Choosing the right deal for buying an investment property can be a major hurdle for new and experienced investors, but it doesn’t have to be.
How do you analyze a property by the numbers so you can feel confident to either move forward or toss the deal away and move on to the next one?
In today’s episode, we’ll continue our Hurdles to Real Estate Investing series by digging into Kyle’s favourite part of the rental property analysis process: the technicals!
What You’ll Learn
- How to determine if a deal is worth it when looking at the numbers including cash on cash return, return on investment (ROI), capitalization rate (Cap Rate) and more;
- Questions you should be asking selling agents of investment properties;
- What expenses that listing agents often leave out;
- Why you should look at the “3 Silver Bullets” when analyzing a deal; and,
- Why a deal isn’t dead just because the numbers don’t seem to be making sense.
Resources
- Canadian Wealth Secrets Property Analyzer Spreadsheet
- Zumper.com
- Enter the Canadian Wealth Secrets Giveaway
- Download our Wealth Building Blueprint
- The Canadian Wealth Secrets Wealth Building Booklist
Interested in Partnership Opportunities?
For those interested in potential Joint Venture (JV) Partnerships, reach out to us here.
[fusebox_transcript]