Deal #124: Town Sewer Connection on a Busy Road is More Than We Bargained For

Investing on May 8th, 2014 No Comments

One of our current rehab projects required us to connect to the town sewer.  One small issue–okay there were a few issues. First off, this house is on a main road and the only side streets near the house are dead-ends. This means while the guys are digging up the street, they have to maneuver […]

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Check Your Bias: Choosing Rehab Finishes to Attract the Most Buyers

Investing on March 6th, 2014 No Comments

Buyers unfortunately don’t care much about all that money you spent on LVL beams, insulation, and heating systems. They consider having a sound structure and working systems as a given. Until the buyer home inspection, all that stuff is out of sight, out of mind. People make offers when they have an emotional response to […]

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Nick Speaking at NEREIA “Dealflow: Staying Legit and Sourcing Your Own Leads

Seminars on November 6th, 2013 Comments Off on Nick Speaking at NEREIA “Dealflow: Staying Legit and Sourcing Your Own Leads

 Think all the deals are on MLS? Think Again! By the time you see a property on the market, chances are it’s been picked over by investors behind the scenes. If a deal is good—it’s gone!  All successful real estate investors have one thing in common: Consistent Dealflow Don’t spend all your energy getting that […]

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Calling in a Pro to Kick it up a Notch

Investing on May 8th, 2013 No Comments

Not Your Average Rehab Our recent acquisition is up in North Hampton, NH – 4,000 sqft overlooking 13 acres and ocean views.  Being a coveted coastal town in New Hampshire, this house is surrounded by million dollar listings.   As you know, with that higher AVR comes increased expectations and even different design preferences.   […]

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AARE’s Rockin’ Rehab Road Trip Highlights

Seminars on December 11th, 2012 No Comments

Last month, we held our second Rehab Road Trip where Nick takes a very small group around to three different potential projects to perform rehab analysis.  The goal of this hands-on workshop is by the end of the day Along with finding the ARV, being able to properly estimate a rehab budget is vital to every […]

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Time Management #4: Ask, How Can I Raise my Dollar per Hour?

Business on November 1st, 2012 No Comments

In the end, it really boils down to this question. I didn’t set out for real estate to make me a millionaire – I set out to do it to give me the freedom and pay for what I loved the most – traveling and experience new cultures. Some will say that delegation reduces efficiency, […]

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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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