Updated almost 8 years ago on . Most recent reply
what info can i expect from listing agent
I am a newbie REI and starting to analyze more and more deals. I finally found a 4 Plex with promise through a local wholesaler. Without getting into a debate about whether to use a wholesaler or not, what information (in general) should I be able to ask of the listing agent?
For example, this place is half rented so I'd at least want to know the current rent rates and probably even the past years revenue. What else would you as for before trying to figure it out on your own or draw up some assumptions?
thx BP community!
Most Popular Reply
@Jeremy Cortese This house is listed? Generally, but not always, a wholesaler that is trying to sell you a house that is on the MLS is not a very good wholesaler. And if they don't have the information that you would ask of the listing realtor, they are definitely not a good wholesaler.
Since your question is so broad, I'll ask you a broad question. What makes you think it is a good deal?