Hi All,Pennsylvania has new legislation going into effect in January 2025 that requires wholesalers to have a real estate license in order to wholesale.

While vetting is essential, I agree that tenants (all tenants) do come with risk. 

Mortgage on my current home (4 bed, 1.5 bath, on roughly an acre, in a quiet neighborhood) is $1445 and the idea would be to rent it out for $2000ish plus all utilities depending on the rental market this time next year but currently that's pretty close to where it would be. 

After really listening to the BP podcasts and reading these forums, I am learning and identifying all of these different strategies.

Would all traditional loan options be on the table?

Is this at all possible?

Just wondering if this is all normal? 

So all things considered, the 5% and 6% returns don't sound terrible to me, especially given the costs of selling and where the market is in general (high prices and relatively high interest rates).The 1.5% on the other hand is pretty tough to swallow.

Hi folks, this has been all over the news and social media so I hope it's not a surprise to anyone but I just wanted to cover all the bases.Due to legislation spearheaded by the RI attorney general earlier this year, there is a new RI rental registry in place that requires all rental unit owners (even short term rentals) to register every rental property and rental unit in the state of RI, by October 1, 2024.The website is www.rentalregistry.ri.gov and you will also need to upload a current lead certificate ("Certificate of Lead Conformance") for each rental unit.The demand is so high that lead inspectors are currently booked out into November and December, so I hope you already have lead paint certs for all your units.

You might try apartments.com, Trulia, Homes.com, Redfin,  From a Real Estate Broker Perspective, Zillow generates 80% of all traffic at this point in time.