Or at minimum, use a $/sqft estimate based on the rehab level needed (light, medium, gut) for your market.The best wholesalers I work with consistently do their own comp analysis before presenting a deal.

𝐈𝐭'𝐬 𝐫𝐞𝐬𝐞𝐭 𝐭𝐨 𝟐𝟎𝟏𝟏 𝐥𝐞𝐯𝐞𝐥𝐬.The latest Pending Home Sales Index, (2011 = 100), just hit 71.Down 33.4% vs. 2019Down 28% from the 2021 peak (130.7)Lowest level in 30 years, excluding the brief COVID shockFor context:2011–2019 average: 105.32021 peak: fueled by 2.7% mortgage ratesToday: mortgage rates 6.1%2025 estimated sales pace: 4.1M unitsThis isn’t a minor pullback.

When a condo is being foreclosed by a condo association (that has a second lien priority over the mortgage), bidders often bid to levels that assumes the mortgage will be repaid despite the fact that the mortgage never answered the complaint and the foreclosure order specifically states the sale is contingent on the first mortgage.would someone please explain why the bidders assume the proceeds from winning bid at be applied to repay the mortgage?

You’ll want a rent collection platform that allows property-level routing so each unit can deposit into a different account.

.• Collective loan delinquencies: highest level since 2017• Student loan delinquencies: 16.3%• Wage garnishments restarting• Credit score drops in many cases exceeding 100 points• U.S. adult optimism: 59.2% — the lowest Gallup has ever recorded• 30-year fixed mortgage rate: 5.74%• Louisville active listings: 3,076• Months of supply: just over 2.5• Fix-and-Flip Market Index: largest quarterly gain in three yearsThat’s the landscape.When delinquencies reach the highest level since 2017 and garnishments resume, liquidity tightens.

My estimated rehab budget is $200,000 to update infrastructure of the brick building and turn each 750 sf unit into a 2 bedroom 1 bath.Once stabilized, I believe the property could be worth somewhere in the $375k-$425k range, depending on final rents and level of finish.

New kitchen countertops, Updated plumbing fixtures in upper and lower kitchens and all bathrooms, Stainless steel appliances, new showers, tubs and tiling in all 3 bathrooms, LVP flooring throughout bedrooms and basement, two newly repaired large back decks, LED can lighting throughout basement, fresh interior and exterior paint, new gutters, brand new 1.5 ton lower level heat pump, and brand new roof.

Thoughts on reventure.app for zip-code level market and investment data ?  

Technician availability is tight.ROOF REPLACEMENT (architectural shingles, 2,000 sf):— All submarkets: $9,000–$14,500LVP FLOORING (installed, per sf):— All submarkets: $4.50–$7.50/sf installedGC LABOR RATE:— $55–$95/hr depending on trade and experience level---WHAT'S CHANGED IN Q1 2026 VS.

It would be helpful to hear from LPs on what they view as an ideal level of communication and reporting from a sponsor.Another common takeaway is that many LPs are unclear on how investments are structured from a distribution perspective, including how and why distributions are made over the life of a deal.