Nov 5, 2012
An essential skill for every rental property investor big or small is knowing how to do accurate financial analysis. Without it, how do you know if a property is a good deal, how it compares to other properties; or whether it's a good time to buy, sell or refinance?
These are just some of the very important questions a prudent rental property investor needs to know how to find the answers to. That's why we say “Do the math and the math will tell you what to do!”
So the topic of this episode is an overview of the 7 essential formulas of rental property financial analysis. You'll learn what they are, why they're important and how to use them.
Sound scary? Hey, it's only math. And it’s not as bad as getting into a property expecting positive cash flow and finding out you’re really negative; or buying into an overheated market, or not getting out while the getting’s good. Good financial analysis can save you a LOT of heartache!
So listen in as The Real Estate Guys™ teach you how to sharpen your pencil and do the math!
The Real Estate Guys™ radio show provides real estate investing news, education, training and resources to help real estate investors succeed. Learn more and subscribe to the free newsletter at www.realestateguysradio.com.