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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