
8 January 2025 | 4 replies
My primary business is owning a wealth management company, and is where I enjoy spending my time.

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?

16 January 2025 | 18 replies
However, once we implemented technology a few years ago, even our local clients prefer to avoid driving and switched to doing business remotely.

12 January 2025 | 6 replies
Even if you make all of your payments on time there are times when something happens by accident or a collection pops-up and drops the credit scores.

15 January 2025 | 3 replies
@Bayo Badejo, there are so many missing pieces here to even begin to give a real answer.What insights are you wanting?

12 January 2025 | 5 replies
Quote from @Richard Bautista: Good evening,Just saw Cleveland, Ohio has relatively inexpensive houses which has the potential to cashflow.

12 January 2025 | 185 replies
You get so much wealth and start getting older you enjoy the business but focus on quality of life more and memories.

13 January 2025 | 11 replies
Then it's even cheaper.

16 January 2025 | 3 replies
I've even had tenats bring their own range, but usually that's included in the lease as are dishwashers.

16 January 2025 | 6 replies
I would say that even more of our owners don't see the interior of the property for years after owning it.