You can wholesale as an agent, if you are under a broker and they give their approval, with whatever conditions they may or may not add.You can wholesale as a "suspended" agent (or whatever the proper term is) when not under a broker.You can wholesale while not being an agent, in some states.

Hey Keis, great move getting ready for your first multifamily.If I can add my two cents — the most important part of buying your first 2-family in NYC is making sure you truly understand the local market and the underlying ownership conditions of any property you’re considering.

I have owned my house built in 1985 and in good condition now for 8 yrs and I am the only one on the deed.

I’m flexible on price per door depending on location and condition, though I’m primarily targeting strong cash flow and a 14–16% IRR range over a 5–10 year hold.I’m open to markets like Wylie if the fundamentals support stable long-term growth. 

Assisted living is usually classified as a medical/long-term care use and often requires:• A conditional use permit• Public hearings• Compliance with fire, accessibility, and staffing rulesBefore you spend a dollar, confirm the municipality will even allow the change of use.2.

You’re definitely right about that.Question: On the contingency reserve, do you typically budget a percentage of renovation costs (10-15%), or a flat amount based on property age/condition?

With balanced conditions and steady demand, well-presented and properly priced homes continue to attract buyers, while overpricing can lead to longer days on market and, ultimately, a lower final sales price.

Curious how the process went — smooth or too many conditions?

I'd add that because wholesale deals are more likely to be atypical in some way (for example, they wouldn't pass a normal inspection, or are in worse condition than normal properties, and sometimes close faster than normal), some wholesalers or real estate agents that work with wholesalers will try to throw in additional junk fees to take advantage of the buyers lack of experience.

But if not, you’ll be glad you didn’t let it slide.For future tenants, collecting a larger deposit where legal or even considering last month’s rent upfront can help avoid this altogether.Hope the move-out goes smoothly and they leave the place in good condition.