Prevent my 10k mistake in under an hour with this tool

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Prevent my 10k mistake in under an hour with this tool

Kuba F.Pro Member
Real Estate Investor · Los Angeles, CA · Member since 2013 · 2k+ posts · 694 votes

Hi Everyone,

Kuba Fietkiewicz here, founder of REIkit.com real estate investment software. REIkit was born when I made some serious mistakes while flipping houses and wanted to find THE magic formula for how to make sure it didn't happen again. Through building REIkit and doing more flips, I finally figured out that there is no magic formula to be found. The only thing we can do is educate ourselves as much as possible and try to account for every single risk and cost we can think of before jumping into a new project.

That's what I had in mind when I built out all the tools for REIkit. With each tool I build, I ask myself: "Does this tool help my customers prevent the mistakes I made back then? Does this tool help my customers succeed?"

The Comps Adjustment Tool is particularly close to my heart, because I lost over $10,000 on my first flip by not accounting for features and amenities of my comps, such as garages and pools, when I did my initial deal analysis.

This tool will improve your estimated ARV in under an hour. Is an hour of your time worth $10,000?

I'll leave you with the link to the comps adjustment tool to try it out:

https://tools.reikit.com/comps

Feedback is always appreciated, so comment below or chat on the site if you have any questions or comments.

Cheers!

Kuba

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