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?
Cody Caswell
Introduction - Investor and Interior Design Company Owner
3 January 2025 | 4 replies
I love home depot because i get military discount there!
Wiley Hood
Are DIY cost segregations a good idea?
12 January 2025 | 28 replies
Feel free to reach out to me for a friends and family discount code.
Marc Shin
How to market to ideal guests or Avatar during the dead of winter
2 January 2025 | 12 replies
Let's say my competitors are at $100/night.. what's a reasonable discount?
Adonis Williams
Inquiry: Mortgage Interest Rate with Point Buy Down
14 January 2025 | 6 replies
You’re paying too much for each 1/4 point discount.
Mordy Chaimovitz
Crazy prices on 2 and 3 flat buildings in chicago
13 January 2025 | 11 replies
Would you forecast that there will be some big discounts on these in a few years as people realize that they cant afford to hold onto themthank you!
Marc Shin
Airbnb first photo tips - what should be on the first photo?
31 December 2024 | 14 replies
If you don't have a crazy house like a potato, a tremendous view or historical area, then choosing a pic is harder.I like the idea of the game room if that is your best feature.
Brandon Simpson
Should I stay away from properties that have been on the MLS for a long time?
5 January 2025 | 8 replies
I got a reasonable discount on the purchase price, and it has made me a good amount of money over the years.
Devon Shives
2nd house hack help!!
9 January 2025 | 2 replies
That was a substantial discount compared to my friends who were paying 2k+.
Blake Winiecki
New Investor in Southwest Florida
15 January 2025 | 12 replies
You can get houses at huge discounts and it is a great time to buy for appreciation.