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?
Victor N.
Tenant Refusing To Turn on Heat In Winter In Order To Save
18 January 2025 | 36 replies
I filed for eviction and of course she hasn't paid rent dec and Jan.
Brian Kantor
Any multi-game arcade machines/vendors you'd recommend?
1 January 2025 | 27 replies
Any tips or advice?
J.P. Coghill
Appfolio On Boarding
15 January 2025 | 8 replies
I have integrated a couple of other platforms and had to do the exact same steps when it came to being able to receive payments online.
Anthony Poulin
Starting a Long Term REI Business Starts Today! Lets go!!
17 January 2025 | 6 replies
I joined this community because I want to get my hands dirty and not just meet people online but form some real connections and try to provide value back to those that are willing to offer me advise and guidance, and even encouragement.So, this is my current situation:Back in 2020 I was one of the fortunate ones who purchased real estate when prices were still low (compared to today) and interest rates where at 3% or below.
Fifaso Fundapk
Tips for a Seamless Apartment Renovation in New York City
19 January 2025 | 1 reply
Hi everyone,Renovating an apartment in New York City can be exciting but challenging. Start by understanding your building’s rules—many co-ops and condos have strict renovation guidelines and require board approval. H...
Marshal Butterfield
New Member Introduction
15 January 2025 | 9 replies
Welcome to the community and be ready for a huge amount of information at your finger tips.
Mike Sfera
When to get a property manager
16 January 2025 | 26 replies
With boundaries of course as @Adam Bartomeo expressed.
Salome D.
Multifamily Passive Investing
24 December 2024 | 23 replies
Search them online and check out their websites.Meetups.
Keegan Felix
Full time working mom of 3 in my 40's with 8K to invest
9 January 2025 | 21 replies
Of course you have!