Joe Homs 949-625-4533Real Estate Broker, Pellego · Real Estate Broker at Pellego

Maximize profits with Pellego for deals

14 May 2024 · 1 min

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This content was created by Joe Homs 949-625-4533. This content was uploaded by Joe Homs 949-625-4533. This is a YouTube video titled "Maximize profits with Pellego for deals" (created 2024-05-14) containing a multi-speaker discussion or webinar about using Pellego to analyze real estate flip deals. Joe Homs (949-625-4533) is speaking, advising users to enter property addresses into Pellego, walk through the numbers, and showing how financing (a purchase loan / hard money costs) reduced a projected flip profit from about $110,000 to $91,000; he addresses other participants during the session.

Chapters

I would encourage you to use it if you're getting deals from wholesalers. Just put the address in Peligo and go through the numbers like this. Now, if I had to finance this property, then I would put a purchase loan and then it would just bring down— see, my flip profit went from— was $110,000 down to $91,000. So, Almost $20,000 in hard money costs. Joe? If you're— I'll get to you in a second.