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How do you compare dissimilar deals?\\xa0

Would you rather make $50k 70 miles away or $35k right around the corner?

Would you rather make $70k on a $200k project or $50k on a $135k project?

How about $60k in 4 months on a $250k investment or $75k in 7 months on $300k?

What if you could make $60k in profit on two light rehabs OR you could make $80 on a \\u201cpop top\\u201d rehab deal?

What if the property looks very profitable but is in a bad neighborhood?

What if the deal looks great but it\\u2019s 100 miles away?

What if you can make $150k, but the rehab will take more than a year and sales are slow there?

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Investors face thousands of questions like these every day across America. Your answers to situations like these will depend in large part on the numbers, but not entirely on them. Sometimes an attractive set of numbers comes with a basically ugly house. Most big profits come from equally big rehabs. How do you \\u201cmeasure\\u201d market heat? How can we quantify the effect of distance on the project?\\xa0

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I tackled this problem years ago and developed a way to compare disparate properties. Today I am going to let you behind the curtain to see the logic and methods I used to create the Flipping America Property Grade and the Property Grade app. Some of you will say, \\u201coh, ok, now I see what to do\\u201d and will go make your own analysis tool based on your own priorities. Some of you will say, \\u201cthat\\u2019s interesting -- where can i just get the app?\\u201d But everyone will benefit from knowing the principles involved in quantifying the intangibles that allow you to compare everything with everything.\\xa0

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How to contact us

Follow Starr @realestateislifeatlanta on IG and Facebook

www.RogerBlankenship.com. Leave a voicemail right from the home page!

Facebook.com/flippingamericamedia

Twitter and Instagram @FlippingAmerica

Call our National Comment Line: 877-55-ROGER (877-557-6437) \\xa0 ext 1. Leave your message or your question.\\xa0

Email your questions to questions@flippingamerica.net. Please always tell us where you are from. We like to know where the show is being heard. And let us know how you found out about us if you don\\u2019t mind.\\xa0

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Sponsors

Create the Life of Your Dreams. A free course at the Flipping America Academy.

Flipping America Funding: flippingamericafunding.com. Get the money you need for your business, for your training, for infrastructure, and for your projects. Flipping America Funding is your one-stop shop for all of your business funding needs. FlippingAmericaFunding.com.\\xa0

Real Estate Investing Quick Start.

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\\xa0Announcements:

• The Buyers Club is open for new members for a limited time. I have a new video on our YouTube channel about the Buyers Club. As long as that video is up, we are accepting new members. When we reach capacity we will take it back down. Just go to YouTube and search Flipping America. You will see we are posting content that is both useful and a little bit fun. While you are there please subscribe and hit the notification bell so you will know whenever we upload new content.\\xa0

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MIndset Moment:

News and Resources:\\xa0

The Skip Tracing Programs reviewed by Jan Bancroft and her group:

Launch Control

Profit Drive

Skip Genie

REI Skip

PropStream

True People

Been Verified

Back Skip Tracing

REI Reply

Real Estate IQ on Demand

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Not Tested: TLO, more for private investigators.

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Questions from Listeners: Starr\\u2019s RILA Group

• I own my home but want to do a refi. Would you suggest me getting my own appraisal or using the one associated with the Bank that I am doing my refi with?
• I am going through the process of becoming a section 8 landlord. My property is listed at 1700 for a 3/2, but the program will only give me 1400 according to the zip code market value. Is there a way around this?
• I am curious...When doing a refi, why would a bank give a \\u201cNo Appraisal Required\\u201d to the property owner?
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\\xa0\\xa0Motivational Quote:

\\u201cIt\'s through curiosity and looking at opportunities in new ways that we\'ve always mapped our path.\\u201d

Michael Dell

With a good perspective on history, we can have a better understanding of the past and present, and thus a clear vision of the future." \\u2014 Carlos Slim Helu

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