Let's run the numbers on this real estate deal

     When you're looking at a house to flip, how do you know it's a good deal or not? Well today's video I'll show you how I break down the numbers on each house and further take you to the house so you see exactly what to look for when valuating your next real estate deal. Not only do we look at the subject house, but we must also look at the surrounding houses to see what condition they're in. There are certain items that must be included in order for me to be interested in buying the house.

     We'll go to my computer and run the comps together to see what the ARV (After Repaired Value) is, and go over my equation to determine what our MAO (Maximum Allowable Offer) should be. We'll estimate the repairs and go over the fixed hard costs to sell a house as well. Let's have some fun with this so it doesn't always seem like work. Oh, this is what a house looks like when a smoker lives there for years..