Terrance Brewer
New Member in NJ
27 December 2024 | 13 replies
welcome. go to as much networking events as you can and mingle. there are great posts on this forum which you can learn on many different topics. the podcasts are great. if i can help in anyway, reach out
Danielle Levy
Filing lawsuit against property management company
11 January 2025 | 17 replies
These things going to court you have to Steel Man the argument and if you can do that with a good base for your side being in the right/wining the argument then you may be able to win in court.
Polat Caglayan
What do you think about the future of Detroit?
12 January 2025 | 10 replies
Sometimes they forget to tell you that many tenants in Detroit don't pay (depending on the property manager skill and the type of tenant) - but taxes are very high in the city and so is insurance.
Roman Stefaniw
Arms length Mortgages/Private Lending
14 January 2025 | 15 replies
I fairly positive that wont work, i have read that contacting mortgage brokers is the best way to go if you can find one.
Noah Laker
Opening a Sober Living Facility
15 January 2025 | 4 replies
@Noah Laker Will you be running the house or leasing it to a company.
Mike Sfera
When to get a property manager
16 January 2025 | 26 replies
Since I will be managing it after purchase, you can be certain I'm not going to sell you a bad investment.
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?
Karen Smith
The Rise of Private Lending: What's Your Experience?
13 January 2025 | 12 replies
U can send me a PM and we can go from there.
James Wise
Why do people Buy Property in California
15 January 2025 | 192 replies
If you are the best in the world at something, you often go to NYC.
Pamela Rivas
Seeking insights: Crafting a free guide for foreigners investing in Mexico.
17 January 2025 | 3 replies
The work around was a Mexican bank was the owner and lease it to the foreigner.