Simple Tools to Evaluating Real Estate Investment Property
July 26th, 2007 by jevans161
In this post, I am going to show the exact steps I take to evaluate a potential real estate investment property. The focus will be on single family residences, but this method can be applied to other types of property. Also, I am going to include the actual spreadsheet I use to input the obtained values, and work the numbers. With the knowledge and tools that you will find here, you should be able to estimate your costs for a real estate property, and consequently, the profit you should expect to make from the deal. The only thing not included in this spreadsheet are any repair costs and holding costs associated with a potential real estate investment property. The spreadsheet is totally free, and is remarkably easy to use. If you are not sure of what steps to take to be able to get started with a reasonable evaluation of potential real estate deals, than this is definitely for you. See the article to get started evaluating a potential real estate investment property.
