I purchased a property through sheriff sale and am financing the whole thing through a bank, based off 75% of appraised value. The appraised value is based off the repairs that we will be doing to the place. I used the contractors sheet without costs to show the appraiser what we were going to do to the place. He said that he has never seen anything more detailed or professional. Just another way you can utilize this great tool. Thanks Matt/Scott.
Straight up “The Best Tool” for any investor, but especially a rookie!
Know what the pros know, for real, then have it waiting at a portable printer on the coffee table,
with not 1, not 2, but 3+ options that hit the mark!
If you can’t sell with this...should I say it??!
So easy to use, now I don't even have to take my Husband or my Contractor. I feel comfortable with the numbers. I still have my contractor follow up, AFTER I have a signed offer, so I don't waste his time on tire-kicker sellers.
So, the best part of the estimator is handing the tablet to a seller and having them check the boxes. If you haven't done this yet, think about it. Kind of hard to object when you checked that it needed a roof and windows and gutters. Seller wanted to see what I was doing, so I showed her and she took it over. Great Result. Seller even thanked me for the education.