General Real Estate:
Experience: What have you done, when & where?
Goals: What would you like to do in the Real Estate Industry?
In what areas do you require specific help or advice?
Financial Resources: How would you pay for a house and rehab?
Is there anything else that would be good for us to know?
Find (Acquisition)
How many properties have you looked at this month? This year?
Did you estimate the cost of the rehab? How?
Did you estimate the After Repair Value (ARV)? How?
How accurate are/were your estimates?
Fund (Finance)
How many lenders have you spoken with this month? This year?
Were they hard money lenders? Local banks? Mortgage Brokers/Agents?
Did you complete any lender application forms (1003, for example)?
Fund (Renovation)
How many contractors have you spoken with this month? This year?
Did you create a Scope of Work (SOW)? How many?
If you've already done a rehab, how did you determine rehab costs and contractor payouts?
Flip / Fill (Property Disposition)
Of the homes you rehabbed, did you perform an exit strategy analysis? At what point in the process?
What was / is your primary exit strategy and why?
What was / is your secondary exit strategy and why?
Is Lease Option a legitimate exit strategy for you? Why or why not?
