Why does a rehab person need someone else to find them properties?
If I understand the basic's of wholesale flipping. I would find a house that might need some work and pass it on to a contractor for a small profit, and let them fix it up for a larger profit. ( Please correct me if I am wrong about this). My question is why would they need a middle man to do this. Why not just look for properties on there own that would need fixing up? Thanks in advance.
Bill <IMG SRC="images/forum/smilies/icon_biggrin.gif"> [ Edited by bc on Date 04/28/2003 ]
Are you asking why the rehabber needs someone to flip them the property? Maybe they are too busy working on a rehab project(s). They rehab and don't have the time to drive around, look at court house papers, etc, thus they need the flip person.
I am using a realtor at the moment to get the exposure. I hope that once in agent into a few areas I can get people to know me and I can the deals on my own.
Everyone has their own technique on getting properties I guess.
A rehabber can and will find properties on his own .... however, if I have a property with good potentials, a rehabber is always interested in making money and if he is too busy, he has a partner that can take over.
The point is that there are many rehabber out there looking for deals. And nobody will say NO to a good deal ...