Get your FREE Flipping Calculator Today!
Yes, I’ve been obsessed with HGTV and all things DIY. And I knew at one point I would love to try to fix and flip a house. But FIRST I need to understand the numbers to make it profitable. This calculator was developed after I had done my first several flips. I needed a way to evaluate properties in order to know what to offer on them.
Use this FREE Calculator to:
- Help in estimating the potential profits: This Fix and Flip Calculator allows you to estimate the potential profits they can make from a particular property. With the help of various inputs such as purchase price, repair costs, holding costs, and resale value, investors can evaluate the potential return on investment and profitability of a property. This information can help investors determine if a particular fix and flip project is worth pursuing or not.
- Reduce the risk of overpaying: One of the risks associated with fix and flip projects is overpaying for a property. A fix and flip calculator can help investors avoid this risk by providing an accurate estimate of the costs associated with the project. By factoring in all costs, including repair costs, holding costs, and financing costs, investors can determine the maximum amount they should pay for a property to ensure a profitable project. One thing for sure, you gotta buy at the right price.
- Helps in creating a realistic budget: A fix and flip calculator can help create a realistic budget for your project. By estimating repair costs, holding costs, and financing costs, investors can determine the total amount they need to invest in the project. This information can help investors create a budget that aligns with their investment goals and ensures that they have enough funding to complete the project successfully. Additionally, a realistic budget can help investors avoid unexpected expenses and ensure that they have enough money to cover any unforeseen costs that may arise during the project.
Deborah Razo
Real Estate Investor, Speaker, Coach
Founder of the Women’s Real Estate Network
Always an independent spirit, Deborah started her first business in 1990. After owning and partnering in several successful small businesses, she realized that her path to financial freedom was through real estate investing. Deborah has a flare for fixing and flipping properties, from purchase, rehabbing, marketing and sale processes to tools and techniques for locating properties, analyzing market values, timely decision making to capitalize on opportunities, crafting offers, negotiating, effective due diligence, budgeting, assembling teams, hiring contractors, staging and marketing the sale for profit. With an unsurpassed expertise in renovation and team management, Deborah began purchasing foreclosures in the Memphis area. After only 5 years, she now controls over $3 million in real estate. She is currently focusing her energy on partnering with investors seeking financial freedom through the acquisition of single-family and multi-family assets.
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