Cheng Chu
Rental Demand in Mckinney, Texas
12 January 2025 | 3 replies
@Cheng ChuMcKinney is a fantastic market with strong population growth, and it’s a great choice for single-family home (SFH) investments.
Joel Oh
Anyone owns OMG category?
13 January 2025 | 12 replies
Looking at the places, they are all the "weird" kind or have some kind of alternative building practice.
Craig Parsons
To Build a Garage or not To Build a garage
18 January 2025 | 2 replies
Good luck with either choice!
Chris Ke
200k down payment available and I can benefit from tax deductions
14 January 2025 | 5 replies
El Paso cash flows beautifully with minimum down payment and has plenty of choices.
Ilir Livadhi
New to the U.S., Experienced Renovator Looking to Start House Flipping
15 January 2025 | 10 replies
(Auctions and foreclosures can also provide great leads.)With $20K, hard money loans are a practical option, as they emphasize a property’s ARV over your financial history.
Victor Adekunle
3 Proven Strategies to Help Real Estate Investors Generate More Deals & Maximize ROI
14 January 2025 | 0 replies
Here are 3 practical strategies that might help you take your investment business to the next level.1.
Sheila Steubing
REI GAME CHANGERS Reviews James Hodges
17 January 2025 | 19 replies
It is alarming to witness someone in a prominent position within James' mentorship program engage in such unethical practices.
Rene Hosman
Have you ever moved your HSA to get better investment options?
15 January 2025 | 10 replies
Popular choices like Fidelity, Schwab, or Vanguard let you invest in a range of stocks, mutual funds, and ETFs.
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?
Bruce D. Kowal
The Side-Hustle Timeline: How to Build Your RE Business While Working 9-5
16 January 2025 | 1 reply
.🎯 Your 6-Month Timeline:Month 1: Foundation (5-7 hours/week)Morning routine: 1 hour daily market researchEvening routine: Deal analysis practiceWeekend: BP forums & networkingKey Goal: Analyze 10 deals on paperMonth 2: Education (8-10 hours/week)Complete 1 RE courseJoin 2 local REI groupsSchedule lunch breaks with agentsKey Goal: Build your initial power team listMonth 3: Systems (10-12 hours/week)Set up deal tracking systemCreate document templatesEstablish banking relationshipsKey Goal: Ready to make offersMonth 4: Lead Generation (12-15 hours/week)Drive neighborhoods after workWeekend open housesSetup automated MLS alertsKey Goal: Generate first 5 qualified leadsNow, the Owners and Brokers you deal with may not enjoy this, but you can certainly "practice" making offers.