How to Analyze a Rental Property (2023 Market Indicators to WATCH)

Need to know how to analyze a rental property? If you've got five to ten minutes, you can analyze real estate deals. Even in 2023, when cash flow is low and home prices are high, it doesn't take long to determine whether a rental is worth your money (or time). And, if you're still trying to get your FIRST real estate deal, odds are you're probably spending HOURS finding deals and crunching numbers. So let's speed up the process.

In this webinar, Dave will walk through EXACTLY how to analyze a rental property in minutes, the tools he uses to calculate cash flow, cash on cash return, and more, and how to know whether or not a real estate market is worth investing in. With mortgage rates rising and affordability at historic lows, Dave was STILL able to find a property that produced positive cash flow. So, if Dave can find a deal like this, why can't you? Stick around to learn how to calculate rental property profits in MINUTES.

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00:00 How to Analyze a Rental Property
02:53 Meet Dave
03:55 Is NOW a Good Time to Buy?
06:02 3 Indicators to Watch
11:24 Analyzing a Large Market
14:24 Analyzing a Local Market
17:30 Running the Numbers
30:58 Analyze a Rental in MINUTES

[yeahjug]

Your videos are always helpful. Thank you

[marcustim]

Been waiting for a deal analyze vid from you guys! Thank you for the thoroughness and providing tools we can capitalize on :)

[christahegedus]

This is a great video. The only thing I notice is, when you put the ARV, you didn't seem to comp the renovated properties around the neighborhood. It seems like $550k ARV was a 'hopeful' goal without any analysis. Could you shed more light on this? Thank you!

[okey]

Hi! I see you mentioned “those who bought in 2010 are happy right now”
Then you likened right now, to 2010
But 2010 was after the recession, right?

And you said we are heading towards or going through a recession right now.

So shouldn’t we assume a recession should cause things to hit lower prices … then after we bottom we can call that new time frame the “2010”?

It seems like we’re at 2007 not 2010 in my opinion. Any thoughts?

Thank you!

[nickknight]

This was such excellent information and training. Do you guys have an App for IOS?

[nicogarcia]

this is fantastic!! thank you. looking to start long distance investing and this really helps

[ryansun]

Regarding the inventory graph from Redfin, does it exclusively include data for existing homes? Should we also take into account newly built homes? If so, where can we obtain data for newly built homes?

[DN-qkek]

I have watched tens of R.E videos over the past 45 days, and this by far is the most actionable video. Amazing content

[chriszivalich]

Can anyone explain the math formula to calculate the annualized rate of return. I thought it was (annual profit / initial investment amount / by the years)?

[sunnybhatti]

How to do goog property inspection or find a good property inspector, and how to do your own due dilligence?

[egonza]

Where did you get the chart for analyzing rent growth?

[tayashavers]

So do i need to take classes on macro economic ? Can BiggerPocket provide classes calculations ?

[dennishowland]

David I enjoy listening to your contact you were an expert in analytics which is fantastic as I am now so I enjoy listening to your analysis it’s great you’re giving me a lot of in-depth into the real estate market house adventure offered to my own investments a real estate so I

[jonmalone]

What site do you like to use for your macro data?

[SherryXShi]

How can 22 units build on 1.8 AC? Thx for your time.

[SheAMusicLvr]

Hi there - where did you pull the data from?

[StealthyCowbell]

Closing costs should probably be 3-4% minimum since you're paying points for most traditional investment mortgages at this point.

[luisarevalo]

I am actually interested in this property. Could you reach out to me about it.

[tieuvanphan]

I have opportunity to buy a package of 3 condos in Hilo for AirBnB, can you direct me to how to gauge for rental/house market in Hilo like realtor/investors/management company… much thanks

[cphili]

22 units seems a bit much for that property.. even going vertical, that would stand out like a mangled toe.