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All Forum Posts by: Demetrius Lee Gilbert

Demetrius Lee Gilbert has started 1 posts and replied 2 times.

Post: Minnesota Wholesale Real Estate

Demetrius Lee GilbertPosted
  • New Brighton, MN
  • Posts 2
  • Votes 0

@James Hamling

I'm not 100% sure what you mean by that but if you're asking for numbers I only have general ones. I'm finding SFH's under market value 50k-60k for the neighborhood but 100+k below City Market value (If that makes sense, with my lack of experience I may not be using the proper wording or terms.) Without inspection and with some nearby similar comps, I can their estimated ARV will be worthwhile to and Investor. Which is a lot easier saying than doing. Without experience, I don't have solid evidence that I'll find a buyer on these deals.

Post: Minnesota Wholesale Real Estate

Demetrius Lee GilbertPosted
  • New Brighton, MN
  • Posts 2
  • Votes 0

Hello! I’m relatively new to the Real Estate world and I’m partnering with an associate in hopes to get involved in the Market/ close deals. I’m just getting over a reading and studying binge on Wholesale Real Estate and I’m now ready to further my knowledge with real experience in the field. My question is, what is most appealing to buyers/ investors for Quick Turnovers? My partner and I have found multiple Below-Market distressed homes with excellent Comps. There’s still the feeling that there’s still much more to learn though. I essentially want to know what it is (Generally/Specifically) that makes a home a “Diamond in the Rough” and what makes it something appealing for a quick turnover?