I just don't get wholesaling

[Tmkl Unise]

So I understand the concept of wholesaling and the process, but how do you identify a good deal? and the cost of any repairs... do I need to have the property appraised or inspected? Because I know very little about repair costs and judging all of hhis an

[J Scott]

General rule of thumb: walk through at least 100 houses in your purchase area that are for sale to get an idea of what condition they're in, how much they're listed for and ultimately how much they sell for. This will get you started understanding your specific market and buyers.

If you're wholesaling to landlords or flippers, get Intimately familiar with the formulas and analysis investors use to determine max purchase price and base your sale prices off of that.