Some owner/aggregators tried to throw more tech at the process; some owner/operators didn’t care because they were building machines to only eat equity.

Came across this recent article from January 31, 2024 copied below:"Ohio REALTORS® have also heard more concerns about the practice of real estate wholesaling and how it robs vulnerable Ohioans of equity in their homes.

I'm a REALTOR® with Remax Platinum in the RGV.

(both properties cash flow $1,300/month so they are money machines)My other option (not ideal) is to put 20% down come out of pocket about $15k, dump $10k into rehab and be $25k into a house that will appraise at for $80k.

SAVE a bunch of your income.. starting off being a high income earner .... all things that help you create this machine as fast as you did.Have you thought about using the cash flow your not touching to start paying off your highest interest rate loans first. you get them paid off its like owning another unit without having to buy one.. your pay day comes when these are all paid off.. !!

The January 2024 market report from the Austin Board of REALTORS® shows that the median home price in the City of Austin fell by 2.8% over the past 12 months to $534,500.

I have been using deal machine to look up the properties on the list to find information about the properties, owners etc.

That is what it all boils down to.If a lender asks what your plan is and you say there is a new slot machine in Vegas you want to try out, that probably isn't going to fly.If you say you found a 4 bed 2 bath built in 2015 that you can buy for $350,000 and after fix up of $40,000 will sell for $500,000 that gets the conversation started.

I go inside to meet with the other tenant through the back door, the place reeks of dope, and I look down the stairs and see the two "kids" have set up shop on top of the other tenants washing machine.

Maybe compare real estate to owning a restaurant, or a 7 eleven, or a public washing machine place.