What’s the difference between a good deal and a great deal?
It all boils down to coming up with the best Win/Win deal!
In coming up with that deal, it’s not enough to make sure the product turns out great. It’s also important to make sure the profits for you (and your investors) are GREAT! At the end, neither you, your clients, nor your investors should have to compromise.
But the real question is: HOW?
How do I come up with the BEST deal possible? When should I consider a “lipstick” flip; and what about push/pull strategies? More importantly, what are objective measures to consider when coming up with the Best Deal possible?
We believe that beyond the many considerations when it comes to making business and investment decisions, especially in Real Estate, what stands out the most is Analysis.
Data will always be there. What you do with that data is what matters! And in order to yield Win/Win, there’s a need to leverage Analysis Tools. You can’t analyze deals at the back of a napkin…
These tools turn data into easily digestible information, making sure no data skips your attention, allowing you to arrive at a highly educated business decision.
Once you do have your spreadsheets, you want to be looking at them during crucial moments. Take a look before you make the offer, again at 2 weeks from closing the deal, and again after getting your rehab analysis.
You always want to be looking at what you forecasted and what’s actually happening. Are your costs going up and your profits, plummeting? It’s important to make a side-by-side comparison of your costs (purchase, rehab, miscellaneous, etc.) versus your estimated profits. This is how you learn to get sharper with your deals.
“Analysis tools, data, benchmarks, cost and profit figures? Sounds too much to digest!”
Better than just telling you about these, we’re going to SHOW YOU how to effectively use a Quick Offer Deal Analyzer, to ensure MAXIMUM Profits!
End of the day, what you need to learn is how to look at deals in multiple ways so that you can come up with multiple exit strategies, and ultimately, choose the best route – the deal that Maximizes Profits!
Now, we know we raised more questions that answers…And that’s you should check out this Case Study and learn the steps to making great deals.
Let’s see if we can’t answer all your questions!
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Thank you all for listening and I will see you on the next episode. When you are ready head on over to https://billyalvaro.com or go grab your tools to help you at https://billyssecrets.com