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All Forum Posts by: Joseph Girsch

Joseph Girsch has started 2 posts and replied 4 times.

"There are quite a few assets on the market right now that I'd suggest for this strategy."

Suggest away please!

Hello everyone, this is my second question and I appreciate all the constructive feedback Iv'e received from the first post.

Iv'e been been constructing my first marketing flyer that displays pics and details of the subject property and its comps. I was recently informed that we are not allowed to use images found off the internet like zillow for the comps (I take my own subject property pictures). Is this true? If so, is there any sort of way to obtain permission or find an alternative source of comp pics for the flyer? Do pics of comp properties even help a buyer feel more secure about making a decision?

Constructive feedback for a self-admitting newbie is welcome. I would like to thank everyone ahead of time for their patience and time in responding to this post. 

FYI, a snippet of the flyer template I wanted to use is shown below:

Post: Appropriate amount of due diligence?

Joseph GirschPosted
  • Posts 4
  • Votes 0

Thank you tim! I find "what not to do" advice to be magnitudes more applicable than all the mixed signals on what's required. Very helpful!

HMB huh? Il check it out. 

Thanks for the 2nd lydia! Im pleasantly surprised at the speed of responses!

Post: Appropriate amount of due diligence?

Joseph GirschPosted
  • Posts 4
  • Votes 0

(Question up front): Am I helping my potential buyers by emailing them my 'Comp Grid' document for the property or am I setting myself up for liability by showing them my ARV estimations?

Hello everyone,

I am a new wholesaler in the Maryland area. Iv'e acquired a decent list of addresses and am about to send out my first mailers (super nervous of course!). Before that, I practiced performing comp analyses and repair estimations on deals other investors have done and compared my results with their real life numbers to see how close I got and adjust (shutout to Marcus at Baltimore Rehabber Pro). 

These tasks led me to construct a spreadsheet based "ARV Grid" where I assign a value to differing details of otherwise similar properties (for example, I would adjust a comp with a deck for~$8000). A quick snipped below is one such example.

Which begs my question for experienced wholesalers - Am I helping my potential buyers by emailing them my 'Comp Grid' document for the property or am I setting myself up for liability by showing them my ARV estimations?

Thank you so much everyone for your constructive input. This is my first post and I am so very happy to join the community.

Joe 

PS:
I have a nearly identical question for showing a buyer the scope of work I made to estimate repair costs. Should I show my buyer how I arrived at these estimations in addition to sending them a link of all the pics/video I made of the property?