All Forum Posts by: Christopher Aleman

View report

*This link comes directly from our calculators, based on information input by the member who posted.

Hey Tim, I hope all is well brother! I just acquired this property as a wholesaler down in Naples, Fl. If you're interested in taking a look, there's a lot of equity in the deal. If not, keep me in mind, maybe we'll work together in the future! -Chris 

Hey Sarah! Congrats on getting started! I just acquired my 1st property as a wholesaler down in Naples, Fl. Keep me in mind, maybe we'll work together in the future! -Chris

@Alexis Thank you as well. I'll keep that in mind for my posts moving forward. :)

@Tasha Thank you for responding! The warranty deed tip helps a lot! Now, how would I come up with my offer price for the seller? Would it just be an average of the comparable minus repairs? 

Hello all!

So I just made my account on here and wanted to jump right in if I may....

I've been looking into wholesaling for the past week, watching videos, reading articles, etc. I've even looked up properties on my local tax assessor's website to find homes with different mailing addresses to get a feel for (what I believe) I would be doing on the daily to find deals.

Today, I was driving around my area and found a house that looked vacant and abandoned; tall grass, bordered up windows.. I immediately took a pictures and jotted down the address and looked it up on the tax assessor's website and see it was sold two years ago to "Daylight Capital LLC" which seems to be some investors..

My question is, if in fact the home is owned by current investors, what are my chances of them wanting to sell the home at a low price, and what formula should I use to know my "starting" offer price?

Also, do I consider the land and the building's assessed value in my offer price? This property in particular was valued at 73,000 (land) + 37,723 (building), but was sold for $23,400 two years ago. I'm a bit confused.

Sorry if I'm all over the place, or getting ahead of myself. ANY HELP IS APPRECIATED. 

Thank you to anyone who responds...

-Chris Aleman