Wholesalers and Rehab Costs

[Quintinn Payton]

Hello Everyone, 

This post is strictly being utilized as a form of constructive feedback for both new wholesalers and people that may be interested in becoming wholesalers. Throughout the past week I have read a few discussions that pretty much have spoke negatively about wholesalers; more specifically new wholesalers. The problem has been stated that new wholesalers have been pretty horrible at estimating rehab costs when it comes to properties in an effort to quickly close a deal and try to get a large assignment fee in the process without doing true due diligence on the property. Is it a better idea to get a contractor to estimate rehab costs or should the wholesaler just take the time to do the necessary due diligence on the property when it comes to rehab costs?