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Updated over 5 years ago on . Most recent reply

User Stats

48
Posts
7
Votes
Richard Phan
  • Los Angeles
7
Votes |
48
Posts

Let's say you come across a potential property...

Richard Phan
  • Los Angeles
Posted

I'm a beginner and come across wholesale deals I see from being on mailing lists etc and would like to get some help on an efficient way to decide if I should put an offer or not. For example, I have a realtor I came in contact with for a city Im interesting in purchasing and they are willing to help me look at homes and send me properties. I see a few homes for sale from a wholesaler who has listed the ARV, comps, rehab estimates, rent etc. Do you normally shoot this info over to your realtor to get their input, or what specifically do you look at to run any numbers to see if it's an opportunity worth pursuing. I know the question might be a bit vague, but Im basically looking for any advice on how investors generally look at numbers for a potential rental, in my case (buy and hold).

TIA!

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