The free tool that may save you $$$ in under an hour

[Kuba F.]

Hi Everyone,

My name is Kuba and I'm the founder of REIkit.com, a house flipping software company in Los Angeles. I'm excited to be a part of Biggerpockets and wanted to let the community know about a free tool that I built out, called the Comps Adjustment Tool, that anyone can use.

If you've ever found yourself in a situation where you were looking for comps as part of your ARV calculations, but everything that was coming back was just not the same as your subject property, you need this tool. More bedrooms? Less Bathrooms? Pool? No pool? This all matters.

On my very first flip I did not account for the fact that all my comps had a garage, and my subject property did not. That was an expensive mistake that shaved $10,000 off the profitability of my flip. If I had just taken a few extra minutes to adjust my comps, I could have avoided it entirely, instead of finding out months later when it was time to sell. It's exactly why I built out the tool, so that others could avoid the same scenario. Wouldn't you like to know if you're going to lose money, before you make the deal?

I encourage you to try out the free comps adjustment tool:

https://tools.reikit.com/comps

If helpful, here is a video on how to adjust your comps:

https://tools.reikit.com/education/how-to-use-comps-get-an-accurate-arv

Feel free to reach out to me here in the comments or on the site chat if you have any questions or suggestions.

Cheers!

Kuba