Over the past 38 rehabs, we've averaged $26,470 on rehab (labor and materials).That said, the average is pretty meaningless here -- to give a more informative breakdown:- 5 of those "rehabs" entailed spending less than $1000 (wholesale deals);- 3 of them were over $1K but less than $10K;- 12 of them were over $10K but less than $20K;- 4 of them were over $20K but less than $30K;- 7 of them were over $30K but less than 50K;- 6 of them were over $50K but less than $100K;- 1 of them was over $100K.As you can see, they're really all over the map...

sounds like a problem any wholesaler would love to have - no competition and a bunch of cash buyers. if that's how you got it, I would highly recommend getting with a RE attorney to write up some assignment contracts and go out and knock on doors and send out mailers to find sellers.

Wholesale the property to someone else: Check your Buyer's list and see if anyone is interested.

The commission here is 6%, so that means as a wholesaler I have to know that the investor buyer I sell the house to has enough room in my price for this.

Are you looking to wholesale, get into the rental market or flip properties?

Do you necessarily have to find owners with equity to wholesale?

@Chris MasonsHey Chris, i have not worked in New Jersey, primarily Long Island.

I feel your pain, I ran a conventional REIA but was kind of sick of the whole sales thing myself, even though that's how we made our operating budget.It takes a lot of work to find a venue willing to give you free space, that is located appropriately, and that is large enough.

As I wrote in another post this evening on a thread where there was intent to wholesale: How do YOU plan on getting paid in this deal?

It was a wholesale deal and he brought buyers to the table who eventualy enabled us to close the deal.