I am a licensed agent, have done Fix and Flips and Wholesale.

In the Wayne County Michigan area for a duplex that's renovated, what are cap rates in that area an investor would seem to look for? I'm thinking 7-10 cap, but with other investors' knowledge could you guys give me so...

That's why a lot of new wholesalers struggle when they first start.

Your deal finder (agent/wholesaler)3.

Becoming a wholesaler or investor friendly agent will give you skills in real estate investing that nothing else can. 

There's probably so much to this that it would be hard to summarize everything you need to know in a post like this...but here's some basic things I think you should know about:BRRRR SKILLS NEEDEDGenerally speaking you will need several things to successfully complete a BRRRR: ARV - being able to calculate the Value on your own (meaning, without the wholesaler telling you the value) is really important.

I'd love to help fund your deal the next time you need EMD funds or to Double Close on a wholesale deal.

Investment Info:Single-family residence wholesale investment.

Personally, I started out as a bird dog and wholesaler finding deals for other investors in single-family homes.

Came through a wholesaler where I was one of several bidders.