Partner Driven

One of the biggest mistakes newer investors make is getting emotionally attached to a property before the numbers make sense.

Julie breaks down a simple way investors look at deals here at Partner Driven. It starts with understanding the ARV, estimating repairs correctly, and knowing where the margins need to be before moving forward.

A lot of people hear terms like “65% rule” or “70% rule” and get intimidated, but at the end of the day it’s really about building enough room into the deal for profit, surprises, holding costs, and resale.

The numbers don’t have to be perfect on day one, but the margins have to make sense.

A lot of people look at real estate investing like they have to figure everything out alone.

That sounds great in theory until real money, real negotiations, and real problems start showing up inside a deal.

One thing Saundra touches on here is how much faster things move when you have experience around you. Not just funding, but people who’ve already been through the mistakes, the learning curves, and the unexpected situations that come with this business.

That kind of support can completely change how confident someone feels going into deals.