when I offer on a property because I know I’ve looked at 50 deals this year in certain areas of the Midwest, I haven’t offered on most of them, but when those come around where it’s like, oh man, this one is better in every way than all the other deals I’ve been looking at, that’s when you know how to pound. So I really recommend that you do this benchmarking. That’s by analyzing deals. That’s one way to do it. The second way is we have a tool, free tool in BiggerPockets called Bigger Deals that allows you to look at cashflow and expected returns on properties.
Post Comment