Nathan Payne and a partner discuss making offers in real estate wholesaling. They explain two ways to value property: the assessor's price and the cash-flow-based price. The key is researching thoroughly before presenting an offer and balancing both valuations in your proposal.
I need to really do is do my research a little bit more. I just wanted to kind of ask if the terms— if you're open to terms and if you had a price in mind so I didn't come at you with some lowball offer that just— I'm not here to offend anybody, so I didn't want to do my numbers and make an offer that was not even something you'd be open to.
The assessor has one price. If you look at the cash flow, that's another price. You're going to have to come up with a proposal. Yeah, well, listen, nothing's crazy.
Why Traditional Wholesaling Keeps Failing You (Use This Pre-Flip Method Instead)
