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Kuba F.
Pro Member
  • Real Estate Investor
  • Los Angeles, CA
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2,131
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Prevent my 15k ARV mistake in under an hour with this free tool

Kuba F.
Pro Member
  • Real Estate Investor
  • Los Angeles, CA
Posted Aug 22 2019, 13:06

Hi Everyone,

My name is Kuba Fietkiewicz and I run my online house flipping and wholesaling software company, REIkit.com, based out of Los Angeles.

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.com 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 build out all the tools on the site...

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, which is part of the free ARV Calculator, is particularly close to my heart, because I lost over $15,000 on my first flip by not accounting for features and amenities of my comps (such as beds, baths, garages and pools) when I did my initial deal analysis.

These tools are free for everyone to use instantly and will improve your estimated After Repair Value in under an hour.

REIkit ARV Estimate and Comps Analysis Tool

Is an hour of your time worth $15,000?

I'll leave you with the link to the free ARV Calculator and Comps Adjustment tools:

https://tools.reikit.com/comps

Comment below or chat on the site if you have any questions or even to just let me know how it worked out for you.

Cheers!

Kuba

PS: Curious about our company? Thousands of real estate investors have used our software to evaluate over 90,000 deals. Join them in improving the efficiency of your deal due diligence, for more investments, and more profit!

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