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?

In my opinion, this is a huge barrier for many new investors- they think they understand value better than a seller might and they try to convince someone their property is worth less than the seller believes it to be- that's a rookie mistake.

The reality is the land has value.I believe you are typically far better purchasing a different property with conventional financing than adding an ADU.  

I believe that I have talked to you in the past.

I am selling through a realtor since I believe the commission is worth it.

.: @Basit Siddiqi @Linda WeygantI believe it’s worth keeping an eye on this development, as this measure is still a proposal and needs to pass through the Spanish Parliament.

I partnered with Build 2 Rent because I believe that it offers the best of all worlds.  

I reeeeeeeally wanted this to be true, too, I wanted to believe him so bad.

Really interested in investing in this market and would accept a relatively low return (or even a break even scenario because i believe in continued appreciation potential here). 

If you don't believe me, no one is asking you to.Now,  let's go to the first point.