Showing posts with label property investment form. Show all posts
Showing posts with label property investment form. Show all posts

Monday, February 2, 2015

Bird Dog Property Information Sheet

Here is a sample work sheet that "bird dogs," people finding property for an investor like me, might use to identify properties worth purchasing as fixers:



Birddog Property Worksheet

Rep: ______________________        Date ______________________    Picture #  _____________________

Owner: ____________________________________________       Phone: ___________________________

Property Address: _________________________________________________________________________
                                                                                                                                       
  County: _______________ Neighborhood _______________   # to Lf ______________  # to Rt ___________
                                                                                                           If address unknown:  when facing the property
Bedrooms _________     Baths __________  SqFt ___________   |    Vacant ____  Occupied ______    

Construction:  Frame: ____  Brick: ____  Stucco: ____  Block: ____  Other: _________    

Listed?   Yes / No   Agent: _____________________________________________________________


Inspection
Y
N
Costs (avg 1200 sqft home)
Repair Cost
ARV

1.
Does house need Roof


$ 2,500 avg

2.
Does house need Paint – Exterior


$ 1,000 for 1200 sqft

3.
Does house need Carpet / Linoleum


$ 1.7 per SqFt

x 70%

4.
Does house need Paint – Interior


$ 1.5 per sq foot

5.
Does house need Central A/C


$ 3,000 to add

6.
Does Kitchen need replacing


$ 1,500 avg

Minus Repairs

7.
Do Baths need replacing


$ 1,000 avg each  x _______

8.
Does house need Plumbing


$ 1,500 avg

9.
Do Windows/Doors need replacing


$ 150 ea installed  x _______

Equals Sales Price

10.
Does house have a lot of rotten wood


$ 500 avg

11.
Does Electric need upgrading


$ 1,500 new box

12.
Does garage door need replacing


$ 350 single $700 dbl

Minus Profit

13.
Foundation Problems


$ 500 avg

14.
Exterior Siding


$ 3,000 avg

15.
Sheet rock Need Replacing


$ 500 per room  x _______

MBP:
Buy Price

16.





17.





18.





Asking Price

19
Misc/Add in margin of error


20% of sub-total





Total $




Existing Mortgage Info

1st $ _______________ Lender _____________________ FHA/VA/Conv   ______% Pmt $ ___________  PITI?

2nd $ _______________ Lender ___________________________               ______% Pmt $ ____________
Payments Current?  _____ Yes  ______ No                $ ________________________ in arrears     
Will you sell the property for what you owe on it?  ______ Yes   _______ No

Notes/Offers:_____________________________________________________________________________
            __________________________________________________________________________________
__________________________________________________________________________________
            __________________________________________________________________________________
            __________________________________________________________________________________
__________________________________________________________________________________
            Happy Investing!!!