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20 January 2025 | 8 replies
Or when syndication is struggling like it is move into the training business.there is huge money leveraging your on line popularity where folks will have an irrational opinion of someones bona fides based on SM media presence etc.
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5 February 2025 | 7 replies
Welcome to the best online RE investor community.
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29 January 2025 | 3 replies
My first piece of advice would be to always be networking with other wholesalers/investors both online and offline.
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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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14 January 2025 | 4 replies
The violation - depending on your state - will provide a 'cure period' before eviction proceedings would begin.
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3 February 2025 | 4 replies
Build your network by joining local real estate investor meetups or online communities like BiggerPockets.
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29 January 2025 | 4 replies
The model flagged listings that could likely generate more revenue with better descriptions.4.Market Comparison: Using Zillow Zestimate APIs and AirDNA, they compared similar properties in the area and forecasted how much more the property could make if the photos and descriptions were improved.5.Property List: All of this data was organised into a Google Sheet for further review.6.Automating Outreach: They used Claude to generate personalised outreach emails and DMs to homeowners, pitching offers for the properties.The entire process revolves around identifying undervalued homes that look worse online than they actually are.Has anyone seen anything like this?
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22 January 2025 | 4 replies
You can also check their reviews online at Google, Facebook, or Yelp.
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5 February 2025 | 29 replies
The only costs are hourly wages to an assistant to respond to the tenants if something comes up like a question about the online payment portal system or something else.
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16 January 2025 | 15 replies
Then there’s fraud or misrepresentation, where borrowers inflate project values or provide false documentation.