The input that determines whether a hold works, estimated more casually than any other number in the analysis.
Between wholesaling untouched and renovating fully sits a third option most investors never price, and it frequently beats both.
Buy, renovate, rent, refinance, repeat. The analysis is more fragile than most, because everything depends on a number nobody controls.
The quietest line in a deal. Nothing invoices them, and they accrue every day whether or not anything is happening.
Investors get bids and compare totals, which tells them almost nothing. Three quotes for different work is not a comparison.
The list of everything that has to be done, written before anyone starts. The difference between a number you guessed and one you can defend.
The number most likely to be wrong, wrong in the same direction every time, and checked by someone whose money is at stake.
A list is manageable when there is one. At three lists and two people, the failure is no longer data quality but that nobody knows who was contacte...
Every investor builds lists. Almost none build the file of people who must never be contacted again regardless of which list they appear on next qu...
Providers all claim comprehensive coverage and accurate data. Most aggregate from the same county sources, so the differences that matter are not t...
Investors compare lists on the per-record price, which is roughly like comparing cars on the price of the tires.
Every list contains errors. The problem is not imperfection, it is that an unmeasured error rate makes every other number in your marketing unrelia...