This also may be a good way to get an in working for someone with more experience since being a new wholesaler who doesn't even know where to start makes it very hard to start.Also, don't start telling people you are a wholesaler before you have marketing going out, a small buyer's list, and at least one property locked up because everyone wants to be a wholesaler, but it's not actionable until you are in the game.

Long Beach is so fringe oriented and prices are so high that it is pricing out the low income people out.

There have been several cabin fires where people died.

Some strategies to lessen the negative cash flow are: house hack and rent out the other unit as a mid-term rental (to traveling professionals or for people temporarily displaced because of insurance reasons like fire) or short-term rental (business or vacation).

Most of the people I know that tried it realized you need to devote all of your time to one or the other to be successful.

Since it was a foreclosure and it was right before Covid hit, there were not a lot of people looking at it.

I think there's going to be a serious thinning out of STRs because of the overall market and interest rates, and people just getting fed up with the platforms, unless one of the newer no/low fee platforms takes off. 

People have a good time doing stuff is always a good thing.

What blew my mind through this process is how people calculate returns.

I'm hoping to hear some creative ways people are handling this part of the process.