Questions for ** husslers ** (entrepreneurs who find deals) and investors who work with them! How do you work? You build a team, heaven ...
Questions for ** husslers ** (entrepreneurs who find deals)
And investors who work with them!
How do you work?
You build a team, put the property under contract, do tests and pass on to investors / entrepreneurs?
Investors, what data and tests are you looking for in transactions that are presented to you?
How do you work with holslers, let them do tests with your team members?
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- Working with some recent hollers, and feedback as an investor
Do not waste my time.
To give a real picture, what the compass before and after the renovation are really true. What the cost of the renovation.There is a tendency to overestimate the cost of refurbishing and exaggerating the ARV
And once this happens in some properties in my test there is no more credibility. I filter properties much faster and stop relying on Holsler's values altogether.
And usually stops working with him - I'm not referring to Holsler's compass. Checking on her own. Sets him at what price I am willing to buy the property in this area.
If he finds the right price only then I continue.
Next - go check the property myself. (Today I was in three of those).
Next - if the property looks potential sends my handy to discover more things, give a revamp ...If he finds me at the right price - then just call the investor. The investor is doing the trick.
The last stage of a second haggling with the seller on the basis of speculation (so that the investor can buy a little less and left more money if needed to renovate).
- Never rely on Holsler's tests and coupons, there's a clear conflict of interest between you, all he cares about is silent, even if it's a cat in a sack. Do all the tests alone.
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