youtu.be
In this YouTube video, the speaker shares their formula for analyzing investment properties in any market and any market cycle. The formula has three components: determining the after repair value (ARV), determining the repair costs, and determining the multiplier percentage that determines the profit. The speaker provides tips and filters for determining the ARV, such as looking at the bed and bath count, square footage, school district, neighborhood, and the time period the property was built. They also provide tips for determining repair costs, such as knowing what work will be done and who will be doing it, knowing the prices of materials and labor, and accounting for carrying costs. The multiplier percentage is between 70 and 80 percent, with 80 percent being used for extremely competitive deals or properties in hot areas, and 70 percent being used for properties in less desirable areas or where there are unknowns in the project. The speaker emphasizes the simplicity and usefulness of the formula, which they use for almost 200 properties a year. They also provide a bonus tip for wholesalers who do not want to hold or fix up properties themselves.
In this YouTube video, the speaker shares their formula for analyzing investment properties in any m