Ask Nick: When should I bend the 60% Rule?

Investing on July 25th, 2014 Comments Off on Ask Nick: When should I bend the 60% Rule?

The 60% of ARV Rule is probably the most basic rule in flipping.  It easily becomes nuanced once you get into the details.  Here’s a great question from the comments section in our YouTube channel. Hi Nick, As a wholesaler, this is some awesome content; however, why wouldn’t I use the standard 70% vs. the […]

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Ask Nick: “How to Make Adjustments for Comps”

Investing on November 21st, 2013 Comments Off on Ask Nick: “How to Make Adjustments for Comps”

Hi Nick, I went back to the Dealflow guide, watched the video on running comps and I have a quick question on how to make adjustments when running Comps.  So my questions are: 1. What should I take in consideration when doing adjustment? 2. What the formula to come with average amount to add or […]

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Oct 31st: “Sharpening Your Rehab Estimates” at South Shore REIA

Seminars on October 22nd, 2012 No Comments

REHABBERS… Make accurate offers with confidence! WHOLESALERS… Get your deals sold without having to go back to your sellers! PROPERTY OWNERS… Protect your cashflow! Whether you are a rehabber, wholesaler, or property owner, your repair estimate can make or break a deal.  Performing due diligence and finding accurate rehab costs are vital to your analysis process. Next Wednesday, […]

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The 2 Levels of Rehab Estimation – “Quick & Dirty” and the Detailed Estimate

Investing on October 5th, 2012 No Comments

“How do I know how much rehab this one is going to take?” New rehabbers and wholesalers are always asking this question.  They say, “I’ve already got my ARV.  Alas, if only I had this one number down, I’d be able to formulate my max offer…and could then submit it with confidence!” This was probably […]

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How to Estimate Rehab in Under 10 Minutes

Investing on October 4th, 2012 No Comments

I call this the “Quick & Dirty” Analysis It is done before you submit the offer.  If you’re one of those that submits offers FIRST and figures it out later (a dangerous strategy, at times), you’d do the quick analysis after there’s a counter or interest is shown in your offer by the seller. When […]

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How to do Detailed Rehab Estimate a Contractor Can Work With

Investing on October 4th, 2012 No Comments

In the last blog post, you learned how to conservatively do a Quick & Dirty Rehab Estimate in under 10 minutes. This gives you an idea of the rehab so you can put in an offer. Once your offer has been accepted, the next step is a detailed scope of work on the property. When done […]

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First Rehab Road Trip was a Hit!

Seminars on April 25th, 2012 No Comments

This past Saturday, we held AARE Mentor’s first Rehab Road Trip, and I am happy to report that it was a success! Unlike the Wholesaling for Profit workshops, where we were able to accommodate 25 people, this Road Trip was limited to only 10 students.   Highlights from the Road Trip The day started off with […]

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Sign Up for the Rehab Road Trip!

Seminars on April 9th, 2012 1 Comment

All-Day Intensive Workshop  8.5 HOURS of Pure Rehab Analysis…Prepare to get your hands dirty! Ever wish you could just walk into a property and know exactly the work needed? And more importantly, know instantly how much the rehab will cost? Whether you are a Rehabber, Wholesaler, or Property Owner, an accurate repair estimate can make or break […]

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The #1 Reason why Wholesale Deals are REJECTED!

Investing on April 6th, 2011 No Comments

Our office has, in any given week, about 9-15 properties that are submitted to us by wholesalers in MA, NH & Maine (And I’m thankful for each one!).  Most of our business comes from wholesalers, and non-MLS listed properties with real estate agents who understand the power of a performing cash buyer. Unfortunately, we see […]

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The LAST “Finding and Analyzing Deals” Seminar!

Seminars on June 2nd, 2010 Comments Off on The LAST “Finding and Analyzing Deals” Seminar!

Due to tremendous demand, Nick will be speaking on Wednesday June 9th at the Southern Maine REIA in South Portland, ME.

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