I purchased my first fix & flip in 2015 & barely broke even. A few years later, I came just days from closing on a 19-home rental package thinking it was a killer deal - it wasn't. Do you know what both of those deals had in common? I missed my numbers by a country mile!
Luckily, I scraped out of the flip without losing any money and backed out of the rental package before signing the contract. But here's the deal, friends: knowing with full confidence that a property is a killer deal before you ever buy it is an essential skill to have in your real estate investing tool belt. Why? Because it's both your offense & defense.
When you know how to underwrite (fancy word for analyze) properties correctly, it not only keeps you from buying bad deals (defense) but also allows you to buy good deals without flinching (offense). Over the past 5 years, through my ups and downs and tough lessons learned, I have perfected the formula for analyzing a property like a pro. Every deal I buy, whether it is a rental or a fix & flip, I know almost EXACTLY what my returns are going to be - and that's a powerful place to be.
Now, it's your turn! I want you to feel as confident as I do when you are analyzing deals, without having to go through all the heartaches and headaches I had to endure to get there! That's what this Masterclass is about, so I hope to see you there.