![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3155882/small_1733976525-avatar-melissal246.jpg?twic=v1/output=image&v=2)
12 December 2024 | 1 reply
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.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/126024/small_1621418055-avatar-grmccror.jpg?twic=v1/output=image&v=2)
29 December 2024 | 253 replies
If you know what an "average" deal looks like then pull the trigger on one that looks above average.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/260398/small_1621436998-avatar-angela_a.jpg?twic=v1/output=image&v=2)
10 December 2024 | 0 replies
The $450K will be returned to me as payback of my loan to the intermediary, without trigger any capital gain taxes, right?
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2780128/small_1696621716-avatar-nataliap33.jpg?twic=v1/output=image&v=2)
31 December 2024 | 57 replies
lastly there are plenty of locks you can put on these switches or covers which you should invest in.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/802144/small_1694632570-avatar-carlosr77.jpg?twic=v1/output=image&v=2)
12 December 2024 | 7 replies
Locking in a lower interest term loan will also force you to get the principal down as opposed to just making minimum card payments every month that allow the balance to keep growing.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/459114/small_1621477597-avatar-jamiep106.jpg?twic=v1/output=image&v=2)
15 December 2024 | 9 replies
Around October, finished my MBA and told my seasonal job I was coming back this season, I was able to lock in. 4 days a week 3hrs a day resulted in a consistent 500 calls per week give or take.
7 December 2024 | 35 replies
The only reason to lock them in for 10 years is because you want to sell it to another investor and get out because you have too much equity, but Like I said if you lower the rent then you lower the value you can get.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1866804/small_1733331117-avatar-reevesb.jpg?twic=v1/output=image&v=2)
17 December 2024 | 14 replies
And an Agent/GC will only run around so much without you pulling the trigger.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1651041/small_1701928900-avatar-jakeb171.jpg?twic=v1/output=image&v=2)
11 December 2024 | 10 replies
A common strategy used by investors, such as those operating through PadSplit, involves purchasing the property, completing basic rehab, refinancing, and then using cash for the interior build-out.Another potential red flag, even without converting common areas, is the addition of individual locks on bedroom doors.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3155302/small_1733781423-avatar-robd178.jpg?twic=v1/output=image&v=2)
9 December 2024 | 1 reply
Ask the title company or closing attorney.I would think that trying to move the ownership out of the inherited IRA or change the deed might be considered liquidating the IRA and trigger taxes.