Dec. 14, 2023

Masterclass for Finding & Analyzing Lucrative Real Estate Investments

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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  

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Watch “Raising the Flipping Bar” on YouTube: https://www.youtube.com/@elevationinvestmentpropert4817 

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This episode was produced by Story On Media & Marketing: https://www.successwithstories.com