All Forum Posts by: Joseph Toni

To be clear, I am running comps to help calculate the ARV.

Also, how should I go about coming across comps with Pools or an additional building (Morton building)?

Hey BP crew!

I just want to know the rules that are relevant to finding comps for a subject property in 2024. I heard experts from YouTube say +-200 sq ft is how you find a comp for a subject property. I have also been told in person by an individual that is a licensed Realtor that it is +- 600 sq ft.

Can someone give a thorough explanation on the rules to finding comps?

Unfortunately no, I came across an article that states that Georgia doesn’t have a redemption period. 
 

https://morganlawyers.com/explaining-process-georgia-home-fo...

I just realized that she has like 3 vehicles on her property. She only uses 1, the other 2 are not actively used for driving. So do you think I should get her to sell the 2 vehicles that she doesn’t use to help cover her back taxes?

Hey guys, this will be my first wholesaling deal. I am literally in a sticky situation with the seller because she owes some back taxes on her property. The thing is, she has until the 2nd of July to pay her back taxes, and if she is unable to pay by July 2nd, she will have to file for tax bankruptcy. I was wondering if you guys have any solutions to avoid the mess of having her file for tax bankruptcy? By the way, she owes $16,000 in back taxes.

Also, the seller wants me to set the closing date on the contract to June 28th instead of our original closing date, which was August 17th, because she wants to receive the money in a timely manner to pay her back taxes. Another thing she told me was that she would like to stay an extra 30 days after the closing date, meaning that she would like to move out on the 28th of July.

Any thoughts and suggestions as I navigate what seems to be an obstacle as a new wholesaler?