
19 March 2024 | 9 replies
If you already have a group of investors you work with, understanding their capital reserves, risk tolerance, timelines on return, and various other factors to help you understand what properties will be good deals for them and should help you narrow down your scope.When thinking about what tools to use, think about what you need to get done.As a wholesaler you will need to find leads on potential investments, run numbers on investments, put together investment packages for your investors, etc.Lead Generation:- Can be done on MLS, Auction sites, etc but remember competition will be high here- Pre foreclosure lists- Drive for Dollars- Social Media Campaigns - Billboards & signsProperty / Market Due Diligence:- Bigger Pockets Tools- Air DNA- Reventure App If you would like to connect and discuss in detail I would be happy to brainstorm.Good luck

18 March 2024 | 15 replies
They took it back and had is audited and redone by someone "whose been doing this for a long time" and when I got it back, the updated amount due was literally a fraction of what they initially stated (my taxes due were literally overstated by like $15k)But then, someone else reviewed it one more time and again, they caught something else they "missed" which changed my amount due again and it went up by another $4k or so.At this point, I've called in my old tax preparer and she's doing her own audit so that we can compare the 3 returns TS has given me with what she gets — which is another expense incurred for me.

19 March 2024 | 13 replies
You're right, speed is key in a competitive market, and understanding what hard money lenders want can give you an edge.

19 March 2024 | 3 replies
Is it better to list it at the highest that I think I could get or should I price more conservatively to create competition and then try to push the price up?

17 March 2024 | 8 replies
In the meantime you'll be acquiring a hard asset for a fraction of the cost that's giving you returns.

18 March 2024 | 4 replies
Several reasons: Phoenix is an expensive and hyper-competitive market; your monthly income is $4K which in and of itself is limiting, but even more so with most of that being cash; and your credit score, while not terrible, needs to be raised, especially with you being self employed and a mostly cash income.

19 March 2024 | 20 replies
I’ve had success going outside of 270 where you have less competition.

19 March 2024 | 30 replies
I like it - let the system work and let the market set the price.It should have always been negotiable - that's how you drive market competition, and price competition is always a good thing.

18 March 2024 | 8 replies
The Lake Tahoe area is popular for STR and is highly competitive yet some people do make it work.

18 March 2024 | 9 replies
I’ve looked at outside the city but seeing as it’s not accessible to me and I can only assume it’s even more competitive with the lower entry price point.