
13 January 2025 | 13 replies
Hey @Brandon Toron,Given your plan to turn the property into a short-term rental (STR), you have a few creative ways to push closer to that 90% cash-out goal, even if traditional lenders shy away from it:1.

17 January 2025 | 6 replies
Dealing with warranty service is a pain in any situation but when you also have to deal with a tenant on top its even worse.

13 January 2025 | 12 replies
It is quite rural and it is much easier to get a permit for these sorts of things if you even need one.

16 January 2025 | 13 replies
But it's also true that this had been open space provided to the community for the better part of a century and now it was fenced off with not even a path or sidewalks around most of the perimeter. 5.

15 January 2025 | 6 replies
You'll have an option between the FHA househack 3.5% down and the conventional househack 5% down - if you're VA then even better though.

14 January 2025 | 8 replies
Your estimate seems low, but even at that cost, it will not add that value.

16 January 2025 | 5 replies
It can totally be done, even in this market.

18 January 2025 | 15 replies
Something simple along the lines of, no pets due to small shells and turf located at property that may hurt pets, would dissuade even service animal owners.

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?

13 January 2025 | 16 replies
There are almost no exceptions to this, so it's not even worth considering.