EP 392: How to Analyze Deals like a PRO
Aug 14, 2023
In this episode, we are going learn how to analyze deals like a PRO with Jenna Hoover. Jeena is a multi-talented entrepreneur, investor, and speaker. She gained fame through her show "Renovation Road" on HGTV and DIY Network, where she showcased her rehabbing expertise. Jeena is also involved in national real estate infomercials and commercials. She collaborates with a marketing and software company to enhance their real estate investor-focused product. Her passion lies in historic preservation and community revitalization, expanding her rental portfolio business.
In this episode, Jenna shares her inspiring journey into real estate investing, from stumbling upon her first property to building a successful portfolio. She discusses the challenges of financing and the importance of networking, highlighting the power of sharing what you're looking for with others. Jenna's experiences in analyzing deals and rehabbing properties provide valuable insights into market rates, budgeting, and avoiding over-improvements.
Quotes
- “The biggest advice I would have for somebody is to establish a solid system for accurately evaluating property values. Utilize MLS access, leverage agent connections, or assemble a reliable team to help with proper property comparisons.” (16:09 – 16:20)
- “Rehabbing different properties is like learning how to ride a bike. Once you learn how to ride it, you're fine. But every project will have some bumps and bruises along the ride.” (29:45 – 30:05)
Connect with Jenna:
Instagram: Jeena Hoover
LinkedIn: Jenna Hoover
Website: Jenna Buys Houses
Resources Mentioned:
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