Free Software Finds Deals For You In Seconds
- Instantly generates a list of discounted houses in any zip code in the U.S. (simple enter a zip code and the Data Cruncher will generate a list of under priced houses in seconds!)
- Shows you exactly HOW under-priced each listing is... the bigger this percentage, the more motivated the seller (and the more potential profit!)
- Finds potential deals for you... deals that you can wholesale or flip for profit!
Featured Stories
Becoming an expert at analyzing comps (determining ARV) is the key to being a successful fix and flip investor. Whenever I break into a new area that I want to do deals in, I need to first understand the city or town (local market).
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ARV is the process of reviewing the most relevant sold, pending, and active comps to determine the best price that the home will sell for after repairs are made. I am amazed (blown away) at how many investors do not learn how to analyze comps and determine ARV. For many novice investors, the extent of determining ARV is limited to calling an agent and asking her opinion (as if they know or care). Listen, this is very important – no one has as much of a vested interest in your success as you do and the better you get at determining ARV, the better you will be at buying right, selling right and making more money. The goal with ARV is to make it more of a science and less of an art. This is one aspect of the business that must never be outsourced.
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When deciding on doing a fix and flip deal and considering the exit strategy, you must understand what type of buyer you’re planning on marketing to. Remember, you are not living in the property, a buyer is, and the better you understand the ideal buyer who is going to buy your home, the more successful you will be. There are two primary types of buyers.
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We've all heard the phrase "you make your money when you buy?" What exactly does that mean? You don’t actually make any money until you sell the property and you get your check for the net proceeds.
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There are really four things to make an offer strong and the stronger the offer, the better the deal. So here are the four things.
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