Practicing analyzing for flip deals in Baltimore

[Angela DeBorja]

Hi all,

One thing I need to start being consistent with is analzying 3 deals a day. Our goal is to do our first flip. What is an easy systematic way to find potential deals and then run them through the BP Flip calculator? I am getting overwhelmed with all the ways to find properties with so many websites. We have not started any marketing for deals. I was just on homepath today, and it seemed pretty simple to search zip codes I'm interested in. Then I clicked on the properties in my price range, and then I send those off to a realtor to do a CMA to find a reasonable ARV for the properties. Then I could go to the BP Flip Calculator, and do my best with estimating repairs from the pictures based on what reading I have done. If the difference between the all in rehab cost and ARV is significant or in my target range for profit, accounting for surprises, commissions, carrying costs, etc., then I know it's a deal, right?