TREIA Main Meeting - Quickly & Accurately Estimating Repairs, Analyzing Deals & Making Offers

with... Mike Jacka

Making offers is the only way to buy properties. However, making the right offers is the only way to make money. Learn how to Quickly and Accurately Estimating Repairs, Analyze the Deal and Make Offers that get Accepted.

Tuesday, January 16, 2018

Embassy Suites Raleigh - Durham/Research Triangle
201 Harrison Oaks Boulevard
Cary, NC 27513

Having access to all the details and information is crucial, but in my experience, taking the time to look at and analyze every little detail is a huge waste of time in the grand scheme of things.  We need to be able to analyze a property quickly and make decisions based on the most important aspects of a deal.  The "Property Analyzer Tools" from your REIA (Real Estate Investors Association) was designed to help you do just that and allow you to go back and look at the details later to confirm your initial assumptions about a property and the deal as a whole.

The key to success is taking action.  I know you have heard that a hundred times from some very successful people, but I still see people not taking action because they don’t have the confidence or understanding of everything. The "Property Analyzer Tools" have helped many students overcome their fears of taking action because of how the whole process works.

Unless you know how to accurately estimate repair costs, you can’t make smart offers. And when you know how to do it FAST, you’ll save valuable time, make more offers, and get more deals. If you're going to make good offers, you'd better get good at Estimating Repair Costs. The accuracy of your equations, the profit in your deals, and the cost benefit of taking on a project all hinge on your ability to Estimate Repairs Quickly and Accurately.

Mike Jacka is a long-time retailer and experienced wholesaler who’s developed a system for repair estimation for his own business that’s so easy that even his non-rehabber assistants can use it, and he’ll share it with us at this meeting.

Estimating Repairs Quickly & Accurately:

The process is simple, once you understand how to break it down into what you need to look at and what you don't need to spend much time inspecting.

What you will Learn:

  • Major Components
  • Minor or Miscellaneous Components
  • How to assign values to each category
  • And the individual items within the categories

Mike will walk you step by step through his process of looking at an making an initial repair estimate on a potential deal, and show you how he does this in 15-20 minutes so you can quickly calculate your MAO (Maximum Allowable Offer) for cash deals.

The "Property Analyzer Tools" available through your REIA will make the repair estimate process quick and easy.  But we go way beyond that.  The "Property Analyzer Tools" will also help you Analyze properties that don't have a lot of equity and help you negotiate with the sellers to uncover their true motivation so that you can make multiple offers to the seller to give them a choice and the "Property Analyzer Tools" will do that for you as well.

Mike will show you how to K.I.S.S. and buy more properties.
(Keep It Simple System/tupid)

Members: Free
Non-members: $15.00
First Time Guests: Free


Members:
FREE
Non-Members:
$15.00

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Date: Tuesday, January 16, 2018
Time: 6:00 PM - 9:00 PM

Location:
Embassy Suites Raleigh - Durham/Research Triangle
201 Harrison Oaks Boulevard
Cary, NC 27513

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