Unless you know how to accurately estimate repair costs, you can’t make smart offers. And when you know how to do it FAST, you’ll save valuable time, make more offers, and get more deals. If you're going to make good offers, you'd better get good at Estimating Repair Costs. The accuracy of your equations, the profit in your deals, and the cost benefit of taking on a project all hinge on your ability to Estimate Repairs Quickly and Accurately.
Mike Jacka is a long-time retailer and experienced wholesaler who’s developed a system for repair estimation for his own business that’s so easy that even his non-rehabber assistants can use it, and he’ll share it with us at this meeting.
At this training we will learn what are:
The process is simple, once you understand how to break it down into what you need to look at and what you don't need to spend much time inspecting.
At this training we will learn what are:
• Major Components
• Minor or Miscellaneous Components
• How to assign values to each category
• And the individual items within the categories
Mike will walk you step by step through his process of looking at an making an initial repair estimate on a potential deal, and show you how he does this in 15-20 minutes so you can quickly calculate your MAO (Maximum Allowable Offer) for cash deals.
Early Meeting: Get These Bed Bugs Out of My Place with Brian Quinlan