Magic bullet looks pretty sweet. It looks like its a suite of plugin's for the various editing software. Have you decided which one you're going to use? Ie. Final Cut Pro, Avid, Premier Pro?
Any videographers/editors here?
- Thread starter schockergd
- Start date
Magic bullet looks pretty sweet. It looks like its a suite of plugin's for the various editing software. Have you decided which one you're going to use? Ie. Final Cut Pro, Avid, Premier Pro?
Ended up going with Vegas, going to look at aftereffects to do some editing (Mainly adding text/banners to the videos to provide the watcher some info).
My hope tomorrow is that I can do a walkthrough example on a foreclosure in my area to show how I arrive at property values along with repair costs.
Here's a short little example I threw together on the first day w/ Vegas & the D5200. Disappointed in the focal length issues, most of it was shot with 18mm and the angles aren't wide enough for some of the small rooms.
[ame=http://www.youtube.com/watch?v=KpCN1aCqO-M]MillDemo2 - YouTube[/ame]
My hope tomorrow is that I can do a walkthrough example on a foreclosure in my area to show how I arrive at property values along with repair costs.
Here's a short little example I threw together on the first day w/ Vegas & the D5200. Disappointed in the focal length issues, most of it was shot with 18mm and the angles aren't wide enough for some of the small rooms.
[ame=http://www.youtube.com/watch?v=KpCN1aCqO-M]MillDemo2 - YouTube[/ame]
Yep.
1 episode a month - About 30min of the edited stuff dealing with a property or properties, start to finish. I'll take video of what all happens with the property - good or bad.
We'll start from the first process dealing with all properties (Finding it), then the negotiation phase, then closing phase, rehab phase, rental/cashout phase and document as much as possible. The biggest problem with all these TV shows dealing with real estate is that they're lying 90% of the time about the properties, or they're doing such poor rehab jobs the property will end in a lawsuit.
It's more of a video series of how to get rich slow, but get rich none the less.
Nice, I like it. Have you figured out a $ per sq. foot that is consistent? Like if you approach a realtor and she says this 1500 sq.ft. house is 59,000 you can gauge roughly the condition it should be in and from there know your cap on renovation costs to turn a profit? A $ per sq.ft. cap is something I would try to set so you can always be chewing it down. Then you can begin to work on $$ per sq.ft. reno costs. Put the sales price together with your sq.ft. reno costs and you have true costs. Can be estimated in about 30 minutes with a walk through once you can see the matrix.
I would say your biggest skill to develop is to think like water. If you were water how would you get in. Master that, or find someone who can see it to walk properties and you will save yourself some headaches.
I would be cautious of houses with that metal siding shit nailed over old siding, especially if there is large trees overhanging the house. Broke people cant trim trees, trees make shadows, shadows keep things wet, moisture makes mold even under siding. Temperature changes cause condensation under that siding and if it was put on by a moron it could be condensation onto sheathing causing mold. Then there is the lead paint under it, or asbestos siding to think about as well. Make sure you are familiar with the new lead laws.
Keep us posted, sounds like an awesome idea.
I would say your biggest skill to develop is to think like water. If you were water how would you get in. Master that, or find someone who can see it to walk properties and you will save yourself some headaches.
I would be cautious of houses with that metal siding shit nailed over old siding, especially if there is large trees overhanging the house. Broke people cant trim trees, trees make shadows, shadows keep things wet, moisture makes mold even under siding. Temperature changes cause condensation under that siding and if it was put on by a moron it could be condensation onto sheathing causing mold. Then there is the lead paint under it, or asbestos siding to think about as well. Make sure you are familiar with the new lead laws.
Keep us posted, sounds like an awesome idea.
Thankfully I've been a realtor for a little over 7 years now and can gauge repairs really quickly. The big thing will be showing people how to walk through a property and quickly come up with a repair estimate. The only hard part will be determining labor costs in whatever area you're located in.
I'm aware of the lead/asbestos/mold laws currently and the ones that are proposed. It's not too difficult to get waivers/remediation agreements so you don't get in too much trouble.