Using Mobile Devices to Do Your Due Diligence
with Don DeRosa
In real estate “Due Diligence” is the period of time right before and right after you get a Purchase & Sale contract accepted on a property. Due diligence is determining value and repairs, performing calculations, reviewing documents, getting insurance, walking the property to make sure your investment is going to be profitable.
Lack of due diligence, or not knowing how to evaluate a deal, is one of the main reasons new investors fail to buy properties or fail to make a profit. This is one of the major sticking point investors have a hard time getting over.
In fact in every city in America, one of the top three reasons people are afraid to buy houses is because they don’t know how to evaluate properties accurately. At Chattanooga REIA's first event of 2019, Don is going to show you the basics that you need to know for evaluating every deal you come across, and how to use your mobile devices to do it. Plus, Don will invite you to learn even more of doing real estate investing with your mobile devices at our Nothing But Apps All Day Workshop on Saturday, January 19th in Chattanooga!
Most people only use their smartphones and tablets to talk, text, play games, and watch videos. But did you know that you can also use your mobile devices to successfully operate and automate most of your real estate investing business so you can work less and earn much more?
If you want to learn how to use the latest technology such as PCs, Smart Phones, Tablets and other hardware, software, apps and gadgets to operate, systematize and automate your real estate investing business to be leaps and bounds ahead of your competition, don’t miss this event
You will learn:
How to determine Values (ARV)
How to find comps
What numbers you should use when buying
How to inspect a property
How to determine repairs quickly, even if this is your first deal
What holding costs to use
What selling costs to use
And, What pitfalls to avoid
Answers to your questions and more!
Don DeRosa is a real estate investor, author, teacher, coach and national speaker. He is past president of Georgia Real Estate Investors Association. Don is also an an active Charter Business Member of the Atlanta Real Estate Investors Alliance (Atlanta REIA). Don has trained thousands of new and experienced investors to build wealth in real estate using the same techniques that helped him build his fortune, particularly buying with owner financing, using private money, creatively structuring deals and selling quickly in any market.