All Forum Posts by: Winniferd B.

Ok, so I've been driving for dollars for about a week or so now and found some properties that may be worth wholesaling. I've done the research on them and gotten contact info for the owners. Now my next step is to pick up the phone and call them, but I'm extremely nervous! I know I could probably send something in the mail but I really want to get the ball rolling AND step out of my comfort zone. How do you conquer this fear..do u just jump right in?

Is anyone familiar with the Century 21 training program here in Houston. They say with they're program you can get your real estate license in 2-5 days.

Which Title Company do you use?

Thanks for the advice!! I thought I should pass. It's just cutting it a bit close.

Selling Price 31K
ARV: 64K
Repairs: ~ 10k

I'm trying to wholesale this. What do you think?

In checking the rentals in the area I see that the properties are renting for about $800/mnth right now.

The property is located in Houston, TX

4bd 1/1ba

It's in a mixed area some owner occupant and some renters. The current owner said he's rented the place out for as much as 975/mnth.

He said he wanted 34k I'm trying to negotiate him down to about 30k or less if possible. The owner was/is an investor himself, but he's looking to get out. As his tenants leave he sells them off. This particluar house has been vacant for a couple of years and he doesn't want to deal with it anymore. He's doing no maintenance at all.

SFH

Sell Price: 34K (But I plan to negotiate for less)
ARV: 65K
Repairs 8-10K

What do you think?

I have access to MLS and that's what I've been using to determine the ARV. When trying to determine the ARV what should I be doing? What should I be looking for? I just want to make sure I'm doing it correctly. I'm currently wholesaling and marketing property to buyers and I just want to make sure I have the correct information.

I posted an ad on craigslist and backpage today with a deal, they weren't a fit for the deal I had, but I was able to add them to my list!!