Analyzing Deals 102 – Fix and Flips – 2016 Edition

Number of Buy, Fix and Resell Transactions By Year
Number of Buy, Fix and Resell Transactions By Year

It is rare that we teach a class on the "buy, fix up and resell" strategy. If you're curious, check it out...

In this class you'll learn:

  • What is the 70% rule and how do you use it?
  • How common are fix and flip deals in NoCo (charts)?
  • How profitable are fix and flip deals in NoCo (more charts)?
  • Minimum profit targets for fix and flip deals
  • Actual fix and flip example
  • Why flipping is a job and not a passive investment strategy
  • How to finance your fix and flips
  • The MAO formula and analyzing fix and flip deals
  • Determining After Repair Value (ARV)
  • Costs of doing fix and flips
  • Sales costs for fix and flips
  • Costs when you buy properties for fix and flips
  • Rehab costs when doing fix and flips
  • Swinging hammers versus writing checks
  • Holding costs
  • Fix and flip deal analysis walk-through
  • The risks of fix and flips
  • How different investors see the same deals differently
  • Case study of a flip we did
  • Contemplating deal sensitivity when doing fix and flips
  • The cost of education
  • Our (then) current market
  • Some final thoughts on fix and flips
  • Plus much, much more...

Duration: 2 hours and 23 minutes
Recorded: June 16, 2021
Instructor: Brian Williams