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26 February 2025 | 22 replies
I also personally feel like I may take a step back from my main biz in about 15yrs..
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15 January 2025 | 9 replies
Joining BiggerPockets is a fantastic first step – it’s where so many great real estate journeys start.
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7 January 2025 | 12 replies
Find Brandon's videos on YouTube for the "four square" method of analyzing homes and practice.
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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?
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15 January 2025 | 1 reply
I'm not sure how and what to look for in a lender that would take the property as a down payment or what step I should take first.
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22 January 2025 | 56 replies
Much like by the end of this decade, I will take those same steps to become even less involved with work and have more times with my kids who will be really developing and that will be my focus.The difference once I made money, and was able to make it make money for me I de-risked by eliminating leverage.
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15 January 2025 | 9 replies
They can fine you for practically anything and they want all the STRs to be banned from the city.
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15 January 2025 | 7 replies
In practice rents will be slightly lower and sometimes slightly lower.
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19 February 2025 | 171 replies
We are also temporary heat providers for most large construction projects in and around Buffalo NY, neither I nor anyone in the industry that I know if has been contacted about setting up temporary heat for this project which is normally one of the first steps before a project gets into winter. thats a nice cottage industry winter heat..
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19 January 2025 | 17 replies
takes way too many steps to set up anything, terrible user experience.