Updated over 4 years ago on . Most recent reply
Estimated repair value
So im just starting out learning the wholesaling business and my question is how do you know how to estimate a house for repairs to make a offer? If I'm not use to what things cost how would I know?
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@B Lacy the first step is to accurately determine WHAT needs to be fixed. From there determine the quantities (units) and quality of what needs to be fixed.
When you have this data in hand, ask 3 or 4 contractors to provide their bids. Be sure to have them base their quote on the same data to ensure that you are getting “apple to apple” proposals.