Nathan Payne walks through evaluating a property deal using a live calculator demo for repair costs. He stresses the need for clear photos, video, or in-person inspections to gauge condition accurately. Wholesaling a sight-unseen property typically results in significantly lower buyer offers.
Chapters
No, just theory. We're not just talking theory. We're talking application here because I want to show you guys how to do things. Okay. Repair costs. How do you find the repair costs? Okay. Estimates on the calculator are going to help you on this live demo. There's estimates on how to do the repairs, how repairs are needed. You need pictures if you're doing this virtually. It's very hard to know what a property— the condition of a property is without seeing it. In person or getting pictures or video from the seller. So you have to make that a part of your process. Okay. If you try to wholesale or do a, you know, make a deal happen on a property that's sight unseen, every buyer is going to offer way lower because they don't know what they're getting into. So you're just going to get little offers like lower offers. All right.