To properly evaluate financial expectations of an investment property, you first need to understand the fundamentals of value analysis. There are several methods to consider – and they all depend on the availability of quality information.
The goal of the competitive analysis is to better position your asset to leverage your competitive edge. As an investor, you will need to complete a competitive analysis regularly to make wise financial decisions and maximize returns. How is your property different from others? In what way does it stand out?
Upon completing this course, you will be armed with the knowledge and skills needed to distinguish the differences between competitors, lender underwriting, agent evaluation, and actual performance of investment opportunities so you can make sound financial decisions.
What is a Comparable?
- 2 Major Forms of Competitive Analysis
- 5 Important Considerations of Competitive Analysis
- What Makes a Comparable – Comparable?
Rent and Sale Comparables
- Most Important Reasons for Completing a Rent Comparable
- 6 Tips That Will Make Your Next Rent Comparable a Breeze
- Easy Questions to Ask Yourself When Completing a Rent Comparable
- How to Get the Information You Need
- SWOT Analysis
- How to Put Together and Interpret the Information
- How 3 Easy Steps Save You Big Money When Analyzing Sales Comparables
- Categorizing 5 Key Value Indicators
Multifamily Property Analysis
- How to Calculate Net Operating Income
- 4 Steps to Analyzing Income
- Why Most Investors Will Pay to Much for Their Next Property
- How 3 Different Types of Expenses Will Save You Money
- What is a Cap Rate and How is it Calculated?
- 3 Major Considerations to Keep in Mind When Calculating the Cap Rate
- Step-by-Step Instructions to Properly Analyze an Apartment Building
Calculating the Loan
- How to Add Loads of Money in Your Pocket by Understanding the Loan
- Understand Loan-to-Value and Debt Service Coverage Ratio
Calculating Returns
- Cash on Cash Return
- Return on Equity
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