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19 January 2025 | 269 replies
Looking forward to meeting you all virtually sometime, or in person on a visit to PT.
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3 January 2025 | 14 replies
Does anyone know stats on this or have personal experience in this region?
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14 January 2025 | 2 replies
What types of IRS/CPA approved payments are working well for rents to LLC entities to keep personal and business funds from co-mingling?
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15 January 2025 | 3 replies
I personally am not investing at the moment.
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12 January 2025 | 185 replies
You get so much wealth and start getting older you enjoy the business but focus on quality of life more and memories.
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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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13 January 2025 | 7 replies
Buy it personally, and rent it full time to my C-corp?
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15 January 2025 | 4 replies
Hey all,Does anyone have any personal experience with First Savings Bank and their 1st lien HELOC?
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14 January 2025 | 0 replies
Personal raise How did you add value to the deal?
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15 January 2025 | 34 replies
I called that person two more times just flabber ghasted that I actually got a banker to admit this info is legitimate with many more questions.