If you’re new to investing in real estate, you may not have run your first real estate analysis yet. But as soon as you start looking at properties, you’ll become a spreadsheet wizard in no time! With so many investors counting on automatic analysis from modern, hyper-specific real estate calculators, old-school investors beg the question “do these calculators really make a difference in the deal?”
Today, expert investor, home flipper, wholetailer, and almost every other real estate title in the book, Jonathan Greene, joins us to talk about what new investors are missing out on. While many investors run spreadsheets and analyses before seeing a deal, Jonathan does it the other way around. Jonathan will drive to a property, walk the property, and then after taking a look at some specific parts of the property, will run a deal analysis. He walks through the system that not only makes this efficient but worthwhile.
If you've been around the BiggerPockets Forums for some time, you’ve probably recognized Jonathan’s name (or face). He’s an active contributor, responding to forum posts almost every day and chatting with new investors every chance he gets. Jonathan has found deals, mentors, partners, and great friends thanks to online forums, like BiggerPockets. If you’re looking to get the most out of your virtual networking, Jonathan shares his five tips on extracting huge value from the collective minds of over two million real estate investors!
In This Episode We Cover:
Going beyond the spreadsheets and analyzing real estate internally (before using a calculator)
How to get the “feel” of a house when investing out-of-state
The crucial parts of a house Jonathan looks at during his first walkthrough
The five steps to being successful in an online community (or in real life too!)
Choosing your perfect out-of-state market using two simple data points
Flipping poorly designed homes into massively profitable masterpieces
And So Much More!
Links from the Show:
BiggerPockets Forums
BiggerPockets Podcast 315: How to Read Human Nature to Succeed in Life with Bestselling Author Robert Greene
BiggerPockets Podcast 583: Building Your “Passive Income Blueprint” Using the Right Real Estate Agent w/ Johnny Hoang
Redfin
Airbnb
Vrbo (formerly called HomeAway)
Facebook
Dave Meyer's Instagram
Dave Meyer's BiggerPockets Profile
David's BiggerPockets Profile
David's Instagram
David’s Youtube Channel
Rob's Instagram
Rob's YouTube Channel
Rob’s Tiktok
Connect with Jonathan:
Jonathan’s Instagram
Jonathan’s TikTok
Jonathan’s YouTube Channel
Jonathan’s Business Website: Streamlined Properties
Zen and the Art of Real Estate Investing
Check the full show notes here: https://www.biggerpockets.com/blog/real-estate-584
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