What I recommend is looking at it over a longer period of time like the previous year to evaluate it.

You should find a reliable rehab calculator and learn how to use it to evaluate the true profitability of your flip.

That experience will definitely come in handy when evaluating properties, estimating renovation costs, or managing projects.Feel free to reach out if you have any questions or need advice as you get started.

Evaluate your financial position and obligations.  

Hunter,Couple additional thoughts here but you will have to evaluate if the juice is worth the squeeze.

., 1960s-1990s).Evaluate potential maintenance issues and the adequacy of contingency budgets for older properties.

It sounds like you’ve got a great foundation with your business development and marketing background, those skills will definitely help when it comes to evaluating deals, negotiating, and even managing properties.

When you’re evaluating a potential deal, what are the key metrics or calculations you always focus on?

This is a rather interesting scenario I evaluated a few months ago.

I’d think with how active you are in the community and potentially business maybe you’d have the ability to critically evaluate there’s a true possibility you are being too critical on something you know nothing about.