Rehab Valuator is really a real estate investing program that analyzes properties for flipping, wholesaling or renting. I had the ability to give it a try and provide my own personal Rehab Valuator Review. The Rehab Valuator is a superb tool and the lite version is absolutely free. It can help you estimate repairs, calculates financing costs, figure returns and profits. I am constantly authoring the expenses involved with flipping because so many beginners underestimate them. The Rehab Valuator program does a good job of figuring all the expenses for you personally and even figures the 70 percent rule, which many flippers go by.
I don't review many products on Invest Four More, because I only endorse products I believe in. I've tried out many products that I believed were without substance or extremely overpriced and you do not hear about those products, because I don't feel they deserve any publicity. I've tried out higher than a few real estate investing programs and most of them aren't worth the money. This is one of many few products that I feel may be worth the money.
What Is Rehab Valuator?
Rehab Valuator helps all types of real estate investors to analyze potential deals, including rehab and flip, wholesale, rehab and hold, buy and hold, and even those looking to purchase, rehab, rent, refinance and then repeat (BRRRR).
However it doesn't stop there. As well as analyzing deals and projecting costs and profits, users have choices for using the software to aid in marketing the deals to buyers as well as other investors. The program even offers a task management feature that enables users to record their budgets, transactions, bids, and costs all in a single place—and generate detailed reports.
Keep reading to learn more about Rehab Valuator's key features as well as how it stacks up against your competitors, in order to decide whether it is a useful tool for your real estate investments.
My Rehab Valuator review: Can it help wholesalers?
The Rehab Valuator has some wonderful features for wholesalers as well. There is a very easy program to find out what price a wholesaler would need to buy a house to sell it to an investor who'd flip the house. Enter the ARV, the repairs and the profit the wholesaler takes, and you receive the cost you can purchase the property. The sole issue I saw with this specific calculator was you can enter carrying costs and closing costs, which decrease the offer price even more. Within my experience, the 70 percent rule works and never having to enter holding or carrying costs as additional expenses. You can also adjust the 70 percent value to be 65 percent, 75 percent or whatever value you want.
Another great area of the program can it be generates detailed, professional reports that you could give investors who may want to buy the wholesale deal. You plug in the numbers for the repairs and other costs and the Valuator generates the report that could make you look like it absolutely was created by a professional. The additional information you can give the investor, the convenient they'll feel buying a house from you.
How Do You Use Rehab Valuator?
The Rehab Valuator website provides dedicated video tutorials targeting specific investment routes, such as flips or rentals. The program enables all investors to calculate the most offer they should make on any property, evaluate the cost of rehab and compare exit strategies.
You can also use the all-in-one platform to distribute your marketing materials and attract private money investors as well as buyers.
Conclusion
I believe the Rehab Valuator is a superb tool for flippers, wholesalers or buy and hold investors. The Rehab Valuator lite version can be acquired free of charge here. The lite version doesn't include every feature I described here, but it provides you with a good idea of the functionality of the program.
