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4 January 2025 | 4 replies
If that is the case, can you start to buy places that are built in the mid-90s to stay away from those big issues?
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18 January 2025 | 13 replies
They may have been introduced to wholesaling as a low-barrier entry into real estate and never considered licensing as a viable option.Why Getting Licensed Could Be Beneficial:Access to MLS: Licensed agents can access MLS listings, making it easier to find deals and run comps.Credibility: Being licensed can increase trust and credibility with sellers and buyers.Expanded Opportunities: As you mentioned, having a license opens up the option to list properties traditionally when wholesaling isn’t the best fit.Legal Clarity: Licensing helps clarify what you can and can’t do, reducing the risk of running into legal issues that plague unlicensed wholesalers.It’s a balancing act, but for many serious operators, getting licensed seems like a logical step to expand opportunities and ensure compliance.
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3 January 2025 | 13 replies
Circuit Court of Appeals late Thursday reinstated a nationwide injunction that had been issued earlier this month by a federal judge in Texas who had ruled that the Corporate Transparency Act was unconstitutional, Reuters reported on Friday, thus suspending the deadline once again for most reporting companies to file beneficial ownership information (BOI) reports with the Financial Crimes Enforcement Network (FinCEN)."
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18 January 2025 | 19 replies
@Nicholas Stout Normally when I hear landlords make the conscientious decision to "convert" their properties to Section 8 rentals, they have a real estate problem wrongly diagnosed as property management or tenant issues.
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6 January 2025 | 7 replies
In somce other areas we have invested there have been zoning issues with the muncipality.
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19 December 2024 | 5 replies
I don't see any issue with sec 8 right now.
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2 January 2025 | 11 replies
However, even issuing a five-day notice can be an important step before filing.
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26 January 2025 | 33 replies
There is a lawsuit from a company that invested in a deal with someone on BP (not this group) who ironically changed the name of their company after multiple failed deals) that is suing the GP and people personally for negligence because the sponsor did not do what they said they were going to do.
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19 January 2025 | 14 replies
to be clear - lots of other issues, lots of other challenges, and BRRRR is difficult right now with interest rates so high.
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5 January 2025 | 4 replies
This plays into the affordability issues for tenants by allowing them to live in nicer neighborhoods for less money, yet I get monthly revenue comparable to short-term rentals.I have also shifted my focus to buying better.