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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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7 January 2025 | 2 replies
Are there any key resources, platforms, or strategies you’d recommend for a beginner?
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15 January 2025 | 39 replies
that’s why leverage in real estate is a beautiful thing.
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8 January 2025 | 5 replies
However, I’d love to hear from anyone with experience in this market.What platforms or services have you found most effective for connecting with traveling nurses?
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15 January 2025 | 6 replies
@Ashish Gambhir, Congrats for getting onto the BP platform for information.
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17 January 2025 | 3 replies
I've been on this platform for many years and, over the years, I've seen new members linked or part to Mexican real estate agencies posting educational content about investing in Mexico out of the blue shortly after becoming new members and then disappear as they realized that their efforts wasn't giving them the amount of business they were hoping for.
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22 January 2025 | 4 replies
I found my laundromat on BizBuySell, and I sold it through that site as well.I still absolutely think it’s worth networking with business brokers and doing direct outreach to business owners, but you don’t need to take listing sites off the table.If you’re sending out a lot of outreach messages on listing sites and you’re not hearing anything back, it may have more to do with you than the platform.
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9 January 2025 | 35 replies
I just wasn't sure how you'd exactly bypass Airbnb or VRBO platforms.
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24 January 2025 | 11 replies
I am going to create a different post about what the tax experts on my tax platform said and ask for feedback.
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29 January 2025 | 18 replies
Hi: Carsyn, I'm in Oklahoma, curious to know what your platforms buy box is for SFR.