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Updated over 5 years ago,

User Stats

128
Posts
34
Votes
Mahmoud Y. Elhalawany
  • Real Estate Consultant
  • Raleigh-Durham NC
34
Votes |
128
Posts

Do you guys create a scope of work for your wholesale deals?

Mahmoud Y. Elhalawany
  • Real Estate Consultant
  • Raleigh-Durham NC
Posted

Hello there, I was wondering if it was customary for a wholesaler to create a line by line scope of work for a property under contract that is signed off on by a GC before passing it off to a flipper/rehaber. Do any of you guys do this? Is it advisable? I heard someone on the podcast talk about doing that and it struck me as being potentially advantageous/sets us apart from the competition. Do any of you guys do this and if so what are some tips for getting a contractor to regularly provide and sign off on these SOWs? How much should I pay them to do this?

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