Property
Current rents, vacancy, expenses, taxes, condition, deferred maintenance and the capital required to stabilize the asset.
How we see an opportunity
Our approach
A property is more than an asking price and a projected resale value. We look at the economics an investor will actually inherit: current income, operating costs, condition, work required, financing and risk.
We also try to understand the circumstances around the transaction. Sometimes the gap is price. Sometimes it is timing, terms, condition or structure. Sometimes there is no workable gap at all.
The objective is not to force every opportunity into a deal. It is to understand what is actually there.
The diagnosis
Current rents, vacancy, expenses, taxes, condition, deferred maintenance and the capital required to stabilize the asset.
Ownership and listing history, timing, occupancy and the practical circumstances that may affect how a transaction can be structured.
What an actual investor can support after rehabilitation, operating costs, financing, risk and required return are accounted for.
What catches our attention
2–4 unit properties, vacancy, below-market rents, deferred maintenance, unfinished work and assets with a credible path to stabilization.
Price reductions, longer market exposure, failed contracts, relists, changing circumstances and owners open to practical terms or alternative structures.
Transparency
IScoutDeals operates as a real estate wholesaler and works with investor buyers.
Depending on the opportunity, a transaction may involve an assignment of contractual interest or a double close. We prefer to be clear about that from the beginning.
We do not start with a generic “70% of ARV minus repairs” formula and work backwards to justify a low number. We start with the property and the end buyer economics, diagnose where the gap actually exists, and price accordingly.
Opportunities
Send the address and whatever information you have. We'll take a look at the economics and determine whether we see a credible path forward.
jonathan@iscoutdeals.com