Rehab Valuator is really a property investing program that analyzes properties for flipping, wholesaling or renting. I had the chance to give it a try and provide my own, personal Rehab Valuator Review. The Rehab Valuator is a great tool and the lite version is totally free. It helps you estimate repairs, calculates financing costs, figure returns and profits. I'm constantly currently talking about the expenses associated with flipping because so many beginners underestimate them. The Rehab Valuator program does a great job of figuring all the expenses for you personally and even figures the 70 percent rule, which many flippers go by.
I don't review many products on InvestFourMore, because I only endorse products I think in. I've used many products that I thought were without substance or extremely overpriced and you never hear about those products, because I don't feel they deserve any publicity. I've used higher than a few property investing programs and many of them are not worth the money. That is among the few products that Personally i think may be worth the money.
What Is Rehab Valuator?
Rehab Valuator helps all types of property investors to analyze potential deals, including rehab and flip, wholesale, rehab and hold, buy and hold, and even those looking to buy, rehab, rent, refinance and then repeat (BRRRR).
But it doesn't stop there. Along with analyzing deals and projecting costs and profits, users have choices for utilising the software to help in marketing the deals to buyers in addition to other investors. The application also has a task management feature that enables users to keep track of their budgets, transactions, bids, and costs all in a single place—and generate detailed reports.
Continue reading to learn more about Rehab Valuator's key features in addition to how it stacks up against the competition, to help you decide whether it's a useful tool for your property investments.
My Rehab Valuator review: Can it help wholesalers?
The Rehab Valuator has some great features for wholesalers as well. There's a very simple program to find out what price a wholesaler would have to buy a house to sell it to an investor who'd flip the house. Enter the ARV, the repairs and the profit the wholesaler takes, and you obtain the purchase price you are able to purchase the property. The only real issue I saw with this calculator was you are able to enter carrying costs and closing costs, which decrease the offer price even more. Within my experience, the 70 percent rule works and never having to enter holding or carrying costs as additional expenses. You can even adjust the 70 percent value to be 65 percent, 75 percent or whatever value you want.
Another great area of the program could it be generates detailed, professional reports as you are able to give to investors who may want to choose the wholesale deal. You plug in the numbers for the repairs and other costs and the Valuator generates the report that will make you look like it had been created by a professional. The more information you are able to give to the investor, the convenient they will feel buying a house from you https://centerforworklife.com/opp/real-estate/rehab-valuator/.
How Do You Use Rehab Valuator?
The Rehab Valuator website provides dedicated video tutorials targeting specific investment routes, such as flips or rentals. The application enables all investors to calculate the most offer they ought to make on any property, evaluate the price of rehab and compare exit strategies.
You can even utilize the all-in-one platform to distribute your marketing materials and attract private money investors in addition to buyers.
Conclusion
I think the Rehab Valuator is a great tool for flippers, wholesalers or buy and hold investors. The Rehab Valuator lite version can be obtained free of charge here. The lite version doesn't include every feature I described here, but it gives you a great idea of the functionality of the program.