A Picture is Worth a Thousand Questions…?!?
0I know several people have asked me about doing deals in other markets what’s my best tip? This is a good tip for doing deals in your own market also though… There is an old saying that “a picture is worth a thousand words” while this is true if you don’t have enough or the right pictures you will find yourself answering a thousand questions! If you have a house that needs more than paint and carpet in repairs you are gonna need lots of pictures for one as well as pictures of some damage! Why if you are telling people a house needs ten to twenty thousand dollars or more in repairs would you send them 5 or 6 pretty pictures of a house? This works both ways even if you have a house that needs only a small amount of repairs why not send them a picture of every inch of the house as proof? It’s one thing to wholesale a house without ever going in it, but it’s a whole other situation when you don’t have proof of ever talking to someone other than the seller who has been in it! I was looking on Craigslist which as many of you know isn’t out of the ordinary for me or a lot of people, and I started looking at the local wholesalers ads and they didn’t have any pictures so I emailed them what I got back was a picture of the front side of the house and the back side of the house… That was it real estate investing of any kind isn’t for the lazy especially not wholesaling people! If you are doing it in your market go take pictures, and if it’s out of your market don’t even tie it up until you have at least eight to ten pictures and then have a contractor, bird dog, or even the seller send you a bunch of pictures at the very least 15!
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