Your Financial Pharmacist

YFP Real Estate Investing 50: Deep Dive Into Spreadsheet Analysis

Broadcast on:: 26 Mar 2022

Nate Hedrick and David Bright do a deep dive into real estate investing spreadsheet analysis, covering how to analyze a property with different angles, strategies, and methods.

Key Points From This Episode

The advantages of a simple starting point when investing.
Highlights of the current success of the ‘None to one’ course.
The focus of today’s episode: financial planning for real estate investing.
Nate tells us about an interesting investment in the Cleveland area.
What the 1% rule is and why to consider it when investing in property.
The common misconception regarding the rental and mortgage of a property.
How to calculate your mortgage based on the principle and the interest.
The incorporation of property taxes and insurance into your expenses.
What Nate regards as negotiable expenses.
Property management rates as an expense and what they are based on.
Why it is important to account for vacancy as an expense.
What repairs and capital expenditures are.
Examples of unexpected fees in the property sector.
How to manage cashflow and why it is important to have reserves.
Some of the upfront costs to factor in when buying a property.
Cash on cash return and how to calculate it.
Aspects to consider when making an investment.

Links Mentioned in Today’s Episode