WIP 1017: Due Diligence Deep Dive - The Exact Steps to Doing Due Diligence on a Property

<p>“The negotiation doesn&apos;t really start until the property is under contract.” This is just one of the great nuggets from today’s episode with David Dodge. In this episode, David does a deep dive on one of the most important parts of the wholesaling process: the due diligence. Due diligence is often where your money is made. David breaks down his exact due diligence process by highlighting the right way to get a property under contract, how to properly calculate a property’s value and right questions to ask your buyer.</p><p>If you want to go even deeper into the due diligence process and everything else that comes with wholesaling, David has created a perfect program that’ll get you from A to Z on wholesaling your first deal: the <a href='https://www.wholesalinginc.com/roadmap/'>Rhino Roadmap</a> program. Apply today and have Coaches David and Lauren guide you step by step to your first deal.</p><p>----------</p><p>Show notes:</p><ul><li>(1:04) - Beginning of today’s episode.</li><li>(2:18) - How to put a property under contract – the right way.</li><li>(6:54) - The two approaches to put a property under contract.</li><li>(7:33) - Here’s exactly how you’re going to calculate a property’s after repair value (ARV).</li><li>(13:24) - Do this to make your ARV even more accurate.</li><li>(16:26) - Ask your buyers these questions.</li><li>(19:26) - David has only lost money a couple of times in real estate – here’s what happened.</li></ul><p>----------</p><p>Resources:</p><ul><li>Want to learn more? Check out our <a href='https://www.rhinoroadmap.com/'>Rhino Roadmap</a> program.</li><li>To speak with David or one of our other expert coaches call (281) 835-4201 or schedule <a href='https://wholesalinginc.typeform.com/to/omDnxk?source=Website&amp;product=Rhino&amp;medium=HomePage'>here</a>.</li></ul><p>Go to <a href='https://www.facebook.com/groups/wholesalinginc'>Wholesalingincgroup.com</a> to become part of one of the fastest growing Facebook communities in the Wholesaling space. <br/><br/>Get all of your burnin