[Calc Review] Help me analyze this deal

6 Replies

It was pretty vague.  I’m a very “always look on the bright side of life” guy!  I revisited the property this morning with my level headed  partner (my wife) and she pointed out more details.  I’m definitely the big picture guy and she is the details!  Thanks for the challenge.  You were correct.  I need to watch the details.  I’ve done 5 rehabs on rentals but flipping seems like a new game! 

I took a harder look at the property and you are spot on Bryan!  It needs a major retaining wall in the front and back of the property.  That could add 10k easy.  Also an tree serve would have to come in.  In reality it should only take 3 months but I wanted worst case scenario.  That’s for the advice!