Looking for Austin wholesaler

[Jameson Reid]

A BP member recently told me about an Austin wholesaler he heard about who had been in the business a long time and offered an ARV guarantee. Unfortunately he couldn't remember the name. I've tried to locate them but haven't been able to. I think they were on a BP podcast episode. Any suggestions?

[Alex G.]

I am curious how one would define a "guaranteed ARV." At any given time in the same subdivision we may have similar size and age homes being remodeled and sold. Yet there is a substantial end price differential from one remodeler to the other. This is usually due to a different level of the finish out and overall quality of work.

In a $500K price range, these end prices could vary by $50K-$80K. What I most often see is wholesalers advertising houses with the highest ARV that you could find in MLS, while not having enough margin to allow for a corresponding high budget to get the project to that highest ARV level.