Flip or Flop, Let's break down a real estate deal

Good Money Monday Kelly

Today's training is a real live deal where a lady contacted me from Texas and wanted to know whether her deal made sense, or better yet made money. Unfortunately she already bought the house and told me she went over budget on the reno, which always happens to me. Since I get tons of emails and questions about deals every day, I thought it would be a nice to touch to start a series where I simply show you the numbers also so you can get a feel of what good or bad deal looks like strictly based on the numbers. This new series is so cool because we get to look at houses without the emotion, which a lot of my coaching clients have when they look at houses. Oh by the way NEVER BUY ON EMOTION!!!! My goal is to show you how you can sometimes hit BIG in real estate, and sometimes you can get in BIG TROUBLE, you be the judge of this Texas deal!!! Would you do this deal?

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ps- Let me know if you need help with your deals or structuring or contracts!

Kris Haskins