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

Analyze deals in MINUTES with a BiggerPockets Pro membership. Use code “PROANALYSIS” for 20% off + get Dave’s new book for FREE: https://www.biggerpockets.com/membership-types?utm_source=owned_media

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.

Sign up for BiggerPockets Pro and use code "PROANALYSIS "for 20% off: https://www.biggerpockets.com/membership-types?utm_source=owned_media

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Tools Used in This Video
BiggerPockets Rent Estimator: https://www.biggerpockets.com/insights/property-searches/new?utm_source=owned_media
BiggerPockets Rental Property Calculator: https://www.biggerpockets.com/rental-property-calculator?utm_source=owned_media
FREE Housing Market Analysis Tool: https://www.biggerpockets.com/resources?utm_source=youtube&utm_medium=description&utm_campaign=none
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Watch Dave on the "On The Market" YouTube Channel:
https://www.youtube.com/channel/UCxDXuLvtjJ9Est8PrG3i2VA
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Data Used in This Video:
FRED: https://fred.stlouisfed.org/
Redfin: https://www.redfin.com/news/data-center/
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FRED® Graphs Federal Reserve Bank of St. Louis. 2022. All rights reserved. All FRED® Graphs appear courtesy of Federal Reserve Bank of St. Louis. https://fred.stlouisfed.org/

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