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.