Masterclass for Finding & Analyzing Lucrative Real Estate Investments

Raising the Flipping Bar with Derek Marlin

In this episode, Derek Marlin explores:
* Top 5 ways to find deals in today's market.
* The importance of working with real estate agents to find deals, both on and off market to successfully flip all types of properties.
* Effective ways to analyze deals without wasting time or money.
* The value of referral business and building a great agent network.
* The effectiveness of door knocking for generating leads and selling properties, particularly for off-market deals.
* Being transparent with homeowners and providing them with options to sell their properties.
* Sourcing deals through small and midsize wholesalers, and leveraging social media and content creation to build your brand and attract potential sellers.
* The importance of analyzing a large volume of deals to identify good investment opportunities.
* Evaluating deals based on three key metrics: dollars per day, net profit, and ROI.
* Focusing on major systems in a property, such as structural repairs, roof and windows, sewer lines, and asbestos removal.
* Always doing sewer scope and roof inspections on every property to avoid costly surprises later on.
* Tips for managing projects, including building a detailed spreadsheet to track costs for repairs, flooring, and other updates.
* Setting realistic budgets based on comparable sales.
Connect with Derek Marlin and ELEVATION Investment Properties!
Derek on LinkedIn: http://www.linkedin.com/in/derekmarlin
ELEVATION’s website: https://elevationinvest.com/
ELEVATION on LinkedIn: https://www.linkedin.com/company/elevationinvestmentproperties
ELEVATION on Instagram: https://www.instagram.com/elevationinvest/
ELEVATION on Facebook: https://www.facebook.com/elevationinvestmentproperties
Subscribe to the “Raising the Flipping Bar” on your favorite podcast player!
Spotify: https://spoti.fi/3ByYmxv
Apple Podcasts: https://apple.co/3WbUCeQ
Watch “Raising the Flipping Bar” on YouTube: https://www.youtube.com/@ElevationRealEstateInvesting
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This episode was produced by Story On Media & Marketing: https://www.successwithstories.com

فصول

1. Introduction to Real Estate Investing (00:00:00)

2. Welcome to Raising the Flipping Bar (00:00:43)

3. Finding and Analyzing Deals (00:01:19)

4. Top 5 Ways to Source Deals (00:02:43)

5. Deal Analysis: The Key Metrics (00:12:44)

6. Managing Major Systems in Fix and Flips (00:15:25)

7. Effective Project Management (00:19:37)

8. Fixture and Finish Packages (00:22:24)

9. Conclusion and Final Tips (00:23:17)