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Updated over 7 years ago on . Most recent reply

User Stats

16
Posts
7
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David S.
  • Bloomington, IL
7
Votes |
16
Posts

The biggest turn-offs I notice when people market property

David S.
  • Bloomington, IL
Posted

Everyone has a pet peeve or two. These things almost instantly turn me off when reading details about a property:

1) Exclamation points - I see this as an attempt by someone to fester excitement

2) Listing the cost to rehab a property - Those are your numbers...not mine. At least write "estimated rehab cost" as a disclaimer

3) Listing the After Repair Value - Again, your numbers...not mine. If you didn't start or finish the rehab, then that means you haven't gotten it appraised. Sure you can base it off comps in the area, but each piece of land is different. This rule applies even if two properties are side by side. 

Just my two cents.

Most Popular Reply

User Stats

1,374
Posts
913
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Adrien C.
  • Property Manager
  • Griffith, IN
913
Votes |
1,374
Posts
Adrien C.
  • Property Manager
  • Griffith, IN
Replied

this thread is a waste of time. For everyone like you, there's 10 who want an estimated rehab and ARV. It's nice getting a property that someone sends me to have 4 pieces of info: asking price, ARV, rehab estimate, and pictures. That allows me in 2-3 mins to decide if the deal is worth going to see in person to come up with a true rehab and ARV. If any of those 4 pieces are missing, it usually isn't worth my time.

  • Adrien C.
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