Alan Asriants
Why BRRRR is not an effective strategy today...
27 January 2025 | 41 replies
Quote from @Alan Asriants: Margins in the market today are extremely tight.
Collin Hays
I fired dynamic pricing today
27 January 2025 | 11 replies
Probably to protect their trust of their customers, and hope that we keep coming back, year after year.So today, I went back to my old business model: A fair price for my properties.
Joe S.
BOI injunction reinstated again today??
8 January 2025 | 9 replies
.: Someone just emailed us and said the BOI injunction was reinstated again today by the 5th circuit.
Anthony Poulin
Starting a Long Term REI Business Starts Today!
22 January 2025 | 8 replies
I joined this community because I want to get my hands dirty and not just meet people online but form some real connections and try to provide value back to those that are willing to offer me advise and guidance, and even encouragement.So, this is my current situation:Back in 2020 I was one of the fortunate ones who purchased real estate when prices were still low (compared to today) and interest rates where at 3% or below.
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?
Deborah Burian
Banned for Spamming Today
16 January 2025 | 16 replies
Ok, I wasn't spamming (I don't even sell anything I could spam) but I was pasting a "hi" message to new members THE SITE RECOMMENDED TO ME. Now I'm banned for spamming and while I'd like to handle this privately I'm b...
Glenn McCrorey
I quit my job today
29 December 2024 | 253 replies
What are your plans for the day to day stuff that you're going to be doing with all that time?
Laureano Perez
PRO MEMBERSHIP DISCOUNT CODE
26 January 2025 | 46 replies
I just used "realestaterocks" and its still active today!
Matthew Orr
Should I sure for specific performance?
26 January 2025 | 3 replies
Everything on my side was set to close, and then today the seller is refusing to close on Monday as they have not moved a few pieces of furniture they were supposed to get movers for.