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Updated over 7 years ago on . Most recent reply

Bradly Wortham's profile image
Bradly Wortham's profile image
Bradly Wortham
  • from Boulder, Colorado
  • Member since May 1, 2015
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Bradly Wortham's profile image
Bradly Wortham's profile image
Bradly Wortham
  • from Boulder, Colorado
  • Member since May 1, 2015
Connect
Bradly Wortham
  • Boulder, CO
1
Votes |
8
Posts
Real Estate Deal Analysis & Advice

First Wholesale Deal Evaluation

Bradly Wortham
  • Boulder, CO
Posted

So I made contact with a person who has 100 equity in the property who owns it as a rental, They have been managing from long distance and want to sell. The stats are 

Sellers price $49,000
Square feet 960

Tax Assessor value $10,842

Rent estimate $550

Im having a hard time figuring out a fair offer, as comps on this street range from 25k-52k  using zillow How would you proceed? 

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