Single-family homes are one of the most popular types of real estate deals that investors and buyers have been investing in for years. But, with all the new and revolutionary changes in this industry, there are many things to think about before purchasing a single-family investment property. This 6th episode in the series outlines Tiye's "PIRAM Method" of identifying and analyzing single-family residential deals. It is a technique used to identify the key factors that should be considered when evaluating a potential real estate deal or no deal. 

Join the conversation with your host and real estate Investor Queen, Tiye El' Asar, as she shares how you can become an expert analyzer of single-family residential deals using the PIRAM Method. Be a smart, intellectual rockstar and close deals that are solid, real deals with value to create the lifestyle you will live and love by learning secrets in this episode for your real estate investing success! 

Tune in!

During this episode, you will learn about;

[00:01] Introduction to the show

[01:06] How my 11-year-old daughter made me proud with knowing more than her school teacher about Real Estate expenses and the moral of the story

[03:50] Today’s topic; How to become an expert analyzer of single-family residential deals

[06:33] P is for Preparation

[06:57] Review the property records to find the owner's name

[07:01] Use multiple methods to contact homeowners

[07:11] Social Media Research For Building Rapport With Sellers 

[07:50] The (3) important numbers you should be aware of when analyzing a deal

[08:37] Gathering Information about the property, such as property taxes

[12:24] Estimate the Repairs needed to renovate the entire property, despite your intended exit strategy

[14:46] Analyse deals like a pro until you find the 1 out of 100 that have numbers that look profitable for you 

[16:08] Making an offer on the property

[16:26] A quick recap of what we talked about

[17:14] Episode wrap up and call to action 

Notable Quotes

"A wrong decision in real estate will lead you to an early financial grave" 

"Numbers are everything to investors"

"The best deals you do are the deals you walk away from" 

"Walk away from a real estate deal that is not giving you at least a 10% ROI" 

Thank you for listening!

Connect With Tiye Here:

Facebook: https://www.facebook.com/TiyeElAsar/ 

Instagram: https://instagram.com/Tiyeelasar 

Twitter: https://twitter.com/TiyeEl 

LinkedIn: https://www.linkedin.com/in/tynique-tillery 

TikTok: @TiyeEl 

Investor Queen website: https://www.investorqueen.com 

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