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?
Rafael Ro
Safe and stable investment: Do I buy rental properties or keep money in a HYSA?
11 January 2025 | 67 replies
Overall it is still a very good city to invest with solid returns.
Grace Purugganan
Help! Out of State Investing in Ohio
20 January 2025 | 9 replies
Make sure to vet and look into multiple different PM's per city.
Jaime Ponce
House Hacking In Salt Lake County/Utah County/ Logan, Utah
16 January 2025 | 5 replies
If anyone has advice for someone in my shoes moving to the Salt Lake County/Utah county area and possibly the city of Logan, It would be much appreciated.
Kyle Jenson
New Dentist looking to create a retirement plan for myself thru real estate
2 January 2025 | 14 replies
Like my title says, I am a dentist in the Kansas City area and am looking at real estate to be my retirement plan.
Youssef Pullman
Dallas , Houston market insight
9 January 2025 | 2 replies
This is verified based on the good schools, department stores opening up (Costco, Target etc.) as well as verified investment from Jerry Jones (Dallas Cowboys owner) and the city to grow the population.
Lorraine Hadden
Is There Such A Thing As Too Much Curb Appeal?
18 January 2025 | 4 replies
Then again, curb appeal doesn't matter as much in the inner-city parts of my market - more so in the suburbs.Lastly, if a property is newly built/renovated, 'neutral' may not be the best route.
Lina Truong
Please help me get started for mid-term rental investments
15 January 2025 | 18 replies
Hi Lina -- I'm based in Dallas but wouldn't know the laws for the city and county of Kyle, Texas.
Mike Sfera
Syracuse/Rochester Area Rentals
15 January 2025 | 8 replies
I can't speak for the city itself / near the university, but up in areas like Liverpool properties are getting multiple bids regardless of the condition.
Sofiya Cherni
Montgomery County, MD non-refundable pet fee change start date
16 January 2025 | 6 replies
And neither will City of Rockville.