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2 January 2025 | 19 replies
There are opinions on these forums and people have a right to them and people may take it as criticism. real estate is not a business where everyone is friendly and just as you have shown from whoever was trying to scam you and has nothing to do with doing your best, its about being educated before moving forward.
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26 January 2025 | 14 replies
Hire an attorney to handle this, or it'll cost more and take longer than necessary.
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20 December 2024 | 1 reply
I can't seem to access the saved analyses from my computer desktop view.
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19 January 2025 | 17 replies
takes way too many steps to set up anything, terrible user experience.
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30 January 2025 | 56 replies
It takes time but worth it.How do you plan to finance your first property—are you looking at traditional loans, or have you considered other options like house hacking?
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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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14 January 2025 | 18 replies
I'm guessing though that since the IRA owner isn't allowed to take out a salary, perhaps the SDIRA LLC will be required to hire employees?
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21 January 2025 | 10 replies
However, normal wear and tear (like some dust or minor carpet stains) shouldn’t count.It’s always a good idea to take photos and keep a record of the condition before the tenant moves in and after they move out.
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15 January 2025 | 3 replies
I have been reading books and listening to podcasts for almost a year now and I know I need to take action.
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15 January 2025 | 8 replies
Theres so many problems, this is a team deal scenario and one needs rules; never take a contract less then 7 days prior to the auction, and NEVER NEVER N E V E R close allowing the seller to stay in the house after closing.