2-Day Value Play Properties Workshop

Taught by David Sanchez

Being a risk taker has huge advantages when you understand how to accomplish it successfully. Value Play Properties, which are apartments you buy in a distressed condition, can be an excellent reward for taking a risk. Distressed can mean poor condition, low occupancy or both.

Dave Sanchez has teamed up with Apartment Mentors to bring you a class you won’t find anywhere else that will teach you essential skills to learn how to locate, assess and purchase these properties.

You’ll learn how to define and place value on properties and how to perform property inspections to help you price repair costs. Dave, will also provide you with a quick analysis spreadsheet that can help you with your due diligence during this process.

Some of the things Dave will go over in his class are

  • Review Quick Analysis spreadsheet
  • Defining Value Play Properties
  • Partners/Deal Splits
  • How to Value Value-Add Properties
  • What Are Your Parameters?
  • How to Locate Value-Add Properties
  • Let’s Find a Deal
  • Due Diligence
  • Property Inspections
  • Pricing Repair/Rehab Costs
  • Making an Offer at a Fair Price
  • Professional Property Management
  • Renegotiate/Re-Trading
  • Contract Acceptance
  • Closing Now What?
  • Construction/Rehab Using a General Contractor
  • Construction Management

Not only will he show you how to assess, purchase and manage Value Play Properties, but he also invites you to bring live deals from your area to the class so that they can be analyzed with him right in class.

Workshop Location/Dates:
Denver – October 27th – 28th

 

Dave has been investing in single-family and Apartment rehab and resale properties (Fix & Flips and Fix & Holds) as well as other commercial properties for over 30 years. He specializes in Value-Add Properties and has acquired multiple Apartment complexes to rehab in the past 5 or more years. One example, Dave and his team purchased an 80-unit apartment complex in Emporia, Kansas. They remodeled the property, increased rents and lowered the vacancy rate in just 7 months. He purchased another nearby vacant, 96 unit property for only $311,000, put another $800K into it for upgrades and it’s now appraised for over $2.45MM. Click here for Dave’s full bio.