David Martoyan
Adaptability - Profitable Skill
4 January 2025 | 0 replies
The real estate market has shifted dramatically in recent years rising interest rates, evolving buyer and seller expectations, and fluctuating property values are keeping all of us on our toes.
Adam Macias
Wholesaling as it is today will be a thing of the past.
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?
NA NA
Question about wholesaling
9 January 2025 | 1 reply
I thankful for finding this app through a book I have been reading.But I would like to inquire in regard to introducing myself both to sellers and cash buyers.
Jason Hatfield
Buying a house at auction
15 January 2025 | 8 replies
You won't be considered a viable buyer and not allowed to bid.
Aaron Raffaelli
DSCR Loan for a first time REI
8 January 2025 | 17 replies
Yes first-time buyer DSCR is actually fairly common, especially here in Southern MI.
Desiree Rejeili
Home Staging FAQ: What You Need To Know
2 January 2025 | 0 replies
Staging is the process of arranging and decorating your house to highlight its best features and make it as appealing as possible to potential buyers.
Hillary Buckingham
Tips for a newly licensed agent with a goal of $50k in commissions my first year
13 January 2025 | 5 replies
i have seen many do very well getting on a team.Myself personally I would concentrate on listings 1000% Buyers only if well knownand wont waste your time.
Saika Maeda
Buyer Agent's commission and tax write off
9 December 2024 | 8 replies
Normally seller pays buyer agent fees
Timothy Franklin
STR sub-to/ portfolio
1 January 2025 | 26 replies
Sub to deals are risky for the buyer and typically provide little to no value for the seller.
Ashley Mierez
What are investors looking for from wholesalers?
7 January 2025 | 7 replies
The seller should not be expecting you to be the buyer, or surprised when you aren’t.