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Updated almost 15 years ago on . Most recent reply

Account Closed
  • Private Money Lender
  • Oklahoma
32
Votes |
163
Posts

Assessing property rehab cost without inspection?

Account Closed
  • Private Money Lender
  • Oklahoma
Posted

When wholesaling a property to your prospective buyers, how are you able to estimate the rehab cost to them (and for yourself) so that they have the general idea of what it will cost and their ARV without having performed an inspection which your buyer does? Or do you do an inspection as well before you report your figures?

Most Popular Reply

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624
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Peter Giardini
  • Rental Property Investor
  • Baltimore, MD
559
Votes |
624
Posts
Peter Giardini
  • Rental Property Investor
  • Baltimore, MD
Replied

Instead of focusing on costs when speaking to the end-buyer investor, I recommend that a wholesaler talk to the things that need to be repaired/renovated and let the investor decide what the costs will be.

Best of luck!

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