Jonathan Sanchez
Pricing Strategy - What is your approach?
16 January 2025 | 13 replies
On a more enterprise scale, I employ RevMax software as well as a fractional revenue manager who looks at the prices daily on a market level and a comp set level.
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?
Thanh Lu
For owners, self management vs hiring a vacation rental company?
22 January 2025 | 16 replies
Most of our clients are professionals - physicians, attorneys, software engineers.
Michael Plaks
EXPLAINED: sending 1099s to contractors and vendors
15 January 2025 | 13 replies
The simple reason is that you cannot even tell debit cards from credit cards without a special software.
Garrett Brown
A very simple way to increase your ROI inside your STR
9 January 2025 | 35 replies
If so, you can add package upsells automatically through your property management software (e.g.
Alec Dressler
How to Determine Public Interest in my Future Airbnb
7 January 2025 | 1 reply
Does anyone have any tips or software tools to help give estimates on pricing and the potential occupancy of the rental?
Jonathan Greene
What Do You Think Of All Of The Reverse Trolling in the Forums?
6 January 2025 | 77 replies
Software developer - "What things do you look for in a CRM?"
Natasha Rooney
Multifamily Properties in Indianapolis
17 January 2025 | 13 replies
My number 1 tip would be to go off market and find owner that wants to sell at a discount / prefers speed and convenience.
Jon Ankenbauer
Best Way To Transfer Land From a Family Member
24 January 2025 | 7 replies
You will also get hit with a tax bill if you sell on that discounted price.
George Jackson
Skip Tracing Resources
10 January 2025 | 2 replies
While may not have high amount minimums, they may have a minimum $ threshold for cc processing, Ours is $0.60, with a discounted plan that could be a few as 8 records.