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Comping & Estimating Repairs with Mike Del Prete
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Comping & Estimating Repairs with Mike Del Prete

Launchpad Core Skills Class

2/19/2020
When: Wednesday, February 19, 2020
6:00 PM
Where: 24th Street Conference Center
1841 N 24th St Suite 10
Phoenix, Arizona  85008
United States
Contact: Member Services
480-990-7092


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AZREIA Core Skills Session:

Comping & Estimating Repairs with Mike Del Prete


 

With so many bad deals and unreliable information floating around, you can easily get stuck with someone else's hot potato. Understanding this process allows investors to work backwards and determine their offer, renovation budgets, profits, sales price and moreā€¦

After this class, you'll have the knowledge and confidence to write offers on every property you come across and tell the difference between a stud or a dud. We'll be evaluating properties in today's market. In this class you'll learn:


Comping:

  • How to determine the ARV (after repair value)
  • How to gather accurate information
  • What is the 70% rule and should you use it?
  • How to comp a property without MLS

Repairs:

  • Understand the 3 different types of renovations
  • Break down rehab costs for each type
  • Best formulas and resources to use to calculate rehab budget

 


 

Be sure to check out the other Core Skills Sessions:

Marketing Money Machine with Maria Giordano

Negotiations with Maria Giordano

Creative Real Estate Investing with Mike Del Prete

Raising Private Money with Mike Del Prete