How We Find & Qualify Opportunity
Sifting, Sorting and Selecting Investments
Our Deal Scouts review investment opportunities presented to us by our extensive network of wholesalers, investors, agents and estate attorneys.
Sifting through the ongoing stream of opportunities, we complete a series of pre-offer due diligence steps to increase the probability of making a profit and minimize the risk of a flip failing to meet or exceed our ROI criteria.
Location: We focus on properties located within the greater Austin metro area. (WHY AUSTIN?)
Neighborhood: We look at everything from price range, supply/demand dynamic and monthly housing inventory to proximity to schools, shopping and employment.
Site: We avoid properties that front or back a busy street or other adverse conditions such as powerlines, railroad tracks and proximity to commercial, multi-family or industrial uses.
Structure: Homes that need extensive work are often the best investments as they can often be acquired at a steep discount. In addition to repairing anything from plumbing, electrical and HVAC systems, we get creative with improvements that increase market appeal and add value.
Exit ARV: (After Renovation Value) Utilizing the same “Price Adjusted Sales Comparison Analysis” used in appraisal methodology, we give a Broker Price Opinion based on what the home will sell for after completion of the renovation. As a result, we can then crunch the renovation budget numbers along with other expenses to forecast a potential profit margin and return on investment.
