This is a 2 step start up breakdown. First step is to get YOUR business properly set up BEFORE you start making offers on properties. This will streamline the process from the beginning. "My greatest ability is my availability". So WHEN you have questions be sure to ask them in the chat on SKOOL on the top right of the home page.

I stick with basic cosmetic renovation properties. This is a quick walk through of an exapmlle of a house that I just purchased and the rehab that will be needed. Purchase 396K, ARV 599K. Reno 35K. Quick in and out job and located in a "A" class neighborhood.

I show you how I estimate my repairs from my home computer, this is a very important video to understand! This is a skill that requires practice and will become very easy once you have done it for a while. The basics are $15 a sqft for light rehab---$25 a sqft for medium rehab---$35 a sqft for heavy rehab. This is not the whole rehab though, watch the video to understand. Ask questions as you have them.

Referral's for you! * Hard Money lenders Lend More Capital 817-808-7268 Matt Campos Easy Street Capital 512-417-2348 Kelly Smith * DSCR lender Best Suited Mortgage, Nick Covington 210-639-6345 * Power Broker Jeff Shoemake 214-492-9739 * Insurance Broker Eric Buchanan 214-543-6408 * Realtor Rachael Smith 432-413-6370 * CPA Alex Tong 972-423-8880 * Title Co Republic Title of Texas 214-528-8916 * Wholesalers who have websites Investor Lift New Western Trelly Big State Home Buyers

Every investor needs a buy box. The buy box keeps you from buying properties outside of your typical scope of work and comfort level. This buy box criteria takes time to understand as an investor as many investors have different buy boxes for different reasons. Your buy box as an investor will also evolve as you do. The buy box I modeled was from a large hedge fund that was at a REI meetup years ago. It has served me well. Sticking to your criteria also speeds up the daily analyzations too.

I find, analyze and make offers as you watch. This is what I do everyday. I also do the same with my emailed deals as well.

How to make an offer to a wholesaler.

This is a breakdown of the real estate investing software I use. Watch the video and see if it can benefit you too. Here is my affiliate link, it is a risk free all access 7 day FREE trial: I'll send you a link for free trial just ask!

How to run comps without MLS access. MLS access is highly recommend. Propstream is a good source as well, if you have non of these using REDFIN.com to run sold comps can work on some properties in some states and cities.

Using the MLS to run ARV comps is the best comps you can get. When a buyer for your property wants to verify value (outside of an appraisal) they go to the MLS using a realtor and sold comps. You should make it a point to use the MLS for comps running when buying and selling.

I purchased this house sight unseen for 351K, appraisal came back at 540K. Here is what the property looked like in as-is condition pre reno. Watch as I talk about the rehab needed, this video was sent to my contractor.

Once offer to wholesaler goes through. These are the next steps to take in order to make contract final and "lock up" deal.

This is the real life speed in which it takes me to make an offer from a MLS listing doing so by using a LOI. This is an example of how fast you can fire off these offers to give you an idea of the time needed/ offers you want to make per day/ week ect.

This is the breakdown of the steps it takes to make a LOI to an on market MLS property. The reason I use LOI and not TREC offers is due to take saved per offer. If they are interested in LOI offer then I will take the time to put it on a TREC form. This method is about speed to lead and is purely and numbers game.

Watch as I come up with the numbers and make the offer.