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Updated over 5 years ago on . Most recent reply

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Christopher Sparacino
  • New to Real Estate
  • Sarasota, FL
49
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75
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What determines a good deal?

Christopher Sparacino
  • New to Real Estate
  • Sarasota, FL
Posted

I'm a wholesaler, I'm pretty much new to the real estate game, haven't closed my first deal yet, been at it about a year and half. I'm just wondering, and I know this is a loaded question, perhaps I am overthinking, but what makes a good deal? I know the numbers have to be right, and the location also has to be good, but what would you determine to be a good deal?

I'm asking because I realize to be a successful wholesaler, you have to understand the flipping aspect if you want to be successful.

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Ned Carey
  • Investor
  • Baltimore, MD
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Ned Carey
  • Investor
  • Baltimore, MD
ModeratorReplied

@Christopher Sparacino The numbers will tell you if it is a good deal. We are in an appreciating market. It is tough to find good deals. 

My guess is you either are not looking for deals in the right way or places OR you are being to conservative. 

  • Ned Carey
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