Account Closed
90,000 Wholesalers in 2022 and now there ar 20,000 Wholesalers - Wha' Happened?
20 September 2024 | 6 replies
My opinion for what it's worth, Account Closed, is that it's much harder to find a deal now and make the numbers work.I believe there is more "investors" or at least people attempting to invest than ever before - combine that with our current situation of higher than what "most of us" are used to and low inventory = 10X harder to find good deals - in my opinion.Wholesaling being easy is a myth...I know so many people here in Chicago who talk about it, but the number of people doing it at any scale for a length of time is nearly zero....the one guy I know who's been at it longer than most here in Chicago is @Zach Shepard and he's a silent snipper!
Guillermo Nadal
Cash flowing with private lender
18 September 2024 | 1 reply
I combined owner financing with private money and then refinance with my bank.
Julie Muse
Quick Turnaround Success: Profitable Flip on N Orchard Knob Ave with Seth Choate
18 September 2024 | 1 reply
The relatively low initial investment combined with Chattanooga’s rising real estate market presented an excellent opportunity for a quick, profitable turnaround.
Adrian Smude
The BRRRR method is dead
21 September 2024 | 71 replies
The BRRRR combines all the things that can go wrong with rehab and managing contractors with the holding costs during the time when the rental is being seasoned, and then you are literally at the mercy of lenders who may or may not refinance you at a rate that will allow you to cash flow.
Patrick Gray
Advice on acquiring more real-estate in near-term environment
19 September 2024 | 6 replies
That's a lot of good leverage.If you like the performance of those properties then any one or combination of the recommendations above might work.
Michael Whitman
New to real estate investing, looking to build connections
18 September 2024 | 13 replies
Are you primarily seeking passive income, capital appreciation or a combination of both?
Eric Formiller
New Real Estate Investor
20 September 2024 | 22 replies
I've used a combination of Turnkey to BRRRRs and everything in between.
Matthew Rembish
Fund that Flip
19 September 2024 | 43 replies
There are handful of crowdfunding lending companies emerged lately.They all seem to share a need to be an accredited investor to start investing.In order for an individual to qualify as an accredited investor, he or she must accomplish at least one of the following:1) earn an individual income of more than $200,000 per year, or a joint income of $300,000, in each of the last two years and expect to reasonably maintain the same level of income.2) have a net worth exceeding $1 million, either individually or jointly with his or her spouse.3) be a general partner, executive officer, director or a related combination thereof for the issuer of a security being offered.How strict is the accreditation requirement is being followed?
Antonio Di Cristo
Looking to invest in TN
20 September 2024 | 25 replies
I'm based out of the Seattle area but I've built a 10 door portfolio mostly across Memphis and Detroit using a combination of turnkey, BRRRRs and everything in between.
Sean C.
Helping my father with a simple request.
17 September 2024 | 2 replies
But put a pen and paper in his hand and it was a lethal combination in his profession.