Whole selling.

[Sandy Paris]

Ok I have a question. I have been looking at properties that need to be renovated at reasonable asking prices and am a little confused on when finding a buyer what price do I ask for in the end. I know I have to guess what the reno would cost, what I want out of the deal but I know there is more monies to consider so what monies am I missing and do I make an offer on the property and how do I do a contract if the seller is willing? I am sure i have more questions that are not coming to me right now. I am grateful for any help from any of you.

[William T.]

@Sandy Paris Good morning, Let's do a couple things first...

1. Have you read the BP Beginner's guide for new investor's?

http://www.biggerpockets.com/real-estate-investing/education

2. How do you know the property is a good deal?

3. Have you read through the forums on how to evaluate value of a property?

4. Being new in real estate can be scary, do you a mentor for real estate investing?