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?
Account Closed
Due On Sale Being Called!!
13 January 2025 | 41 replies
Bottom line, make it so that you never need the seller again after the transaction is closed.
Michael Ewers
Marketing Strategy Off Market Leads
12 January 2025 | 21 replies
Quote from @Preston Dean: Quote from @Michael Ewers: Quote from @Preston Dean: Hi @Michael EwersI have had a few past clients from Cali call me saying "I sent post cards to home sellers and I have someone who wants to sell, can you help me with pictures and videos" I think their method was just mass mail and they got a few hits.
Albert Hepp
Are you seeing Flat Fee Buyer Agents in your market?
3 January 2025 | 26 replies
The seller, or the buyer?
David Switzer
Question about ADA (no one seems to be doing it?)
14 January 2025 | 5 replies
I recently bought a commercial condo (retail) and have been going through hoops with the seller (developer) to make changes to make the space ADA compliant.
Joe Rohne
Bougie Beach House PCB Florida
16 January 2025 | 0 replies
New construction, fully decked out on the design and amenities. purchase price 785K, 40K in seller credits, 120-140k gross rental projections What made you interested in investing in this type of deal?
Donald DiBuono
Best Mailer Companies
9 January 2025 | 5 replies
Does anyone have a good effective 3rd party mailing company to send mailers direct to seller?
Kyle Carter
Impact on Credit Score
3 January 2025 | 2 replies
Seller financed (probably) won't be reported to the credit bureaus and so won't impact your credit score at all.
Bethany Merlucci
Help this newbie investor to decide if this is a good first property
10 January 2025 | 4 replies
Personally I never listen to what the seller states the income is as they are sometimes way off.
Ashley Mierez
What are investors looking for from wholesalers?
7 January 2025 | 7 replies
Don’t lie to the seller.