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9 January 2025 | 6 replies
I want to structure this as concise as possible.
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12 January 2025 | 7 replies
Possible to maybe build one similar to this with an add on for small business owners and REI's. https://docs.google.com/spreadsheets/d/1xYOKT2eNS588cj6_8jVv2vobAfAhCVUd/htmlview#gid=1221524195
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28 January 2025 | 19 replies
Which is not easy for possible for many people (like your husband).Once you really know what to do, the risk level drastically reduces.
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15 January 2025 | 7 replies
@Johnny Lynum we did offer them an aggressive cash for keys amount to get them out as soon as possible.
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16 January 2025 | 23 replies
It can be done ethically, but you need safeguards to confirm mortgage & possibly property tax payments made on-time, as well as insurance with you protected.- Also, you need a legal way to take back the deed if buyer defaults!
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12 January 2025 | 8 replies
Quote from @Adam Macias: Wholesaling as it is today will be a thing of the past.It’ll truly be strange to even hear people and gurus trying to make big money off it.The more people try wholesaling but then end up not having an end buyer or cancelling contracts or trying weird things like novations, the more all of real estate will be regulated and cause requirements like licensing to be able to transact more than just your personal resident purchase.Which I don't know why hasn't happened sooner.Here's all the states (in red or yellow) requiring a license to wholesale or at least have started the process:Credit: REITipsterI think licensing and regulation is a beautiful thing that should happen if you plan to be an wholesaler and do more than one deal... which is going to be the case for anyone taking this business seriously.Or even it being regulated to need a real estate agent to do more than one deal outside of buying a personal residence.I've had plenty of failed attempts with agents in pursuit of wholesale deals and I know exactly why, it's not because the agent couldn't find me deals, it's just not practical to think there's opportunity for the numbers a wholesaler needs to make a profit on top of everyone else needing to these days.Because the only sellers who truly can sell at a deep enough discount are usually those who ran out of time and just didn't do something sooner with their situation.I know many coaches and gurus will disagree with me but there’s no regulations on youtube gurus and what they teach either.If we look at the current state of the market in hot cities, the availability of online resources to the average homeowner, how many deals can you possibly believe are available at 70% of ARV?
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13 January 2025 | 0 replies
If you’re wondering how much equity you’ve built or how you can use it to meet your goals, connect with a local real estate agent to explore the possibilities.
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20 January 2025 | 14 replies
I worked more hours than possibly anyone I knew.If you do not want to work hard, then value adds may not be the best path for you.
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14 January 2025 | 8 replies
I also recommend not allowing unaccompanied showings if at all possible.
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15 January 2025 | 9 replies
I just can't stand of regulations those are not possible to be monitored and just being there because of lobbyists.