All Forum Posts by: Christopher Courter

@joaquin Rosario,

I've tried using the calculator that is on BP and Im not sure If I am using it correctly. Right now I have what the asking price is, what the yearly income is and the taxes on the property. I just want to be sure that is enough information i need to use the calculator!   

Does anyone know how to evaluate a cashflow rental property before trying to wholesale? I am talking to a lady about two cashflow properties that she wants to sell, so she can move up to a larger multi-family! she and I have talked about my interest and she understands that I am a wholesaler. I am trying to crunch the numbers to find out what would be a good offer. I've been looking for a ROI for cashflow rentals and what would make a great offer to the seller, as well as add my assignment fee. If anyone can shed some light on this subject, it would be greatly appreciated!

Hi, I'm pretty new to wholesaling and I have the basic idea of how the industry works, but like anything new, I am having a little trouble finding a start. I want to start driving for dollars, craigslist, etc. But, my area is pretty big to find a good area to get out and start hitting the pavement. I can feel a deal is going to pop up as soon as I step my foot out the door to find something. I guess Im just having a couple of small doubts. any advice would be great help!

Thanks!

I have a 7.59 acre lot that has been fully developed and subdivided into 37, .25 acre lots. Each lot is developed with running water, sewage, and electric. The property sits on a prime location, just off the main highway that is a direct 15 min drive from the two major cities in the county with an up and coming market. There are already three house that have been built and sold.