Learn how to analyze a rental property you're buying at a discount using The World's Greatest Real Estate Deal Analysis Spreadsheet™.
How to Analyze Buying a Rental Property at a Discount in Sioux Falls
Some real estate investors insist on only buying properties where they can purchase them at a significant discount. While not mutually exclusive, other investors insist on buying quality properties at a fair price as long as it gets them their desired returns and will stand the test of time.
Buffett began as a deep value investor and eventually shifted his focus towards investing in high-quality companies. “It's far better to buy a wonderful company at a fair price than a fair company at a wonderful price,” Buffett confidently stated that his investing has evolved significantly.
But, in today's mini-class, let's look at how to analyze buying a fair property at a wonderful price... in other words... analyzing a property using The World's Greatest Real Estate Deal Analysis Spreadsheet™ that you bought at a deep discount and required some money to capture some sweat-equity, but that you're planning to keep as a long-term rental.
Or, check out the deal analysis example for Sioux Falls, South Dakota:
Deal Analysis for Sioux Falls Buying at a Discount
Learn all about investing in real estate in Sioux Falls, South Dakota with a combination of real estate financial planning and modeling with numbers specific to Sioux Falls plus syndicated, more generalized recordings of live and pre-recorded real estate investing classes (not all specific to Sioux Falls).