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5 August 2024 | 6 replies
Meaning, they are not willing to:- sell their property off market- go into contract with a wholesaler- sell their property for a discount (i.e. they want 'top dollar')In cases like these, an agent can still assist the homeowner by helping them sell the traditional way.That said, wholesaling can be lucrative so I echo the advice you've received here - get out there and speak to people in the industry who are willing to share helpful information.All the best!
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4 August 2024 | 10 replies
That statistic is an indicator that local industry wages can't hold up to home valuations which is a recipe for disaster in my eyes.
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6 August 2024 | 29 replies
This industry is so much more sophisticated and has translated a slightly better mousetrap into market share.
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3 August 2024 | 3 replies
None of the names listed above appear to be pivoting into the homeowner association space, yet here in the northeast USA it's still quite a fragmented industry outside of the major urban centers with established and deep-pocketed PM firms.
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4 August 2024 | 37 replies
Yes, it is extremely common in our industry.
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4 August 2024 | 12 replies
Mortgage rates declined to their lowest levels in over a year, a sample of more than a dozen industry professionals said they were quoting most borrowers in the high 5% to low 6% range on government loans and in the mid-6% range for conventional mortgages.
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2 August 2024 | 12 replies
At the end of the day, having adequate capital to purchase deals is a crucial part of this industry.
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5 August 2024 | 27 replies
I also have zero interest in positioning ourselves as a “value” offering in an industry where top performers can 2x + the cheaper companies.
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3 August 2024 | 11 replies
You have some great goals and sound pretty adventurous so you are in the right industry lol I love hiking and would love to kitesurf but will start with paddle boarding first.
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2 August 2024 | 4 replies
Wife is a realtor, hubby is part owner of an industrial construction company.Ideally wed love to get a fix and flip for our first investment.1- what is something you wished you knew before your first flip?