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Updated almost 12 years ago on . Most recent reply

Account Closed
  • Real Estate Investor
  • boston, NH
32
Votes |
401
Posts

how to wholesale without ever looking at house

Account Closed
  • Real Estate Investor
  • boston, NH
Posted

are there ways to wholesale houses without ever looking at the property? how would i figure out repair costs

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Aaron Mazzrillo
  • Investor
  • Riverside, CA
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Aaron Mazzrillo
  • Investor
  • Riverside, CA
Replied

I sell to just a few power players in my market. I know what their average per square foot rehab costs run. I use that number times the square foot of the house. Some houses need more work, some less, some right on budget. If you only sell the person one house, it might be a sour deal because the condition is much worse than your average budget deducted from the equity, but when you're selling them a dozen or more houses a year, the law of averages works in your and their favor. 

Know your market. Know your buyers. Know your numbers. Know your buyer's numbers.

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