Updated 13 days ago on . Most recent reply
Can't Find Buyers For 8 Properties Under Contract
I currently have 8 properties under contract (6 in Arizona and 2 in Detroit) but I can't find buyers.
Most Popular Reply
- Property Manager
- Royal Oak, MI
- 8,418
- Votes |
- 11,774
- Posts
Post them here under Classifieds Forum (otherwise you may get suspended) and under Marketing area.
NOTE: my personal expectations from a Wholesaler are:
1) Don't exaggerate ARV - show me comps
2) List ALL the needed repairs
3) If you provide Estimate for rehab, do NOT lowball
4) Share current property taxes & what they will be AFTER purchase re-assessment
5) Accurate insurance estimate
6) Plenty of pics
If you want to sell to landlords to add to their portfolios, include:
1) Comps for ARV rents
2) A Google Sheet (to allow me to play with the numbers) similar to BiggerPockets Rent Calculator, showing mortgage amount ARV rent will support
Is that a LOT of work? 😬
Yes!
Think about how much work an agent puts into a listing:
1) Comps to determine listing price
2) Professional pics
3) Well written descriptive ads
4) Brochures & flyers
5) Hours upon hours of showings and reviewing offers
Too many Wholesalers want to do minimum work for a max payout😫
- Drew Sygit
- [email protected]
- 248-209-6824



