All Forum Posts by: Del Davis
Del Davis has started 2 posts and replied 2 times.
Hi there! I'm Del. I'm currently a student in college trying to get started in real estate investing. I've been trying to find the best way to start my investing journey. From what I've learned, it seems like wholesaling is the best option for me.
However, there are a few things I don't understand. One thing I'm unsure about is figuring out the ARV of a property when there aren't any good comps.
For example, there are a few properties I've seen that look like a potential deal. However, the homes around it haven't been updated (at least from what I can see). How do I go about finding what the property could be worth once it's fixed up?
If someone could answer this for me, it'd be super helpful! I'd also appreciate having someone who could give me other types of advice as well.
Hi everyone, I'm Del! I'm a first-year student at The University of North Carolina in Charlotte, and I want to start wholesaling. I've done a good amount of research on my own, but there's an obstacle that I'm facing. Currently, I do not have a car, so I don't have consistent transportation. I know it's important to view the property to estimate the rehab cost and to take pictures. But since I don't have a car, I'm unable to be on the property.
I talked to another wholesaler, and she told me that I could send a few contractors to estimate the cost and hire someone to take pictures. All the paperwork can be handled through DocuSign. So, basically, she's saying I don't need to be physically present.
What she told me sounds like a good idea, but I want to get another opinion. Any suggestions on how to handle my situation would be greatly appreciated!
Also, any other advice would be helpful too. Thanks!