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?
Kwanza Price
Advice for Finding Contractors (San Francisco)
11 January 2025 | 2 replies
You can also find various contracts online, develop your own then have an attorney review it to ensure it has teeth, and is legal in your area.7.
Rafael Valdor
Renting out my townhouse: DIY vs. PM vs. Realtor
11 January 2025 | 14 replies
Fake income documents are easily purchased online, and inexperienced screeners often miss red flags.
Samuel Dunlap
Maricopa County Probate Records
30 December 2024 | 4 replies
Hello BP Community,Unless I am mistaken, Maricopa County (Phoenix, AZ) does not post their probate court records online, unless you can provide specific names or case numbers.
Anna Nickens
Advice for a Newbie
9 January 2025 | 4 replies
To me a house hack will most likely work in Tulsa - I haven't done any research on that area, but as far as I know it's not a crazy market like places in California etc.Also read a lot, get some books from your local library or purchase some online.
Michael Beirne
Section 8 BRRRR in Baltimore
11 January 2025 | 13 replies
A property manager that can assist with rent collection, tenant screening, maintenance, and run an online ledger for us to track expenses.
Esther Iroko
Tenants not paying rent
20 January 2025 | 14 replies
Look them up online, call and interview several of them.
Clay White
Storage Unit Overhead Doors
7 January 2025 | 2 replies
If you're more of a 'personal referral' person than a 'do research online' person, and this is local to you in Manhattan, KS, hit up one or two of the trades people in the "little apple all stars" BNI group.
Michael Velez
Beginner Real Estate Investor
20 January 2025 | 10 replies
We all have a common reason for being in the room or on the online call.
Joseph Hossenlopp
Minoan to furnish rental properties
17 January 2025 | 28 replies
Quote from @Sarah Kensinger: Quote from @John Underwood: Wouldn't it be cheaper to order everything online and have it shipped to house?