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17 January 2025 | 17 replies
The sooner you start these conversations, the better prepared you'll be when the right deal comes along.Local professionals can also be an invaluable resource.
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10 January 2025 | 9 replies
Our goal is to snowball our efforts and scale quickly over the next few years.I’ve read a few books on real estate investing, and I’ve heard great things about BiggerPockets as a resource and community for learning and networking.
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24 January 2025 | 7 replies
A handy search bar in the upper right makes it easy to find previous discussions, blogs, podcasts, and other resources.
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11 January 2025 | 4 replies
Meetup.com is a good resource for those but some of the groups will also post here on Bigger Pockets Marketplace too.
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16 January 2025 | 3 replies
I’m also open to sharing resources or brainstorming ideas to help you find someone in your area who can guide you in wholesaling.Feel free to reach out if you’d like to connect further!
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4 February 2025 | 31 replies
As a Canadian i've had to navigate this along with finding the right market, property and financing. happy to introduce you to resources if you need.
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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?
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9 January 2025 | 10 replies
Happy to send over some resources regarding the Columbus Ohio market and why it's a great market to invest into.
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11 January 2025 | 11 replies
Airdna is a good resource and tool, but I wouldn't rely solely on that platform for data.
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26 January 2025 | 15 replies
Here are a few strategies to consider for funding a down payment:Partnering: Like Gregory mentioned, finding a partner who can contribute to the down payment in exchange for equity or a profit share is a solid option.HELOC or Cash-Out Refi: If you have equity in your home or another property, a home equity line of credit (HELOC) or cash-out refinance can provide the funds you need.Private Money: Reach out to friends, family, or private investors who may be interested in lending you the down payment with a promissory note.Seller Second: In some cases, the seller might agree to finance a portion of the down payment as a second mortgage.Live Frugally and Save: It takes time, but reducing expenses and setting aside funds from your income is a tried-and-true method.The right approach depends on your situation and deal structure, but a mix of creativity and resourcefulness can go a long way.