Hi everyone,
I’m starting to look at potential investment properties and want to make sure I’m running the numbers right. I’ve seen a few formulas thrown around, cap rate, cash-on-cash return, stuff like that, but it feels like there’s more to it than just plugging numbers into a calculator.
For those of you who’ve done a few deals, what do you actually focus on when analyzing a property? Do you have a checklist or a system you follow? And how do you factor in stuff like vacancy, repairs, or market trends?
Trying to get better at spotting good deals before diving in. Appreciate any tips or lessons learned.