Unless you know how to accurately estimate repair costs, you can’t make smart offers. And when you know how to do it FAST, you’ll save valuable time, make more offers, and get more deals.
If you're going to make SOUND OFFERS, you need to MASTER Estimating Repair Costs.
The accuracy of your equations, the profit in your deals, and the cost benefit of taking on a project all hinge on your ability to Estimate Repairs Quickly and Accurately.
At this training we will learn:
The process is simple, once you understand how to break it down into what you need to look at and what you don't need to spend much time inspecting.
At this training we will learn what are:
• Major Components
• Minor or Miscellaneous Components
• How to assign values to each category
• And the individual items within the categories
We will walk you step by step through this process of looking at an making an initial repair estimate on a potential deal, and show you how to do this in 15-20 minutes so you can quickly calculate your MAO (Maximum Allowable Offer) for cash deals.
Flipping First Monday - Alamo REIA members and investor guests, (new and experienced), meet up to discuss and network the active world of "flipping".
From locating, to construction, materials, lenders and time frames, finance and IRAs, wholesaling, sellers and buyers, marketing and more - there's quite a lot to learn and to share. Join us!