So how do you determine what is a good deal and what isn’t?  Learning to evaluate properties is an art, and it’s one that you must master if you are a real estate investor.  As with anything in business, it’s wise to create a system to do this.

Many new investors get caught up in “analysis paralysis”.   Meaning that they analyze a deal WAY to much.  Now don’t get me wrong, before you close on a deal, analyze the hell out of it!  Just don’t spend a ton of time analyzing deals that you might not even get.  It’s not a good use of your time.

You could spend countless hours analyzing 20 deals a week and not get any of them.  So you have to get this down to a science.  Or a system.  Read more…