Zack Childress - Rei Success Academy -

The question the 24-Week Challenge poses is how do real estate investors build real wealth and freedom without access to millions of dollars in capital? Zack Childress is taking us through the steps to get to the answer. We’re almost at the end of the challenge. This is week 22, and you’ll be learning about analyzing real estate deals. We want you to make deals that make you money, and financial analysis is the tool for that. The main thing you want to know about every deal is the cash on cash return (COCR)… what yourmoney is earning for you. ARV, LTV, NOI, etc. We’re going to swim through the alphabet soup on this podcast. You must remember that real estate is a commodity and commodity values change constantly based on supply and demand. You can start a deal under an assumption that can change before you resell the property. That’s just a warning that you have to stay on top of every detail. Every deal you make should be improving your credit. If you need to have a job to get your credit stable, then get a j