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Updated over 6 years ago on . Most recent reply

Why aren’t my numbers working?
So I just started wholesaling virtually. Currently have 3 properties under contract and getting no real bites. Is it because numbers don’t work or marketing or both?
Property 1- ARV 90k
Repair 20k
Asking 52k
Single family 3/bd 2/ba 1700sqft
Property 2-Arv 58k
Repair 20k
Asking 29k
Single family 3/bd 1ba 1400sqft
Property 3-ARV 190k
Repair 2k
Cash flow 2400k
Two units . One has 4 bd 1 ba one has 3 bd 1 ba.. both rented . Asking 170k
Are my numbers off?
Most Popular Reply

ARV $90,000
- *% Sales Cost $7,200
- Purchase Price $52,000
- Closing Costs $3,000
- Rehab Costs $20,000
That leaves Best case scenario if your ARV and rehab costs are correct at $7,800. These are numbers that will likely lead to a loss if someone bought it.
- Russell Brazil
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