Escaping Spreadsheet Prison When Investing in Real Estate

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!

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Join BiggerPockets for FREE:

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Connect with Jonathan on

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Follow Jonathan on Instagram and Youtube:

Instagram: @trustgreene or

Youtube:

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Work with Jonathan’s

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Grab David’s Book “SOLD” and Pre-Order “SKILL”:

SOLD:

SKILL:

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Listen to Johnny Hoang’s Episode The BiggerPockets

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Connect with Rob (Roubilt) on Youtube, Instagram, and Tiktok:

Youtube:

Instagram:

TikTok:

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Connect with David and Rob on BiggerPockets:

David:

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Follow David on Instagram:

@davidgreene24 or

Episode 584

Show notes at:

00:00 Intro

03:16 Quick Tip

03:56 A 30-Year Investing Veteran

07:38 Going Beyond the Spreadsheets

14:09 How to "Feel" A House When Investing Out-of-State

17:19 Jonathan's Portfolio

21:24 Finding the Factors that Make a Deal

25:29 5 Steps to Finding Mentors, Advice, and Deals

42:36 Deal Deep Dive

52:47 Fire Round

56:35 Famous Four

Recommended Reading >> bit.ly/32kRpzw

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