When buying single-family rentals, it is important to know what price to pay.

While you should always do a cash flow analysis to ensure the property will make money every month, it is also critical to know the market value of the house to ensure that you buy it at a discount.

One of the secrets to good investing is to buy things for less than they are worth. This is how you build wealth.

When I first started investing, I wasn’t sure how to get good prices, so I ended up paying the retail (market) price for my first few properties.

As I got more experience and knowledge, I started getting better at finding and negotiating houses such that I was able to start buying them below market (and appraisal) value.

Since I learned how to do this, I’ve saved more than $100,000 on my investment purchases.

Not only does this help me build wealth faster, but it gives me a margin of safety in case the property turns out to not be as good as I initially hoped.

Buying rental properties under market value is one of the critical steps to being a successful investor.

But how can you identify properties that are selling for less than they are worth?

The good news is that I just published my spreadsheet on Gumroad so that you too can do the analysis needed to know the max price you should pay for a property.

This Excel sheet called the “Real Estate Comp Calculator” will walk you through the steps of my investment process and do the calculations for you so that you too can buy investment property below market price and build more wealth faster.

This will allow you to save tens of thousands of dollars on your next real estate purchase.

Get your copy today for only $2:

Real Estate Comp Calculator

Best of luck and let me know how I can help!

Building Arks

After struggling to build wealth early in my career while following traditional financial advice, I set out on a path to learn about investing. Over a decade later, I’m financially secure and working towards full financial independence through real estate and the stock market. I have succeeded in building my financial ark to help me weather whatever storms may come.

I founded Building Arks to help busy professionals like you ignore mainstream advice and build real wealth.

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I have no affiliation with any sites listed, nor do I make money from any partners or recommendations in my articles (other than Medium). I am not a lawyer, accountant, or certified financial planner. All material is presented in good faith for informational purposes only based on my knowledge and experience. It is not intended to replace professional advice. You should always consult an expert before making any legal, tax, or financial decisions.

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