Due Diligence Workshop Live and In Person or Online on Sept 12, 2020
Posted on September 1, 2020 byA Hands-On Workshop for Any Investor Who Wants to Know & Understand Their Numbers Like a Pro, Especially with All the Changes as a Result of Covid-19!
with Don DeRosa
Doubletree on Tampa Bay
3050 North Rocky Point Dr West, Tampa, FL
& ONLINE for Those Who Can’t Attend In Person
When it comes to running a profitable real estate investing business, the name of the game has always been about knowing your numbers and what makes a deal profitable or not. That will especially be true in the upcoming months when our uncertain economy begins to change. And we’ve already seen many changes for labor and materials since Covid-19 hit. Are you accounting for these changes when you run your numbers?
You’ve probably heard the saying… “You make your money when you buy and you get paid when you sell”. This means YOU MUST KNOW YOUR NUMBERS BEFORE YOU BUY SO THAT YOU WILL GET PAID WHEN YOU SELL!
So when it comes to knowing your numbers…
- Do you know how to really determine if you are buying a good deal or not?
- Do you know if you’re paying too much?
- Do you know how much profit you’re going to make?
- Do you know how to do all of your due diligence before you buy and what to look for?
- Do you know how to accurately determine the AS-IS value of an ugly house, especially now?
- Do you know After Repair Value (ARV) of a property for a buy and hold vs a fix and flip (or a high end rehab vs a low end rehab)?
- Do you know how to accurately determine repairs and estimate repair costs before you buy, especially now that building materials have skyrocketed and contractors are extremely busy?
- Are you totally comfortable using the numbers your buyer or sellers give you when working a deal?
- Do you know how to quickly run the numbers like a pro?
- Do you know the other types of due diligence you must do before you ever close on a deal?
If you answered “NO” to any of these questions, unfortunately you may be going to a real life, expensive, school of hard knocks seminar very soon if your not extremely careful!
Instead of learning these valuable due diligence skills the hard and expensive way, be sure to attend the upcoming, highly affordable, Due Diligence Workshop with Don DeRosa on Saturday, September 12th, 2020 from 9AM to 5PM at the Doubletree Suites located at 3050 North Rocky Point Dr West in Tampa, FL and Online via Zoom Webinar for those who cannot attend in person.
At this Workshop, You will Learn:
- How to become a transaction engineer
- How to determine the different types of property values and why there are two different ARV’s for every property
- Using different property valuation models
- Reliable sources of “comparable” information data
- How to find and run comparables
- How to decide which comparables to use and which to ignore
- How to be a problem solver to create win-win deals for everyone
- How to take a lead and come up with multiple ways to structure the deal
- How to use your computer or mobile device to do your due diligence
- How to use state of the art tools to do all your negotiating for you
- How to overcome all seller objections when buying a house
- How to know the differences with a property’s rental income and it’s value
- Determining how much an investor should pay for a property
- Identifying the target market (buyers) for the property
- How to utilize public and near public information
- How to inspect the property
- How to determine what kinds of repairs are needed based on your exit strategy
- How to estimate the costs of repairs based on your exit strategy especially now that building materials are climbing due to the supply and demand of the Covid-19 pandemic
- How to determine if a lead is a deal or no deal
- Checking title and solving title flaws
- Pitfalls to Avoid
- All this, answers to your questions & so much more!
Sign Up Today and make what’s left of 2020 and 2021 your most profitable year ever in real estate investing by knowing how to run your numbers and how to buy right! REGISTER NOW!
REGISTER NOW WHILE SEATS ARE AVAILABLE for the workshop and join us at the event! Be sure to bring a mask, hand sanitizer, light jacket, pen and paper for taking notes, and your computer and/or mobile device.
Don DeRosa is a real estate investor, author, teacher, coach and national speaker. Don has trained thousands of new and experienced investors to build wealth in real estate using the same techniques that helped him build his fortune, particularly buying with owner financing, using private money, creatively structuring deals and selling quickly in any market.