I wholesale a lot of REOs and they fall into two categories. 1.

The initial effect on mortgage rates was a subtle increase in long term bond yields, however in comparison to earlier this summer residential and commercial mortgage rates are down considerably.For example commercial lenders were in the 7%++ range just a few months ago, and recently are as low as 5.5%-6% and falling.

He says his source at a leading information provider, tells him that their research reports a serious drop in the number of "wholesalers" out there from 90,000 in mid 2022 to about 20,000 now, in fall of 2024.

Ask discovery questions, genuinely care about the answers, and seek to find a solution that falls in line with what is important to the owner.Aim to first establish trust with the owner.

Just don't fall into the analysis paralysis trap!

This implies residential units can be built at lower costs and provide better return. 11) adding an ADU to SFH can make the SFH fall under rent control.  

when I think back on customers to avoid.we had a period in the SF Bay Area were a lot of folks came over from IRan after the fall of the shah and I was new or newer..

We have a 4br with unbelievable views and a theater room that sleeps 12 that is at $63,000 gross with most of the busy fall season and major holidays not yet booked. 

For long term rates, the markets have already priced in 1% of cuts this year and 1% of cuts next year, so we will still see them taper down but there will not be a fall-off like a lot of us might hope.  

No one is perfect and issues sometimes fall through the cracks.