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Download presentation file from:
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                                    2
The information in this presentation and the programs they present are for general informational purposes only.
They do not provide legal, business, financial or personal advice related to individual situations and should not
be relied on as such. The educators and presenters of the information and others involved have taken reasonable
precautions in the preparation of the information and believe that what is presented is accurate as of the date it is
written and presented. However, they do not guarantee or warrant that it is accurate, complete, up-to-date or will
produce certain financial results. Further, they assume no responsibility for any errors or omissions and disclaim
any liability resulting from the use or application of this information. All of it is general in nature and may not
apply to particular factual or legal circumstances. Laws and procedures, particularly those relating to real estate,
change from country to country, state to state and county to county, and are subject to differing interpretations.
The information is not intended to substitute for obtaining legal advice from competent, independent legal
counsel in the relevant jurisdiction. If you want legal advice, please consult a lawyer. The presentations are not
intended to create and your use of the information presented does not constitute a business or lawyer-client
relationship between you and the presenter, the authors of the information and others involved with the
information. This information is not a substitute for sound business and legal judgment, and you should          3
not act upon any of it without first confirming that it is appropriate for your situation.
Remote Flips:
 Auction
 Open Market
 Case Studies
 Q&A            4
connectrei.com/video
3       4

        2

1

                    6
                    7
                5




                        6
»Before:
 ˃Review List
 ˃Drive by
 ˃Adjust list and numbers
 ˃ ready to auction
  Get
»Auction Day
»After                      7
»Risks
 ˃ Inspection
  No
 ˃ title insurance
  No
 ˃ issues
  Tile
»Benefits
 ˃ lowest price point
  The
 ˃Margin for high profits

                            8
» Purchase date 9/4/2012

» purchase price $72,000

» Renov. costs $20,000/$12,000

» Total investment $104,000

» Selling price $129,900

» Listing date 10/27/12

» Offer date 10/28/12 (less then 24 hours)

» Offer: $129,900

» Closing date 11/27/12

» Duration ~3 moths                          9
» Profit ~$19,000
10
11
4 / 2.5 | 2,596 Sq. Ft. | 1989 Built | 2 Car Garage | Pool
Purchased: 10/2/12 @ $146,000

Rehab: $15,000

Total investment: $161,000

For sale: 11/2/12 (30 days) @ $209,900

Market Value: $216, 600

Rent: $1,900

Estimated Profit: $38,500                                    12
Estimated duration: 4 months
13
14
15
16
17
Option 1    Option 2
 Purchase price                          $81,601     $81,601
 Rehab                                   $20,000        $-
Total expenses                           $101,601    $81,601

 Sell at                                 $130,000    $107,000
 Closing costs (agent fee+title+taxes)    $8,200      $7,280
Total revenue                            $121,800    $99,720

Total profit                             $20,199     $18,119

Local Team profit share (40%)              $8,080    $7,247.60
SDI profit share (20%)                   $4,039.80   $3,623.80
**Investors profit share (40%)           $8,079.60   $7,247.60
**Investors cash on cash                    16%         18%
**Estimated duration                     4 months    1 month
**Annual                                    48%        213%      18
Purchase Date                             11/6/12     11/6/12
Selling Date                              3/1/13      12/1/12
»Purchase Methods:
 ˃Auction
 ˃Open Market (cash or financing)
»Investment options:
 ˃Option 1 – buy individually
 ˃Option 2 – join a flip group
                                    19
»Ways to mitigate risk
»Ways to diverse risks
»Timeline: Next auctions
 12/4 & 1/1


                           20
Group




        21
FREE
ONE ON ONE STRATEGY SESSION
(in-person | phone | Skype)


          REGISTER

                              22
Step 1 – Defining Your Strategy
•   Where to invest
•   What’s right for you
•   Obstacles elimination
•   Getting ready – financially
•   Getting ready – mentally



Step 2 – Finding a Property
•   Working with local team
•   Evaluating & analyzing deals
•   Making offers & negotiation
•   Completing purchase

                                   23
Step 3 – Rent / Flip
Simply Do It Network




                       Atlanta

                       Orlando
      Dallas

                                 24
Markets & Programs Dallas Orlando Atlanta

Rental
Flips
Local Teams:
               Agent

   Property Manager
                                            25
         Rehab team
Get Started


              Dani Beit-Or
     dani@simplydoit.net
            simplydoit.net
Properties: connectrei.com   26

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Remote Fix & Flips and Auction vs Open Market Purchase - Webinar

  • 1. 1
  • 2. Download presentation file from: connectrei.com/resources 2
  • 3. The information in this presentation and the programs they present are for general informational purposes only. They do not provide legal, business, financial or personal advice related to individual situations and should not be relied on as such. The educators and presenters of the information and others involved have taken reasonable precautions in the preparation of the information and believe that what is presented is accurate as of the date it is written and presented. However, they do not guarantee or warrant that it is accurate, complete, up-to-date or will produce certain financial results. Further, they assume no responsibility for any errors or omissions and disclaim any liability resulting from the use or application of this information. All of it is general in nature and may not apply to particular factual or legal circumstances. Laws and procedures, particularly those relating to real estate, change from country to country, state to state and county to county, and are subject to differing interpretations. The information is not intended to substitute for obtaining legal advice from competent, independent legal counsel in the relevant jurisdiction. If you want legal advice, please consult a lawyer. The presentations are not intended to create and your use of the information presented does not constitute a business or lawyer-client relationship between you and the presenter, the authors of the information and others involved with the information. This information is not a substitute for sound business and legal judgment, and you should 3 not act upon any of it without first confirming that it is appropriate for your situation.
  • 4. Remote Flips: Auction Open Market Case Studies Q&A 4
  • 6. 3 4 2 1 6 7 5 6
  • 7. »Before: ˃Review List ˃Drive by ˃Adjust list and numbers ˃ ready to auction Get »Auction Day »After 7
  • 8. »Risks ˃ Inspection No ˃ title insurance No ˃ issues Tile »Benefits ˃ lowest price point The ˃Margin for high profits 8
  • 9. » Purchase date 9/4/2012 » purchase price $72,000 » Renov. costs $20,000/$12,000 » Total investment $104,000 » Selling price $129,900 » Listing date 10/27/12 » Offer date 10/28/12 (less then 24 hours) » Offer: $129,900 » Closing date 11/27/12 » Duration ~3 moths 9 » Profit ~$19,000
  • 10. 10
  • 11. 11
  • 12. 4 / 2.5 | 2,596 Sq. Ft. | 1989 Built | 2 Car Garage | Pool Purchased: 10/2/12 @ $146,000 Rehab: $15,000 Total investment: $161,000 For sale: 11/2/12 (30 days) @ $209,900 Market Value: $216, 600 Rent: $1,900 Estimated Profit: $38,500 12 Estimated duration: 4 months
  • 13. 13
  • 14. 14
  • 15. 15
  • 16. 16
  • 17. 17
  • 18. Option 1 Option 2 Purchase price $81,601 $81,601 Rehab $20,000 $- Total expenses $101,601 $81,601 Sell at $130,000 $107,000 Closing costs (agent fee+title+taxes) $8,200 $7,280 Total revenue $121,800 $99,720 Total profit $20,199 $18,119 Local Team profit share (40%) $8,080 $7,247.60 SDI profit share (20%) $4,039.80 $3,623.80 **Investors profit share (40%) $8,079.60 $7,247.60 **Investors cash on cash 16% 18% **Estimated duration 4 months 1 month **Annual 48% 213% 18 Purchase Date 11/6/12 11/6/12 Selling Date 3/1/13 12/1/12
  • 19. »Purchase Methods: ˃Auction ˃Open Market (cash or financing) »Investment options: ˃Option 1 – buy individually ˃Option 2 – join a flip group 19
  • 20. »Ways to mitigate risk »Ways to diverse risks »Timeline: Next auctions 12/4 & 1/1 20
  • 21. Group 21
  • 22. FREE ONE ON ONE STRATEGY SESSION (in-person | phone | Skype) REGISTER 22
  • 23. Step 1 – Defining Your Strategy • Where to invest • What’s right for you • Obstacles elimination • Getting ready – financially • Getting ready – mentally Step 2 – Finding a Property • Working with local team • Evaluating & analyzing deals • Making offers & negotiation • Completing purchase 23 Step 3 – Rent / Flip
  • 24. Simply Do It Network Atlanta Orlando Dallas 24
  • 25. Markets & Programs Dallas Orlando Atlanta Rental Flips Local Teams: Agent Property Manager 25 Rehab team
  • 26. Get Started Dani Beit-Or dani@simplydoit.net simplydoit.net Properties: connectrei.com 26

Editor's Notes

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