Reeti Peshawaria
STR regulations for a new market
29 December 2024 | 11 replies
I don’t believe any jurisdiction is getting more lax on STR regulation.
Scott Schnabel
New Regulations in the City of Cleveland
3 January 2025 | 18 replies
As always, some bad actors cause burdensome regulations for everyone else.Per the Akron Cleveland Association of Realtors:"For example, in Cleveland, a local agent in charge must be identified if the property is not owner-occupied.
Tj Collins
Do 1031 Exchange regulations vary by state, or is it federal legislation?
16 December 2024 | 6 replies
It is a federal regulation but some states reach out and screw you.
Don Konipol
COMMERCIAL Mortgage Broker Licensing Requirements by State
28 December 2024 | 16 replies
Yeah, it is based on the state's regulators.
Adam Macias
Wholesaling as it is today will be a thing of the past.
4 January 2025 | 3 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?
Greg Strunak
air bnb bust
2 January 2025 | 8 replies
I don't see them ever reversing the regulations.
Jay Hinrichs
New laws in Oregon now define who can wholesale and what license is required
4 January 2025 | 44 replies
Those types of conversations or tactics are now going to be regulated.
John Malone
Are you aware of the new Corporate Transparency Act Coming in 2024 (every LLC)
31 December 2024 | 22 replies
Office; AND$5M or more in revenueSEC regulated investment companies + certain business already under strict regulations from the Federal Gov'tWho is a "beneficial owner"?
David Cherkowsky
House Hacking with Basement Airbnb in Old Town Alexandria
2 January 2025 | 9 replies
As for Alexandria specifically in terms of regulations don't take advice from a public forum - look up the laws yourself and make sure you understand them.
Danae Pitcher
2025 - Where We Are Going & Where We Have Been
2 January 2025 | 7 replies
He also doesn't control regulations in the states/cities, but his attempts to cut regulations may trickle down and impact personal property rights and people's ability to use their properties as they see fit.