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Updated almost 8 years ago on . Most recent reply

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Carmen Rojas
  • North Hollywood, CA
1
Votes |
10
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Im a new Real Estate with a buyers list

Carmen Rojas
  • North Hollywood, CA
Posted

Hi, im a new real estate agent working with a broker who buys and flips and wants me to be an extension of her but never has the time to show me how to do the numbers. So I feel unclear. 

She forwarded me buyers so i can start my own buyers list, so i have that, i have access to the MLS, i can start an automated search sent to me so i can then analyze them and try to get them under contract so i can pitch them, but heres is my dilemma, how do i pitch a deal i cant seem to understand if its a good deal to pitch or not? how do i analyze a deal. how do i know what numbers to enter in the bigger poket calculator, what would it cost to rehab, how do i know that.

I have investors ready to buy, i go on zillow to try and find off market deals, but again how do i know if its a good deal or not. 

So so confused and unclear,  any help i would appreciate ;-(

Thanks

Carmen R

Most Popular Reply

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593
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298
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Nabil Suleiman
  • Real Estate Agent
  • Los Angeles, CA
298
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593
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Nabil Suleiman
  • Real Estate Agent
  • Los Angeles, CA
Replied

@Carmen Rojas

Hi Carmen

If you want I would be happy to go through some examples with you so you can better understand how to run numbers. 

Im in Pasadena myself so we aren't far. We can do it over the phone or over coffee. The more you do it the easier it will become.

On a side note, if its on Zillow or on the MLS it is not off market. I can explain how you can come across those kind of deals as well. (networkings, wholesalers etc)

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