Cash Flow Guys Podcast
241 - Prove It
- Autor: Vários
- Narrador: Vários
- Editor: Podcast
- Duración: 0:17:41
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Sinopsis
Prove it, Yep, it means what it says. Before you close on any deal be 100% sure that the info you used to base your buy decision on is accurate. I am willing to bet that the seller, broker, or wholesaler embellished on some of the info you believe to be true. Before you do any deal, prove the numbers by common sense due diligence. This does not mean trusting the Realtor or wholesaler that is presenting you the deal. I am not saying they are lying however they tend to make things appear a bit more profitable than reality will prove. A wholesaler using the term ARV is the human version of Zillow and therefore is never accurate. The value of a property is what a buyer is willing to pay for it, period. When a seller tells you what a property will bring in for rent prove it before you believe it. A great way of doing this is to look on craigslist for similar properties located in the same area and call them. The MLS will often be a good resource of rental data for properties that have already been rented. To