Lesson 18: Fix and Flip Scenarios
November 7, 2016
Mon, Nov 7
Review:
- New Construction
- Guest Speaker
Presentation:
- Student Presentations
- Travis Boothe
- Gavin Compton
- Fix and Flip variables
- Financing
- Self
- Friends/Family
- Hard Money Lender
- Traditional Lender
- Repair/Renovation Costs
- Unknowns
- Materials
- Labor
- Sales Estimate
- Comps
- Market uncertainty
- Closing costs
- Realtor fees
- Misc fees
- Owner financing
- Taxes
- Short-term gains
- Long-term gains
- Slow flip
- 1031 Exchange
- Financing
Assignment:
- Prepare your own presentation