Lifeonaire Connect Nashville REIA

[Tim Davis]

How Much Profit Should You be Making on a Fix-and-Flip
​and How to Quickly Eliminate Properties That Don’t Meet Your Criteria.
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“How much profit should I expect to make on a flip?” I get asked this question or one like it quite often. While the answer depends on your level of comfort, experience, and the difficulty of the job, there is a quick and easy way to figure it out.
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The secret to getting great deals is not only making lots of offers but eliminating properties quickly that don’t fit your criteria.
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In order to make lots of offers you need to evaluate lots of deals. That can take up a lot of your time if you don’t know how to do it quickly. At this meeting I will show you how I use simple formulas to rapidly eliminate properties that aren’t worth pursuing. This quick and easy system will save you hundreds of hours per year, valuable time that you could use pursing profitable deals rather than countless hours researching properties only to come to the conclusion that they aren’t worth pursuing after all.
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Come for the networking as well as the education. Most of my deals are done with or through folks I've met at networking events.
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Bring your deals to share with the group. If you don't have a deal let the group know what you're looking for.