You could spend HOURS breaking down deals for cash flow, cash-on-cash return, return on investment, price-to-rent ratio, and countless other metrics. What do these terms mean, and which one is most important when analyzing rental properties? Today, we’ll show you how to streamline this process so you can check out MORE deals!
In this Rookie Reply, you’ll learn how to analyze deals the right way, find off-market properties without spending a dime, and make offers on properties you haven’t seen. We also get into house hacking and why covering your mortgage payment isn’t necessary for a great deal. Finally, stick around until the end for the inside scoop on our hosts’ most recent ventures. Tony spills the beans on his first commercial property, while Ashley shares about the “pocket listing” she landed in the city!
If you want Ashley and Tony to answer a real estate question, you can submit a question here, post in the Real Estate Rookie Facebook Group, or call us at the Rookie Request Line (1-888-5-ROOKIE).
In This Episode We Cover:
The most important metrics to look at when analyzing a deal
How to find off-market real estate deals for FREE
How to make an offer on a property you haven’t seen
Why you should house hack (even if it doesn’t cover your mortgage!)
Tony’s UNIQUE commercial real estate investing experience and Ashley’s “pocket listing” gem
And So Much More!
Links from the Show
Find an Agent
Find a Lender
Ashley's BiggerPockets Profile
Ashley's Instagram
Tony's BiggerPockets Profile
Tony's Instagram
Real Estate Rookie Facebook Group
Join BiggerPockets for FREE
Submit Your Real Estate Rookie Question!
Apply to Be a Guest on the “Real Estate Rookie” Podcast
Brush Up on Your Real Estate Terms
The Step-by-Step Guide to Finding the BEST Off-Market Real Estate Deals
Financially Free in 2.5 Years by Buying “Low Risk” Rental Properties
Ep #362: Rookie Reply: HELOCs Explained and How to Invest with BAD Credit
Tools to Help You Analyze Deals:
PropStream
Invelo
Privy
LandGlide
onX Hunt
Book Mentioned in the Show
The House Hacking Strategy by Craig Curelop
Real Estate by the Numbers by J Scott & Dave Meyer


Check the full show notes here: https://www.biggerpockets.com/blog/rookie-365
Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email: advertise@biggerpockets.com
Learn more about your ad choices. Visit megaphone.fm/adchoices