Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
×
Try Pro Features for Free
Start your 7 day free trial. Pick markets, find deals, analyze and manage properties.
All Forum Categories
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

All Forum Posts by: Del Davis

Del Davis has started 2 posts and replied 2 times.

Post: Newbie looking for advice with wholesaling

Del DavisPosted
  • Posts 2
  • Votes 0

Hi there! I'm Del. I'm currently a student in college trying to get started in real estate investing. I've been trying to find the best way to start my investing journey. From what I've learned, it seems like wholesaling is the best option for me.
However, there are a few things I don't understand. One thing I'm unsure about is figuring out the ARV of a property when there aren't any good comps.

For example, there are a few properties I've seen that look like a potential deal. However, the homes around it haven't been updated (at least from what I can see). How do I go about finding what the property could be worth once it's fixed up?

If someone could answer this for me, it'd be super helpful! I'd also appreciate having someone who could give me other types of advice as well. 

Post: Obstacles in Wholesaling

Del DavisPosted
  • Posts 2
  • Votes 0

Hi everyone, I'm Del! I'm a first-year student at The University of North Carolina in Charlotte, and I want to start wholesaling. I've done a good amount of research on my own, but there's an obstacle that I'm facing. Currently, I do not have a car, so I don't have consistent transportation. I know it's important to view the property to estimate the rehab cost and to take pictures. But since I don't have a car, I'm unable to be on the property.

I talked to another wholesaler, and she told me that I could send a few contractors to estimate the cost and hire someone to take pictures. All the paperwork can be handled through DocuSign. So, basically, she's saying I don't need to be physically present.
What she told me sounds like a good idea, but I want to get another opinion. Any suggestions on how to handle my situation would be greatly appreciated!

Also, any other advice would be helpful too. Thanks!