As a Developer and Investor in the Rawland Development and Glamping Industry.Also have AI Technology designed and developed for STR Industry.

Its a hard explanation on this part of the industry however I have decided to stay away from real estate and continue my path investing in the SMP500.

While technically negotiable, the Sitzer/Burnett case revealed that the industry practice effectively standardized these rates.

Here’s, the hard truth I’ve found in 45+ years in the industry; the vast majority of real estate investors, practitioners and business owners do not have a scalable activity.  

Industry professionals are biased towards what makes them the most money, understandably, because why else are they in this business but to make money? 

I started STR to offset my W2 incomes and found how easy industry was and focused last 2 years on it. 

Being in the industry for over ten years and running over 500 machines myself I can only say they are bad dudes. 

I had no money to put down on any properties, so I learned (a lot) and put in a lot of hard work and effort to get some properties under contract.Initially, I had no clue what I was doing, but I had the help of some people (and I appreciated that)I made mistakes that cost me around $30k (lost a deal due to my ignorance regarding title and escrow)The good news with wholesaling is that it doesn't take a lot of capital upfront, and you can start talking to sellers and learn about the industry in general.The other good news is that you can without a doubt generate revenue quickly if you do things correctly (having a good TC / title / escrow connection that keeps deals moving on the backend)That said, there are a few points that I've come to live by:1.

Do you think its helpful & necessary for upskilling teams or is the industry not in need of it?

I’m guessing that is because of your pessimistic view on the economy right now, but even if the markets dip temporarily, based on history, they will rebound to even higher points (I know just cause it’s happened before doesn’t guarantee it will happen again).Personally I have a successful business, but opted to diversify into real estate because my industry is heavily regulated and one change of a law could make me MUCH less profitable.