Investing Strategies
My 5-Second Formula to Analyze Fix & Flips
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Hey guys, it’s Rob Swanson here. Fasten your seat belt because we’re gonna be speeding down the track in today’s lesson. We’re gearing things up a notch or two.
If you’re like most investors – and especially those who are new to the business – you’re probably spending too much time when it comes to analyzing a fix & flip deal. The bigger your business grows, the more leads you’ll have, and the faster you need to move through them. So let’s take a look at how you can speed things up when analyzing the deals that come your way.
As a real estate wholesaler, one of the things you want to do is get good at figuring out what your cash buyers will pay for a house. The math I'm going to walk you through here is a simple and quick way to get to that number.
After that, I'm going to show you a formula that speeds the whole thing up and allows you to do the calculations in about 5 seconds. (You read that right – 5 seconds!)
The Primary…
Rob Swanson
Rob Swanson is an entrepreneur, real estate investor, husband, father, and the owner of RealEstateMogul.com. With nearly 20+ years experience, as a real estate investor, Rob invests across the country and started his first real estate fund during the crash of 2008. He regularly coaches new and experienced real estate investors, and consults with mid to large capital funds and family offices who want to start, or continue investing in real estate by making strategic, intelligent, and data driven decisions as the market shifts. He is the author of the book CASH IN: What To Do Before, During, & After The Next Housing Market Crash, where he lays out a proven step-by-step plan to thrive, not struggle to survive. The owner of FreedomSoft, the leading real estate investor software CRM for lead generation and automation. Rob has created a technology company and platform used by real estate investors across the country.
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