Real estate investors need to nail three numbers to evaluate a flip: After Repair Value, repair costs, and deal structure. Get ARV wrong and your whole financial model breaks. Newcomers especially struggle with realistic repair budgeting.
So what makes a deal a deal? 3 numbers that you guys need to know. ARV. If you cannot get an accurate ARV or somewhat an accurate ARV, you're in trouble, right? Because you're going to send this deal out and it's not— your numbers are just going to be already off. Okay. I know we've all felt that pain of being like, dude, it's kind of hard to know what this property's worth. ARV stands for after repair value, what the property is worth when fixed up. Repair costs are very important. Okay. The problem is none of us really have— if you're new, you haven't really rehabbed anything, so you don't really know. So you're just guessing, right? The amount needed to get, get it to ARV. So you need to know how much repairs are needed. Okay. And the different options, like the different deal structuring
Why Traditional Wholesaling Keeps Failing You (Use This Pre-Flip Method Instead)
