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?
Michael Martin
Hello BiggerPockets! New PRO here
11 January 2025 | 2 replies
BiggerPockets is full of resources designed to help you along your journey, whether you are just getting started or a seasoned investor.
Jules Mbasso
New Member introductions
7 January 2025 | 4 replies
There are many resources for you to connect online and in person.
Reno Philip
Connecting with other Houston investors
10 January 2025 | 15 replies
You have received some great recommendations and if you are yet to decide on an Investor friendly to work with, you can send me a DM and see if we are a good fit.I do provide free mentorship and a lot of free resources and connections to anyone I work with especially beginners like you.
Muhammad Kashif
Is it still worth getting into land flipping (for new investors) ?
8 January 2025 | 2 replies
With land investing/flipping becoming more democratized/accessible (so many landed courses, tools, resources etc), current prices/RE trends etc, is it still worth getting into land investing/flipping for a brand new RE investor ?
Kenzer Hodgson
LLC or Umbrella policy
8 January 2025 | 14 replies
I wouldn't do pets with carpet but then again I don't do humans with carpet either.
Justin Snead
Becoming a Real Estate Agent Best Advice.
14 January 2025 | 5 replies
Developing strong financial and business acumen is also crucial for success as an investor, so that’s another area where you could focus your efforts if getting a license doesn’t align with your plans.I’m here as a resource—feel free to reach out if there’s anything I can do to help!
Cindy Shiblie
Thoughts on investing in Little Rock
15 January 2025 | 8 replies
Happy to help if you need a resource!
Denice Doron
Newbie to real estate investing.
15 January 2025 | 5 replies
Would love to connect and be a resource to you anyway that I can - I'm a realtor, and investor in the area and have some tips & tricks you can implement into your business and see if it helps!
Lina Truong
Please help me get started for mid-term rental investments
15 January 2025 | 18 replies
I'll also add that Bonnie's group is a great resource with operators from 0-Bonnie.