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Updated about 10 years ago,

Account Closed
  • Pearland, TX
4
Votes |
5
Posts

Wholesales in Houston, Tx

Account Closed
  • Pearland, TX
Posted

I am Extremely new to this, but a couple of questions.

1. How do you market to motivated sellers, and if you use post cards or letters how do you accumulate the mailing list. How do you know potential areas for motivated sellers, do you use bandit signs?

2. When sellers have foreclosure, liens or mortgage on properties how do you wholesale those, I am assuming most of them are selling for what they owe them for or a little bit over to make some profit?

3. How can I find out what a property is worth so I could make an offer? How to assess the cost of rehab, especially if I dont know what i am doing? Are there any friendly contractors that would help with that?

4. How do you know what equity a property has, since i dont know how to gauge that?

If anyone doesnt mind can they help provide some of the resources they use to get some of these things accomplished.

I am still confused on ARV? Does it really matter to a wholesaler?

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