Bobby Eastman
Any suggestions for people to contact for investing in the Sherman/Denison TX area?
18 January 2025 | 17 replies
I am also open to partnering on a transaction.
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?
Tannia Castro
New to Rental Property Investing
16 January 2025 | 9 replies
I'm amazed and delighted daily by Lady Landlords FB page and highly recommend joining at least 2 Landlord FB pages as well as these here in BiggerPockets.
Benjamin Jones
Is anyone investing in Japan?
25 January 2025 | 24 replies
We have small earthquakes pretty much daily (many are imperceptible to us) but they take their toll on structures.
Shelly Moses
Happy Tuesday, Bigger Pockets Community!!
17 January 2025 | 3 replies
Just know that it is a "no days off" kind of business and very mechanical.I would suggest documenting your process via video so that eventually you can bring people on to replace the different hats you will be wearing.Keep in mind of these 5 components of any wholesale business.lead generation, deal sourcing, underwriting, marketing, transaction coordination.
Mike Daniels
Carlsbad Flip Property
7 January 2025 | 0 replies
Would like to hire more daily workers to decrease time.
Taylor McClure
I’ve heard of buying pre-foreclosures, anyone have experience?
15 January 2025 | 8 replies
I'm working on my first transaction.... we shall see.
Conte Cuttino
Leave 100k and rent or Flip for 30k
9 January 2025 | 10 replies
If you sell the property, a lot of the $107K cost will be eaten up in transaction cost.
Jason Khoury
Purchasing Vacant Home from Non-Profit
12 January 2025 | 6 replies
Real estate transactions with non-profit organizations like nursing homes or religious entities can indeed be unique, but they’re often manageable with the right approach.
Drew Sygit
Why are Newbies Using Invalid Investment Assumptions from 5+ Years Ago?
2 February 2025 | 20 replies
It does not appear that many newbies (or experienced) investors are buying much (transaction levels are at record lows).