Today, I was tested!! My crawlspace flooded so badly that water started flowing out and pooling in the backyard. I ended up hand digging about five feet to uncover a broken water line. After making multiple Home Depot runs, and fixing it all myself the final bill was $15. Today cost me time, energy, and some frustration, but I walked away learning a ton and a temporary fix that will restore water while I figure out a more permanent solution.

You don't need to become a CPA. But if you're going to invest in real estate, you need to understand the numbers. NOI. Cash flow. Cap rate. Cash-on-cash return. Debt service. DSCR. 🏠 𝗠𝗢𝗡𝗗𝗔𝗬 𝗠𝗢𝗩𝗘: Take one property this week and calculate its basic cash flow. Don't know how? That's exactly what you should learn next. The better you understand the numbers, the harder it is for a bad deal to fool you. Upgrade your membership & Take the "𝙍𝙚𝙖𝙡 𝙀𝙨𝙩𝙖𝙩𝙚 𝙈𝙖𝙩𝙝" class by @Brandy Sams in the Classroom section

Looking at properties doesn't make you an investor. Making offers does. You can spend months scrolling through Zillow, LoopNet and Crexi and never get closer to owning anything. At some point, you have to put a number on paper. 🏠 𝗠𝗢𝗡𝗗𝗔𝗬 𝗠𝗢𝗩𝗘: Find one property that interests you and submit an offer—or contact the listing agent and ask what price the seller would realistically consider. You don't have to get the deal. You need to get comfortable playing the game. So How Many Offers are you making this week?🤔 𝘼𝙘𝙘𝙚𝙨𝙨 𝙩𝙝𝙚 𝙑𝙖𝙪𝙡𝙩 𝙡𝙞𝙗𝙧𝙖𝙧𝙮 𝘧𝘰𝘳 𝘍𝘳𝘦𝘦 𝘔𝘰𝘳𝘵𝘨𝘢𝘨𝘦 𝘊𝘢𝘭𝘤𝘶𝘭𝘢𝘵𝘰𝘳𝘴, 𝘙𝘦𝘩𝘢𝘣 𝘸𝘰𝘳𝘬𝘴𝘩𝘦𝘦𝘵𝘴, 𝘓𝘦𝘢𝘴𝘦𝘴, 𝘞𝘩𝘰𝘭𝘦-𝘚𝘢𝘭𝘦 𝘤𝘰𝘯𝘵𝘳𝘢𝘤𝘵𝘴

What investors mean when they say… ARV 🤔 ARV stands for After Repair Value. Basically, what do you think the property will be worth after you fix it up? Let's say you find a house for $180,000. You think it'll take $40,000 to fix it. After looking at similar renovated houses, you think it'll be worth $280,000 when you're done. $280,000 is your ARV. This number matters because you don't want to put $40,000 into a property just to find out it's only worth $210,000 when you're finished. 𝗟𝗲𝗮𝗿𝗻 𝘁𝗵𝗲 𝘃𝗮𝗹𝘂𝗲 𝗕𝗘𝗙𝗢𝗥𝗘 you spend the money. Learn the language. Understand the numbers. Make better real estate decisions.

You don't need to know everything before you start. You need to take the next step. Every experienced investor was once the person who didn't know how to analyze a deal, get financing, negotiate with a seller, or submit an offer. The difference? They started. 🏠 𝗠𝗢𝗡𝗗𝗔𝗬 𝗠𝗢𝗩𝗘: Find one property you would actually consider buying and analyze the numbers today. Don't worry about whether you can buy it yet Learn to recognize a deal before you have the money to buy it. 𝙂𝙤 𝙩𝙤 𝙩𝙝𝙚 𝙘𝙡𝙖𝙨𝙨 𝙧𝙤𝙤𝙢 𝙖𝙣𝙙 𝙘𝙝𝙚𝙘𝙠 𝙤𝙪𝙩 𝙤𝙪𝙧 𝙎𝙢𝙖𝙧𝙩 𝘿𝙚𝙖𝙡 𝘼𝙣𝙖𝙡𝙮𝙯𝙚𝙧 𝙏𝙤𝙤𝙡 .https://www.skool.com/wma/classroom/0e46b740?md=17d2eaf189fb45ae8dbca555b66d0488 Upgrade your membership to join office hours and we will Live underwrite your potential deal.