WHOLESALING TO INVESTORS CHALLENGES

[Anissa Olivares]

Question:

From an investor perspective, what exactly are  you looking for when dealing with a wholesaler?

I have had feedback that "wholesaler are useless" I personally like to work closely with investors and build relationships to deliver properties that are true investments. I want return and repeat buyers/investors.  I would like to hear all and any feedback on wholesaling. 

THANK YOU 

[Chris Seveney]

@Anissa Olivares

Here are some reasons why investors will say that:

1. Property was on mls and just marketing it

2. No interior pictures

3. No description of work to be done

4. No comps or non relevant comps

5. ARV is inflated.

6. Awful deal or no profit. Ie. Wholesale for $100k +$20k wholesale fee and $50k repairs ARV is $190k. Make $20k - no you don't make $20k on that deal…

The more information you can provide the better off, for example providing a summary of repairs work as a rental vs as a flip.

Right now I get wholesalers who have never visited a property but then tell me the cost of repairs is accurate….