How To Compare REI Deals

Not all real estate investment deals are created equal, and some are better than others. Good real estate investors can sniff out a good REI deal and know what to do to compare their options to get the best bang for their buck. There are a variety of ways to compare different REI deals and find the one that will be most profitable for you. You can discover some of the best ways to compare different properties below and check out other tips on CADMEN Properties to help make the REI process a little easier. 

The best way to compare 2 properties that you are considering for investment is by going off the dollars per square foot value of the home. For example, if you can make a purchase of a property for the price of $700 per square foot in an area that typically sells for closer to $900 per square foot, you have an opportunity for profit. You can use this same measurement method when purchasing pre-construction real estate, such as pre-built condos. Compare the market price in the area with your potential investment to determine if the pre-construction opportunity is overpriced. If you want to build a custom home, you can use the same measurement to see if it's cheaper to build your own custom home instead of buying what's on the market already

Some information was sourced from Money People Deal by Stefan Aarnio.

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