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Updated about 11 years ago on . Most recent reply

User Stats

82
Posts
10
Votes
Phil C.
  • Queens, NY
10
Votes |
82
Posts

Quite possibly the noobiest noob question of all time...

Phil C.
  • Queens, NY
Posted

So I just came back from previewing 8 properties for potential buy and hold/fix and flip.  I found that I was constantly trying to take good pictures, videos, jot down notes, and ask questions.  At the time everything is in my head, but I found that after a long day of previewing and trying to gather and collect my thoughts, that everything is a mess filled with bad photos angle, even worse videos of me running from room to room with the camera pointed to the ground or the realtor's butt, and illegible notes that seem meaningless afterwards, or even no notes bc it was all in my head at the time.. 

Does anyone have an efficient and effective system they use when previewing a property? 

I hope I look back at this question years from now when I have dozens of properties and laugh my *** off at how noobie this question sounds, but for now, I am a bit flustered at how things went today and want to do it better next time.

Most Popular Reply

User Stats

496
Posts
205
Votes
Doug McLeod
  • Investor
  • Cypress, TX
205
Votes |
496
Posts
Doug McLeod
  • Investor
  • Cypress, TX
Replied

Did you run numbers on those 8 houses first? I don't look at a property unless I've already run comps and figured the max rehab I can do while still getting my target minimum return (buy & hold). You can likely do eight deals at once, so why look at them all at once.

  • Doug McLeod
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