New WholeSaler question

[Kyle Andrade]

How do you guys feel about a brand new Wholesaler taking on a partially burnt property?

What would be some key resources to use during this process ?

[Corby Goade]

Quote from @Kerry Noble Jr:

Quote from @Ned Carey:

@Kerry Noble Jr the key is knowing how the fire will affect the cost to rehab. The fact it has had a fire is irrelavant. The number that matters is how much will it cost to renovate. 

To you it maybe irrelevant.....in my market, there are people that won't touch anything that has had a fire. 

That's true in any market, but there are plenty of investors who will take on any project if the numbers work. 

The challenge here is having a good idea of the rehab costs and ARV- that's the true challenge for most wholesalers, the just don't understand the market and their contracts are terrible, they don't get buyers because of that, not the property itself. Price heals all wounds.