Learn Repair Costs on Fix & Flips!
Have you ever been interested in buying distressed properties but were uncomfortable estimating the repair costs? Join us for 2 long days of hands-on training on February 26-27, 2010 where we will be taking a very limited number of investors through several properties estimating the cost of repairs, pointing out the hidden details and discussing the “level” of repair required in each case. You will come away with the knowledge and expertise to estimate the repair costs within a reasonable proximity in about 20 minutes or less, allowing you to make your buying decisions quickly!
- Do you want to invest in a Fix & Flip but are afraid to take that first step because you don’t fully understand the rehab budget when placing your bids?
- Have you ever lost a deal because you were waiting on your contractor to get back with a bid?
- Are you wasting everyone’s time sending contractors to properties that you do not even have under contract?
- Have you ever lost money on a deal because the Realtor, wholesaler or contractor estimated the rehab cost way too low?
Most successful investors are much better at finding deals than pounding nails! Contrary to what you may think, you don’t have to be ‘Bob the Builder’ to successfully estimate and manage a rehab project. However, it is impossible to know the true value of a deal without knowing what it will cost to repair and update.
QUICKLY and ACCURATELY understanding the cost of rehab is crucial in a market where most deals are under contract within days if not hours!
The shortest time frame for getting a property under contract is crucial to your success. Speed wins in this game! Successful investors are placing their bids from the front lawn of the property…are you??
The #1 reason investment projects go bad is because the investor did not understand the cost of rehab!
We would like to invite you to learn from our years of experience (and failures) how to accurately estimate the cost of rehab and be in a position to submit an offer before most investors even get in their car!
The knowledge and techniques that Andy Bacon will be sharing over the 2-day training session are based on 20 years of experience as a Project Manager within the field of engineering and construction, with a good portion of those years being dedicated to overseas projects.
Andy Bacon with his past students
Inspecting Properties
Figuring Out Rehab Costs