If there's a wholesaler that wants to JV/partner on a deal then sure but having a daisy chain is a train wreck waiting to happen.

I’m starting a wholesaling company based in Wyoming and interested in operating in Texas and Florida as a start.

There is a lot of training involved, it takes months (up to 2 years), and they usually like to start them off as puppies.

And you are saying agents, the ones trained to do real estate are messing up the deal, and not you?

Has anyone worked with them before and can shed a little more insight into how they work and operate? 

So your 35% operating expenses makes sense and seem plenty conservative to me.  

I think leveraging the initial property even further with such tight margins is a train wreck waiting to happen. 

We complete renovated and turned into a successful operation with a current 11% rate cap. 

Commercial Revenue Generating properties like office buildings, apartment buildings, retail centers, etc (banks call it "CRE" lending) are typically evaluated from their net operating income, not gross.

If enacted, these changes would bolster real estate valuations and enhance returns for investors.How Real Estate Outperforms Under Different ScenariosIf Interest Rates Rise (Higher Inflation):Treasuries: Medium- to long-term bonds lose value, potentially resulting in negative returns.Real Estate: Higher inflation leads to rent growth, boosting net operating income (NOI) and offsetting the impact of higher borrowing costs.If Interest Rates Fall (Cooling Economy):Treasuries: Bonds appreciate in value, improving returns.Real Estate: Lower rates drive cap rate compression, significantly increasing property valuations and returns for investors.Conclusion: Asymmetric Risk-Reward in Real EstateWhile Treasuries offer a safe haven, they also come with limited upside and potential interest rate risks for medium- to long-term maturities.