Begginer Question
If I want to wholesale a property to another investor, would I actually have to go and take a look at the property? If the owner told me how much repairs would be, then would it make sense to still go check out the property. It would save me time if I didn't have to.
I would imagine that you'd want to look at the property, or at least someone that you trust to actually estimate the costs of repairs for you.
The last thing you'd want to do is pay too much and be stuck in a situation that's hard to fix (or that will COST you).
I bought Ron Legrand's course and he actually does teach ways where you don't even have to go look at the property. You can hire people to go out and take pictures for you. But even he recommended that at first you should look at the property so you can learn how to estimate repair costs and value. But he does teach you how to automate the business as much as possible, which is really cool.
In a pinch, you could get away with not inspecting the property. The investor that you are wholesaling to could look at it. After all, they are the buyer. But you do need to have access to the property for your investor buyer to inspect the property.
Brenda