2d ago (edited) in Tips
4 Moves Challenge Day 2 Recap
Hello Family,
I hope you all had a great day— I really enjoyed yesterday’s session with and several others during our deep dive into running numbers and building confidence as a real estate investor. 🔑
Here’s a quick recap of the key takeaways from yesterday’s discussion:
• ARV Accuracy: Use tools like Propstream to calculate your ARV, but always double-check with local realtors to get a second opinion.
• Rehab Costs: Double and even triple-check your rehab numbers to avoid costly surprises down the line.
• Rental Pricing: Tools like RentoMeter.com are great for confirming local apartment rental prices and ensuring your numbers are realistic.
• Proforma Efficiency: A proforma is your best friend—use it to run your numbers quickly and efficiently in minutes, not hours or days.
Remember, running accurate numbers is the foundation of making smart investment decisions. Keep practicing these skills and using these tools, and you’ll build the confidence you need to succeed.
Let me know your biggest takeaway from this info or drop any questions in the comments—I’m here to help! 💪
Let’s keep the momentum going into Day 3! 🚀
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Robert Nichols
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4 Moves Challenge Day 2 Recap
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