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Deal preparation

What to prepare before sharing a wholesale deal.

A useful deal package lets someone understand the property and spot the unanswered questions without chasing scattered messages.

1. Establish the property and your role

Start with the full address, state, county, property type, and parcel identifier if available. Explain whether you own the property, hold a purchase contract, or have another role. Identify who is authorized to discuss the proposed transaction and provide access.

Have your authority to market and the transaction structure reviewed before distributing a property or contract interest. Licensing and advertising rules vary. The state guides link to official resources for Kentucky, Missouri, and Kansas.

2. Separate the price from the projections

State the asking price clearly. Keep it separate from an estimated repair budget, estimated after-repair value, potential rent, and any fees or other costs. For every estimate, say where it came from and when it was prepared.

If you include comparable sales, explain why each is relevant: location, property type, size, condition, and sale date. Do not make a property look comparable simply because it supports a desired price. Asking prices are not the same evidence as completed sales.

3. Show the condition, including the unknowns

Organize current photos by exterior, rooms, major systems, and visible issues. Include only material you have permission to share. Explain when the photos were taken and whether conditions may have changed.

A repair number is more useful when the scope is visible. Separate cosmetic work from unresolved questions about structure, roof, electrical, plumbing, and other major systems. If a contractor or inspector has not evaluated something, say so instead of implying that the estimate has been verified.

4. Explain occupancy and access

State whether the property is vacant, owner-occupied, tenant-occupied, or still unconfirmed. Explain how an authorized visit would be arranged and which areas may be inaccessible. Keep tenant contact information and private documents out of public marketing materials.

If leases or operating records matter to the proposed use, identify what is available through the appropriate private review process. Do not promise vacant possession or a particular lease outcome unless the relevant documents support it and the responsible professional has confirmed it.

5. Put deadlines in one place

List the dates that could affect a decision: inspection or access windows, any applicable contract deadlines, and the proposed closing date. Distinguish a preference from an obligation. Someone reviewing the deal should be able to see which missing information needs attention first.

6. Use a short package summary

Property: address, state, county, type, and parcel.
My role: ownership or contractual relationship and relevant permissions.
Asking price: amount and what it includes.
Condition: observed issues, available reports, and unknowns.
Estimates: repair scope, value or rent assumptions, sources, and dates.
Occupancy and access: current status and authorized arrangements.
Timing: important dates and proposed next step.
Open questions: what still needs verification and by whom.

7. Check the package before sharing

Compare the summary with the supporting material. Resolve conflicting prices, old photos, or ambiguous addresses. Remove sensitive personal information from broadly shared files. Keep documents that require professional review in an appropriate private channel.

The goal is a package someone can question and verify. A polished presentation does not establish clear title, a legal right to advertise, or a profitable investment. Use the off-market property review guide for the next stage of questions.

General educational information. A property decision needs its own inspection, financial review, and advice from the appropriate licensed professionals.

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