Is there a way to figure out why his sales are declining?

I appreciate the invite, though, and the offer of BBQ.My point is that if people are still buying and selling houses in your town then I guarantee you that wholesaling could be done profitably in your town.Deals are slim pick'ns in every town . . . until you figure out a system to find them.

I am trying to figure out the best way to get started but have little cash.

The tax assessed value was not a factor in my purchase of the property, other than figuring how much I would have to pay for taxes each year.

By looking at the recent sold property I can figure out how much they would go for.I want to offer 60-70% FMV value for these properties.

Keep in mind normal newbie mistakes are figuring too low on repairs, figuring repairs to be done too quickly, figuring too high of an ARV, and figuring too quick of a sale time.

The tip is already figured in I assure you.

take these #'s for exampleARV=200KPurchase price of home = 100KAfter figuring all of the soft, closing, title, taxes, insurance, points paid, Interest for 1 year and the draw interest...I calculated that you would have around 17K to work with in rehabing the home within the loan and you may have to come out of pocket to finish it.... and you haven't even paid the sell side closing costs and broker fee.Just my $.02

From here, you can figure a estimate on how much usable land there is.Im sure there are other small things, but this is what i like to see when scoping a new property.

A few times a year I'll call one or two of them, give them my numbers then sit and chuckle (to myself) as they hem and haw and try to figure out how to use their calculator and come up with a price.BTW, I've been a RE investor for close to 30 years, I've bought a few seconds (desperate sellers who needed the money to put up their noses) and a couple of firsts.