Great Wholesaling Article Will

[Michael DePratti]

I couldn't agree more. I've been wholesaling in Connecticut for 2 years now and come across many wholesalers that wanted to JV a deal with me. When I researched the numbers they provided, I found the ARV overblown and the repairs low balled to justify the asking price. I've always felt more comfortable being conservative with the ARV and over estimate the repairs to make the asking price accurately reflect a deal.
On the flip side, I've encountered weekend developers/investors that don't have their own crews who need to sub-contract all the work then tell me that my repairs costs are ridiculous.