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Updated over 8 years ago,
Wholesaling
Hi. My name is Kenneth and I'm new to wholesaling. It's great to find BiggerPockets.com.
I have a question regarding repair estimations I was told by my guru to simply estimate on the basis of square footage example: 1500 sf $20k in repairs 2000 sf 25k, etc His course also mentioned doing a more detailed estimate
Then I've read the end buyers need a very precise estimate and even found a pretty good pricelist\checklist
But then last night I was talking to a rehab bet and they said just take detailed pictures and send them to your buyers and they will decide base on the pics They didn't need an estimate
So I don't know what is standard practice in wholesaling. Could someone help me?
Thanks in advance,
Kenneth