Estimating Repairs: Electrical Panels

Scott Costello All, Blog 19 Comments

Over the next few months I’m going to be putting out a series or posts on what to look for when walking a house to help estimate repairs.  The goal isn’t to make you an expert, but to help you know when something needs fixing.  As a wholesaler you just need to come up with an rough estimate (most likely conservative until you gain enough experience).  Being able to spot some roof problems, or know what to look for when …

Estimating Repairs: Windows

Scott Costello All, Blog 12 Comments

Over the next few months I’m going to be putting out a series or posts on what to look for when walking a house to help estimate repairs.  The goal isn’t to make you an expert, but to help you know when something needs fixing.  As a wholesaler you just need to come up with an rough estimate (most likely conservative until you gain enough experience).  Being able to spot some roof problems, or know what to look for when …

MLS Offer Week: MAO

Scott Costello All, Blog 7 Comments

Today I went through the comps on each of the 13 properties and narrowed them down to the best 3 or 4.  I didn’t really have a method to my madness, I just generally looked at the style of house (colonial, cape code, ranch,etc..) and also looked at the pictures to see condition. Once I found the 3 (or 4) best comps I… Averaged out their Sale Price to get the ARV for my prospective offer house. Multiplied that value …