Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
Wholesaling
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 7 years ago on . Most recent reply

User Stats

29
Posts
22
Votes
Peter Mac
  • Rental Property Investor
  • Irvine, CA
22
Votes |
29
Posts

Wholesaling out of state

Peter Mac
  • Rental Property Investor
  • Irvine, CA
Posted

Hi everyone - I am based out of California but would like to wholesale out of state. As a wholesaler, I would provide the ARV, repair estimate, and purchase price to my cash buyer investors.

In order to get the repair estimate, I will have to send a general contractor (GC) with experience into the property to do the bid (so I don't have to be there). However, I want to make sure my GC benefits in some way - either I pay the GC for each bid they do, or they get the rehab job. If I am just wholesaling, I will not be able to offer them the rehab job for the current property because it is up to the end buyer to decide who to hire for the rehab.

What I can offer to my contractors is money for their time and effort.

For the experienced wholesalers out there, how do you make sure your GCs are taken care of? Do you pay them, if so what's a good price, and how do you determine that?

Or what other ways do you make sure that the contractor benefit in some way? I've heard another person tell me that he would give them a future job in the area.

Thank you for reading.

Loading replies...