Section 4: Class Video: Part 2 – Example of Flip Comps in a changing market

*Please use the Facebook FLIP SCHOOL group for feedback on deal analysis**

VIDEO CONTENTS:

0:00 – Introduction

1:54 – Reviewing Comps

20:34 – Using the Fix and Flip Spreadsheet

***At 32:25 I reference the owners list price at $249,000 (when I meant to say $295,000, again referring to the listing we have been using as an example for the comping/calculations as if we were buying it, not the rehabbed property shown on screen. The listing we are using as an example to purchase was bought earlier in the year for $235,000 and now is listed at $295,000).

36:35 – Why these numbers are so important

*As of 9/26/2022 – the comp that was pending at 257k sold at $255k, while the new listing I highlighted is still active at went from a $249k list price to a $239k list price.