Spot property
Record the address, visible distress, occupancy clues, and photos from the street.
Driving for dollars gets you an address and an owner; it does not tell you whether the deal works. To underwrite a driving-for-dollars lead free, pull the ARV from three recent sold comps, price the rehab room by room, then run the Max Bid, Rehab Cost, and Wholesale MAO numbers before you send a single mailer.
Record the address, visible distress, occupancy clues, and photos from the street.
Pull assessor records and three recent sold comps before outreach.
Price visible repairs and leave room for unknown interior work.
Run Max Bid, Rehab Cost, and Wholesale MAO before one mailer goes out.
| Input | Example | Decision |
|---|---|---|
| ARV from comps | $240,000 | Use recent sold comps, not active listings. |
| Visible rehab reserve | $52,000 | Add contingency for unseen interior work. |
| Target buyer margin | $38,000 | Protect the next buyer or your own flip spread. |
| Offer ceiling | $134,000 | Mail only if the seller conversation can land near this number. |
Check ARV, repair scope, owner record, live distressed supply in the ZIP, and your max offer before spending on mail, calls, or skip tracing.
ARV, rehab budget, holding costs, selling costs, assignment fee or target profit, and the maximum offer all matter before outreach.
Use free underwriting first. Paid software can help with routing, teams, and outreach once the channel already works in your market.