By Jim Ingersoll
Congrats!
Your lead generation has paid off big time with phone calls from motivated sellers.
Now you need to visit the seller face to face and belly to belly,build rapport,
tour the home, determine the repairs needed and calculate your max offer…
First, let me give you a done for you solution. A good friend of mine, Daniil Kleyman
created rehabvaluator with the rehabber, wholesaler and flipper in mind!
Here is the link to his great software package for you to try a free version right now:
Now, that I gave you the done for you solution, along with a TON of other features for rehabbers and wholesalers, I will show you how
to calculate your max offer…
Max offer = ARV * .7 – Repairs – Wholesaling Fee (if wholesaling)
ARV – After Repair Value = $100,000
Repairs estimate: $10,000
Wholesaling or assignment profit: $5,000
Calculate max offer:
$100,000 x .7 = $70,000
Then subtract out the repairs and the wholesaling or assignment profit as follows:
$70,000 – $10,000 – $5,000
Max offer is: $55,000
Not hard right?
BUT if you do a lot of these, I highly recommend you use RehabValuator. It can also create flyers, do all
the analysis you could ever imagine! Here is the link again for you, download the FREE version now.
Here is the link to his great software package for you to try a free version right now:
Now, get some great leads and make some offers to buy houses at the best prices of our generation!
