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Updated over 6 years ago, 04/27/2018
My First Omaha Wholesale Deal
Hello Bigger Pockets. I find myself diving into wholesaling and I have my first deal.
It is a 2 bed/ 1 bath home in the popular Omaha suburb of Gretna, NE.
I have a few questions for experienced wholesalers. How do I know how much I should look to make in profit? I don't want to be greedy and I just want some quick cash.
I estimate the ARV of the house to be around $120K. I used Zillow to look at what similar houses in the same area sold and that price was around $125K, but that was 2 years ago for three of them and there are no recent 2 bed comps in the area.
If Omaha investors would like to help me determine the ARV it would be appreciated.