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Updated over 6 years ago on . Most recent reply

User Stats

3
Posts
1
Votes
Cliff Perard
  • Flipper/Rehabber
  • Orlando, FL
1
Votes |
3
Posts

Rookie Mistakes. First visit to a property.

Cliff Perard
  • Flipper/Rehabber
  • Orlando, FL
Posted

I had an opportunity to assist my partner in a property visit with a potential buyer. This property is already on contract but I managed to work a deal where I can funnel buyers to certain contracts and get paid on the back end.

Long story short my comps were all off and I underestimated the rehab expense. Any tips on good resources for calculating comps and rehab expenses?

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