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Updated about 5 years ago on . Most recent reply
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Running numbers on a property package deal
I am wholesaling a property in Pensacola Florida an I thought I had a decent deal but I spoke with a cash buyer and they said I was about 50% above the price that “makes sense”. I want to be of value to the market and obviously the investors in the market but I don’t want to be taken advantage of either.
1. How do I run comps correctly to get a good idea of where I should be.
2. What the best way to market your inventory to your buyers?
P.S. I’m thankful for all advice and input. It is greatly appreciated!
Most Popular Reply
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@Kevin Jones if you are in Pensacola tonight go to the Professional Investors Guild Meeting and talk to some investors and wholesalers. You could probably even partner with one of the better wholesalers to get your deal out there if you don't have a local network. If thats not an option or its just not something you want to do, send me an email with the numbers and whatever other info you can share. I sell a lot of income producing property locally and I'm sure that I can help you put a value on it and probably introduce you to some potential buyers. Congrats on getting a package deal together!