My personal experience after 40 + years in the real estate industry is that “wholesaling” is a very INEFFICIENT AND INEFFECTIVE way to gain knowledge and experience relative to real estate.

I base my rents on the condition of the unit and the competition. 

We are currently preparing my real estate strategy, of course using the Bigger Pockets Strategy book, as a previous business owner in another industry, there’s a lot of good and refreshing information here in this Strategy book. 

@Mike LambertAs the hospitality industry is revitalizing from COVID, hotels are back to the increased occupancy rates.

What is advantageous is someone that is good at underwriting and unbiased (only analyzes the deal based on the underwriting without other emotions).Note i have a fair amount of experience and plan to place a competitive offer tomorrow that the underwriting dictates not placing a competitive offer.  

Strategic management is the difference maker in this industry.

Learn from your family and on your own by going to different meet-ups and having conversations with agents, other investors and anyone else in the industry to hear about their experiences.Make 2025 a year of planning and how you will go about that plan. 

Its how the industry is run..

It is a well established belief in the financial industry that there is an inherent conflict of interest when financial advisors are compensated on sales commission.  

While it's definitely doable here, our market has gotten pretty competitive over the last few years.