Tucson New Investors: How to Analyze Fix & Flip Deals

[Patrick Allen]

Hello & Happy Summer to all of your local investors here in Tucson, AZ. Although the market might be peaking for the year as it relates to normal seasonality, the AZREIA organization takes the month of July off of our usual subgroup meetups as many of our members take well-earned vacations and flee from the summer temps.

As such, make sure you mark the first Monday in August on your calendars as the next meetup of the Tucson chapter of the AZREIA New Investor Subgroup meetup. 

Topic #1 for our August meetup will be will be "How to Analyze Deals on Fix & Flip Properties," where we will discuss common strategies and considerations when analyzing value-add deals. From the most basic framework like "the 70% Rule" and the "Three Levels of Rehab," all the way down to recommendations and resources for scaling your portfolio over dozens of flips.

After analyzing a few deals as a group, Topic #2 will feature a guest speaker: my good friend Chad Casper with Pillar to Post Home Inspectors will be on hand once again to talk through what *not* to do when rehabbing a property. Drawing upon his day-to-day experiences as a local general property inspector, Chad will share the biggest red flags that blow up the budgets of the less experienced rehabbers... happening right here in Tucson!

As usual, we will be meeting up at the Keller Williams building in Midtown Tucson, near River & Campbell. There will also be a live-stream version via Zoom for those who would rather attend virtually.

Stay safe for those of you traveling and we will see you all in August!