How to Find, Analyze, and Finance a Rental Property | Biggerockets
1. BiggerPockets Presents
How to Find, Analyze,
and Finance an Incredible
Rental Property Deal!
Presented by Brandon Turner
Real Estate Investor
VP, Marketing at BiggerPockets
Free PDF Guide: http://www.BiggerPockets.com/workbook
5. About BiggerPockets
❖ Real Estate Investing Social
Network, Marketplace, and
Information Hub.
6. About BiggerPockets
❖ Real Estate Investing Social
Network, Marketplace, and
Information Hub.
- Real Estate Social Network
- Forums
- Marketplace
- Podcast
- Blog
- Member Blogs
- Ultimate Beginner’s Guide
- Property Analysis Software
- and a LOT more.
7. About Brandon (me)
❖ Real Estate Investor
❖ VP, Growth at BiggerPockets
❖ Cohost of the BiggerPockets
Podcast
❖ Musician
❖ Blogger
❖ Math Nerd
❖ Cat and Dog Lover
10. Today We’re Going To Cover…
Rental Properties:
❖How to Find
(even in a hot market)
11. Today We’re Going To Cover…
Rental Properties:
❖How to Find
(even in a hot market)
❖How to Analyze
(so you don’t buy terrible deals!)
12. Today We’re Going To Cover…
Rental Properties:
❖How to Find
(even in a hot market)
❖How to Analyze
(so you don’t buy terrible deals!)
❖How to Finance
(Even if you have no money!)
15. 10 Ways to Find Great Rental Property Deals
❖ The MLS
16. 10 Ways to Find Great Rental Property Deals
❖ The MLS
❖ FSBO
17. 10 Ways to Find Great Rental Property Deals
❖ The MLS
❖ FSBO
❖ Direct Mail
18. 10 Ways to Find Great Rental Property Deals
❖ The MLS
❖ FSBO
❖ Direct Mail
❖ Craigslist (2 ways)
19. 10 Ways to Find Great Rental Property Deals
❖ The MLS
❖ FSBO
❖ Direct Mail
❖ Craigslist (2 ways)
❖ Driving for Dollars
20. 10 Ways to Find Great Rental Property Deals
❖ The MLS
❖ FSBO
❖ Direct Mail
❖ Craigslist (2 ways)
❖ Driving for Dollars
❖ The BiggerPockets
Marketplace
!
21. 10 Ways to Find Great Rental Property Deals
❖ The MLS
❖ FSBO
❖ Direct Mail
❖ Craigslist (2 ways)
❖ Driving for Dollars
❖ The BiggerPockets
Marketplace
❖ Eviction Records
!
22. 10 Ways to Find Great Rental Property Deals
❖ The MLS
❖ FSBO
❖ Direct Mail
❖ Craigslist (2 ways)
❖ Driving for Dollars
❖ The BiggerPockets
Marketplace
❖ Eviction Records
❖ Loopnet/CoStar
!
23. 10 Ways to Find Great Rental Property Deals
❖ The MLS
❖ FSBO
❖ Direct Mail
❖ Craigslist (2 ways)
❖ Driving for Dollars
❖ The BiggerPockets
Marketplace
❖ Eviction Records
❖ Loopnet/CoStar
❖ Online Advertising
24. 10 Ways to Find Great Rental Property Deals
❖ The MLS
❖ FSBO
❖ Direct Mail
❖ Craigslist (2 ways)
❖ Driving for Dollars
❖ The BiggerPockets
Marketplace
❖ Eviction Records
❖ Loopnet/CoStar
❖ Online Advertising
❖ Wholesalers
40. 10. Relying heavily on the 50% Rule or 2% Rule
9. Underestimate repair costs to get it rent ready
41. 10. Relying heavily on the 50% Rule or 2% Rule
9. Underestimate repair costs to get it rent ready
8. Forget closing costs
42. 10. Relying heavily on the 50% Rule or 2% Rule
9. Underestimate repair costs to get it rent ready
8. Forget closing costs
7. Overestimating ARV and rental income
43. 10. Relying heavily on the 50% Rule or 2% Rule
9. Underestimate repair costs to get it rent ready
8. Forget closing costs
7. Overestimating ARV and rental income
6. Counting on appreciation
44. 10. Relying heavily on the 50% Rule or 2% Rule
9. Underestimate repair costs to get it rent ready
8. Forget closing costs
7. Overestimating ARV and rental income
6. Counting on appreciation
5. Relying on the “Pro Forma” from the Broker
45. 10. Relying heavily on the 50% Rule or 2% Rule
9. Underestimate repair costs to get it rent ready
8. Forget closing costs
7. Overestimating ARV and rental income
6. Counting on appreciation
5. Relying on the “Pro Forma” from the Broker
4. Not planning for property management
46. 10. Relying heavily on the 50% Rule or 2% Rule
9. Underestimate repair costs to get it rent ready
8. Forget closing costs
7. Overestimating ARV and rental income
6. Counting on appreciation
5. Relying on the “Pro Forma” from the Broker
4. Not planning for property management
3. Forget to include Vacancy costs
47. 10. Relying heavily on the 50% Rule or 2% Rule
9. Underestimate repair costs to get it rent ready
8. Forget closing costs
7. Overestimating ARV and rental income
6. Counting on appreciation
5. Relying on the “Pro Forma” from the Broker
4. Not planning for property management
3. Forget to include Vacancy costs
2. Not accounting for CapEx
48. 10. Relying heavily on the 50% Rule or 2% Rule
9. Underestimate repair costs to get it rent ready
8. Forget closing costs
7. Overestimating ARV and rental income
6. Counting on appreciation
5. Relying on the “Pro Forma” from the Broker
4. Not planning for property management
3. Forget to include Vacancy costs
2. Not accounting for CapEx
1. Not Doing an Analysis
51. BiggerPockets Pro
Unlimited use of the
Rental Property
Calculator, House
Flipping Calculator,
and soon-to-be
Wholesaling
Calculator -
Including that
ability to print PDF
reports
60. Why BiggerPockets Pro?
You are worried about buying a bad deal
You need lenders, partners, or properties
61. Why BiggerPockets Pro?
You are worried about buying a bad deal
You need lenders, partners, or properties
You need to connect with investors who can help you
62. Why BiggerPockets Pro?
You are worried about buying a bad deal
You need lenders, partners, or properties
You need to connect with investors who can help you
You are looking to get noticed by the community
63. Why BiggerPockets Pro?
You are worried about buying a bad deal
You need lenders, partners, or properties
You need to connect with investors who can help you
You are looking to get noticed by the community
You want to support BiggerPockets
66. Exclusive Webinar Discount
Sign Up Today
to Get the 2012
BiggerPockets Summit Audio -
25 Hours of Real Estate
Investing Training - For Free
With Your Pro Membership!
!
!
❖ BiggerPockets.com/pro
87. Exclusive Webinar Discount
Sign Up Today
to Get the 2012
BiggerPockets Summit Audio -
25 Hours of Real Estate
Investing Training - For Free
With Your Pro Membership!
!
!
❖ BiggerPockets.com/pro