![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2421772/small_1702488963-avatar-adammaciasbp.jpg?twic=v1/output=image&v=2)
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?
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/164259/small_1694600409-avatar-philglantz.jpg?twic=v1/output=image&v=2)
7 February 2025 | 40 replies
I've tried to give them the benefit of the doubt, but they do not learn from their mistakes and simply bury their heads in the sand.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3005123/small_1713987011-avatar-saraha250.jpg?twic=v1/output=image&v=2)
25 January 2025 | 6 replies
I may be able to STR a spare bedroom but that would be for later.Background: A fixer upper, but I do not know how much fixing is required.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2157225/small_1622081395-avatar-ajs80.jpg?twic=v1/output=image&v=2)
15 January 2025 | 2 replies
That would probably require a professional.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/86278/small_1621416251-avatar-allendehl.jpg?twic=v1/output=image&v=2)
22 January 2025 | 16 replies
We require them for any tenant over 18 years old.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2252198/small_1694595098-avatar-yaroslavs1.jpg?twic=v1/output=image&v=2)
20 January 2025 | 16 replies
That is often a matter of opinion and will depend on the attitude of your municipality.Most municipalities do not require neighborhood approval, but will offer the public opportunities to provide input which will be considered.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2406383/small_1694653188-avatar-ericc684.jpg?twic=v1/output=image&v=2)
29 January 2025 | 20 replies
(2) Variable cost: platform fees from Airbnb and VRBO, lodging/hotel/transit or whatever pass-through tax your local AHJ requires, cleaning fee, cost of replacement for consumables, repair and maintenance, etc.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3070515/small_1720649514-avatar-davids2860.jpg?twic=v1/output=image&v=2)
14 January 2025 | 5 replies
Title III of the ADA requires the removal of architectural barriers in existing facilities unless it can be shown that removing the barrier is "not readily achievable."
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3125177/small_1729811793-avatar-mattw684.jpg?twic=v1/output=image&v=2)
2 January 2025 | 18 replies
Hopefully you can state simply (and truthfully) at the end of the showing that you have other interested parties to whom you are showing the property and will let them know in due course.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2827589/small_1736773901-avatar-elijahe32.jpg?twic=v1/output=image&v=2)
16 January 2025 | 8 replies
This requires a dedicated effort sourcing and analyzing hundreds of deals to find the one or two worth pursuing.