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Property Analyzer - Wholesale

The Property Analyzer tool inside REI BlackBook can be used to analyze different types of real estate investing deals. Follow the instructions below to learn how to run a property analysis for a wholesale scenario.

  1. From your account's Dashboard click on Deals and select Property Pipeline from the drop down menu.
    Screen_Shot_2019-02-28_at_03.32.04.png

  2. Select the property that you want to analyze by clicking on the property address.
    Screen_Shot_2019-02-28_at_03.32.28.png

  3. Click on the Analyzer tab.
    Screen_Shot_2019-02-28_at_03.33.14.png

  4. Click on the Acquisition tab.
    Screen_Shot_2019-03-05_at_03.14.41.png

  5. Under What are your purchasing assumptions, choose Wholesale.
    Screen_Shot_2019-03-05_at_03.14.41.png

  6. The ARV value will be filled from the average of the comparables selected in the Sale Comps.
    Screen_Shot_2019-03-05_at_03.14.41.png

  7. Scroll down and fill out the Wholesale Expenses and Wholesale Investment section.
    *Note: You have the option to switch between the actual amount ($) or a percentage of your ARV (%)
    Screen_Shot_2019-03-05_at_03.18.42.png

  8. Under the Base NIP On field, select whether your net investor profit will be based on ARV or ROI.
    Screen_Shot_2019-03-05_at_03.19.57.png
  9. Once set, you will now see the Maximum Allowable Offer located at the right hand side of the page.
    *Note: Click on Details to see the breakdown on each field.
    Screen_Shot_2019-03-05_at_03.22.58.png

 

You can set the Purchase Price by adding the Maximum Allowable Offer and Net Investor Profit. You have successfully ran a property analysis on a wholesale deal. If you have any questions or concerns about the information above please contact us at support@reiblackbook.com

 

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