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2 December 2024 | 35 replies
Hey Mike, good discussion and good that you have some clear expectations going in.As others have mentioned, since you'll be living there, it can be better to start with a subset of cities that you'll genuinely enjoy living in, then work backwards into data and metrics from there.For the cities you mentioned, here's a visualization of current rent-to-price ratios.
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28 November 2024 | 4 replies
In our situation, property managers won't likely fit into the pie since we are looking to sell the property in the open market.However, you can always leverage your "rock star" agent who found you the deal (assuming it's not an offmarket deal or from a wholesaler) to check up on the construction every so often.
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26 November 2024 | 2 replies
I think this is kind of a daisy chain from other sources, so it's not worth it; it's a kind of like Investor Lift for wholesalers.
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26 November 2024 | 1 reply
J Scott breaks down all the fixed costs on closing a wholesale/flip deal.
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27 November 2024 | 1 reply
I fix and flip, working with contractors, agents, cash lenders, I sometimes wholesale.
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1 December 2024 | 91 replies
I got a feeling you don't actually know what a syndicator is and are mixing it up with someone's snake-oi.... sorry I mean Wholesaler boot-camp program.
19 November 2024 | 1 reply
I have my first Wholesale deal under contract.
26 November 2024 | 3 replies
*Wholesalers are often people that don't have the financial wherewithal to do the deal themselves, so they try to get others to help and call themselves wholesalers.
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2 December 2024 | 34 replies
Sellers are absolutely predatory towards buyers whether the buyer is an end buyer, landlord, flipper or wholesaler and they will gladly sell you their home for more than it's worth while conveniently forgetting to tell you about any issues the property has.
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20 November 2024 | 12 replies
It was my understanding that the wholesaler brings an actual under-contract deal to a buyer and then the buyer pays a bit of a premium for the deal.