Rehab Valuator is really a property investing program that analyzes properties for flipping, wholesaling or renting. I had the opportunity to give it a try and provide my very own Rehab Valuator Review. The Rehab Valuator is a great tool and the lite version is completely free. It can help you estimate repairs, calculates financing costs, figure returns and profits. I'm constantly authoring the expense involved with flipping because so many beginners underestimate them. The Rehab Valuator program does a good job of figuring all the expense for you and even figures the 70 percent rule, which many flippers go by.
I don't review many products on InvestFourMore, because I only endorse products I believe in. I have used many products that I believed were lacking in substance or extremely overpriced and you do not hear about those products, because I don't feel they deserve any publicity. I have used greater than a few property investing programs and a lot of them aren't worth the money. This is one of many few products that Personally i think may be worth the money.
What Is Rehab Valuator?
Rehab Valuator helps all types of property investors to analyze potential deals, including rehab and flip, wholesale, rehab and hold, buy and hold, and even those looking to purchase, rehab, rent, refinance and then repeat (BRRRR).
Nonetheless it doesn't stop there. In addition to analyzing deals and projecting costs and profits, users have choices for utilizing the software to aid in marketing the deals to buyers along with other investors. The application even offers a task management feature that enables users to keep track of their budgets, transactions, bids, and costs all in one place—and generate detailed reports.
Read on to learn more about Rehab Valuator's key features along with how it stacks facing your competitors, so you can decide whether it is a useful tool for your property investments.
My Rehab Valuator review: Can it help wholesalers?
The Rehab Valuator has some great benefits for wholesalers as well. There's a very easy program to find out what price a wholesaler would need to buy a house to offer it to an investor who'd flip the house. Enter the ARV, the repairs and the profit the wholesaler takes, and you obtain the cost you are able to buy the property. The only issue I saw with this particular calculator was you are able to enter carrying costs and closing costs, which decrease the offer price even more. Within my experience, the 70 percent rule works and never having to enter holding or carrying costs as additional expenses. You can even adjust the 70 percent value to be 65 percent, 75 percent or whatever value you want.
Another great part of the program could it be generates detailed, professional reports as you are able to give investors who might want to buy the wholesale deal. You plug in the numbers for the repairs and other costs and the Valuator generates the report that could make you appear to be it absolutely was developed by a professional. The extra information you are able to give the investor, the convenient they will feel buying a house from you.
How Do You Use Rehab Valuator?
The Rehab Valuator website provides dedicated video tutorials targeting specific investment routes, such as flips or rentals. The application enables all investors to calculate the most offer they need to make on any property, evaluate the expense of rehab and compare exit strategies.
You can even utilize the all-in-one platform to distribute your marketing materials and attract private money investors along with buyers.
Conclusion
I think the Rehab Valuator is a great tool for flippers, wholesalers or buy and hold investors. The Rehab Valuator lite version can be obtained free of charge here. The lite version does not include every feature I described here, nonetheless it offers you recommended of the functionality of the program Read Full Article Here.
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