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14 January 2025 | 21 replies
I assumed that shopping around for the best interest rate would be good enough.
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9 January 2025 | 16 replies
I can provide him with an online log in so he can review the books from his office.
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16 January 2025 | 6 replies
Here are a few tips to help you get started:Financing: Since you’ll be starting your internship soon, lenders may look at your projected income or require a co-signer until you have a longer work history.
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23 January 2025 | 15 replies
Hi all, I have few town homes as rentals under llc, now I am shopping for insurance.
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14 January 2025 | 11 replies
Hi BP Community, Although I have been listening to BP podcast for quite awhile now, I am new to joining this online community!
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11 January 2025 | 4 replies
@Bridget HustonWelcome to the community and be ready for a huge amount of information at your finger tips.
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18 January 2025 | 16 replies
I understand the BRRRR method is not all that it used to be in the past years, but given that I have a lot of capital to play with, I figured that I would still be able to find ways to make it applicable.Does anybody have any suggestions/tips for me?
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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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16 January 2025 | 12 replies
I suggest finding an online bank that gives high interest rates.
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27 January 2025 | 18 replies
Negotiation tip #47, make it as simple as possible for the other party to accept your terms.