The Secret to Flipping Houses…is in the NUMBERS!
YES….You make money when you buy! To land a good deal or should say a TRUE DEAL, it requires for you to make many offers or a real good wholesaler or investor friendly realtor to feed you REAL DEALS! Now…although, every deal is different, your acquisition strategy is a key factor whether this is a deal for you or not. However, when you work your numbers right, irrespective of your acquisition strategy you’ll always have meat on the bone!
7 Rules of thumb…
- DON’T BUY on Emotions, Fall in love with the deal not the house or how beautiful you can rehab it.
- Get Tools to make you proficient in evaluating a deal in minutes. Time is MONEY!
- Numbers don’t lie…if the numbers say otherwise, think outside the box and MAYBE a creative acquisition—trust your Gut feeling.
- Build your team, contractor or individual trades, Realtor, Inspector, REI Attorney, Title company.
- Make sure you do your due diligence…pull your own comps, drive the area, look at the house if all possible.
- Get a written buying criteria to remind you of your goals and share it with wholesaler and realtors.
- Always plan more than one EXIT Strategy….even if you have a fortune
As simple as all this might sound to you or think it is common sense…you’ll be surprised how many “deals” I come across that evidently are not a deal for me….maybe for the seller and BANG! other “investors” buy them.
When you do your due diligence and get properly evaluated deals like the ones users of PAES Plus © get, you’ll always have meat on the bone. Whether you are a wholesaler, birddog, bargain hunter/ flipper or rehabber–flip it or lease it, you must use a property acquisition evaluation software and you’ll always factor expenses easy to forget or overlook.
If you are a real- real estate investor and not a speculator and only get properly evaluated deals like seasoned professional Bargain Hunters, Flippers/Rehabbers to flip it or lease it you’ll find your deal here. Flippinghousesapp.com is the place where wholesalers and flippers meet.
Related Article :- What Do You Need To Buy A House, Avoid Foreclosure Options, Cash Flow Analysis, How To Flip Houses With No Money, What Do You Need To Buy A House, Homes For Sale In, Homes Rent To Own, Real Estate Valuation Software
GET Your DEAL NOW!