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Updated almost 12 years ago on . Most recent reply

User Stats

35
Posts
3
Votes
Sandy Paris
  • Rockford, IL
3
Votes |
35
Posts

Whole selling.

Sandy Paris
  • Rockford, IL
Posted

Ok I have a question. I have been looking at properties that need to be renovated at reasonable asking prices and am a little confused on when finding a buyer what price do I ask for in the end. I know I have to guess what the reno would cost, what I want out of the deal but I know there is more monies to consider so what monies am I missing and do I make an offer on the property and how do I do a contract if the seller is willing? I am sure i have more questions that are not coming to me right now. I am grateful for any help from any of you.

Most Popular Reply

User Stats

336
Posts
54
Votes
William T.
  • Wholesaler
  • Saint Louis, MO
54
Votes |
336
Posts
William T.
  • Wholesaler
  • Saint Louis, MO
Replied

@Sandy Paris Good morning, Let's do a couple things first...

1. Have you read the BP Beginner's guide for new investor's?

http://www.biggerpockets.com/real-estate-investing/education

2. How do you know the property is a good deal?

3. Have you read through the forums on how to evaluate value of a property?

4. Being new in real estate can be scary, do you a mentor for real estate investing?

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