How to Analyze Rehab Projects
In this episode, Nick Baldo delves into the utilization of an analysis tool for property investment. He discusses customizing property details, projecting costs, estimating sales price, and analyzing rehab costs. Furthermore, he talks about financing, debt service, profit summaries, budgeting for rehab costs, and negotiating loan aspects. Finally, he introduces resources on Incomedigs.com and the Real Estate Accounting Boot Camp.
Key Points
- Nick Baldo shares a comprehensive tool for analyzing real estate rehab projects, which is freely available for download on incomedigs.com and can be personalized with your own branding.
- The tool provides detailed breakdowns for calculating after repair value using comparable sales, estimating rehab costs with varying levels of detail, and determining financing options including loans and equity arrangements.
- Nick emphasizes the importance of being conservative with ARV estimates, spending time on getting accurate rehab cost estimates, and negotiating loan details to ensure the profitability of a real estate flip.
https://www.youtube.com/playlist?list=PL89qBCL2vU2sH_RUyXu80vBY5hR8kLBMK Download the Rehab Analyzer here: https://www.incomedigs.com/rehab-property-analyzer
Enroll to Real Estate Accounting Bootcamp: http://bit.ly/reabcourse (Enter Code YOUTUBE50 for $50 off!) End to End Podio Training: https://www.incomedigs.com/pcc Check out our Podio Templates: https://bit.ly/3pE4DBt Download our guide: https://www.incomedigs.com/qbosetupguide
Check out this super thorough excel tool for analyzing rehab properties! Nail your next flip and impress your investors!
Chapters
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| 9:32 | |
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| 15:24 | |
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Transcript
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