You Make Your Money When You Buy: A guide for Real Estate Investors to Establish Their Maximum Offer

There is a rule of thumb for determining the purchase price of an investment property. This rule of thumb is the as repaired value (ARV) multiplied by a certain percentage, commonly 70% minus repairs. Unfortunately this rule of thumb does not explain how to accurately determine as repaired value (arv) in order to establish a maximum offer. We start this book with a discussion about the importance of an accurate ARV and exactly how to calculate the ARV for any given property. This book the takes the reader through a step by step process to teach real estate investors how to determine their maximum offer for a fix and flip or wholesale investment property. The best way to ensure success in real estate investing is to buy an investment property at the right price. Often times investors are bombarded by "great deals" but have no concrete tools to help them determine if the investment opportunity is a bargain or not. Like any other investment vehicle there is room for less scrupulous parties to take advantage of less experienced investors. This guide is designed to stop a new investor from being taken advantage of. Included in this guide are links to an offer price template that enables a buyer to quickly calculate their quiet costs, profits and estimate repairs quickly and easily and calculates the maximum offer for the buyer so there is no room for error. In addition there is a link to a incoming call script for investors to use when a seller calls.