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Updated almost 4 years ago on . Most recent reply

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Damaris Mack
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What would you look for in a report coming from a wholesaler?

Damaris Mack
Posted

I'm trying to get into wholesaling and would like to know what info a potential buyer would look for in the report.

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John Teachout
  • Rental Property Investor
  • Concord, GA
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John Teachout
  • Rental Property Investor
  • Concord, GA
Replied

All of those would be helpful but something such as "rehab costs" I've found to be pretty inaccurate. A list of rehab items may be more useful. Just as in many flips, ARV tends to be inflated and rehab costs seem to be underestimated. Nowadays with the shortages and huge price increases on some building materials I don't even know how someone other than a contractor could supply a meaningful estimate.

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