Real estate consulting means providing expert advice to real estate businesses, investors, developers, and institutions on strategy, operations, market analysis, deal structuring, and specialized problems, in exchange for consulting fees or retainers.
Log in to followRead three consulting proposals for a portfolio review this month. All three had the same structure. Data gathering, stakeholder interviews, scenario modeling, findings presentati…
Sat in on a call yesterday where someone was introduced as a real estate consultant and I spent the whole hour not understanding what he was for. He didn't sell anything, he wasn'…
I'm planning a first purchase and someone in another thread suggested paying a consultant to look over the market I'm circling before I commit. When I emailed two of them, one quo…
I've been at this a year with nothing bought. Two weeks ago I sent a consultant a small multi I'm looking at, 4 units, $180k asking, self managed by an owner who's 78 and hasn't r…
I'm finishing up licensing and I've got two possible directions in front of me, and people I trust are split down the middle. Option one is joining a small advisory shop. Three pe…
I've been looking at small rentals in a rural county for a while and a few people who own land out here have started asking me what I think about their properties, mostly because…
Followup to the market summary question I posted a while back. That job happened, badly priced, and it turned into something. The original $600 became a $2,900 fixed scope once we…
I've been circling two people for a paid scope on a 12 unit I'm underwriting, and they're opposites. The first has operated around 300 units over fifteen years, mostly older brick…
I've got $9,400 saved. That's it, no other cushion beyond about two months of expenses I'm not touching. I've been pricing out what a first small rental actually costs and the gap…
Owner has a 96-unit 1980s garden complex, 71% occupied, in-place rents about 380 under a comp set I don't fully trust. They want advice on whether to reposition or sell as-is. Sco…
A local developer I did subcontract work for years ago called me about a 40 unit infill project that's stalled at permit-plus-nothing. His GC pricing came in around 12% over the n…
Sitting on an engagement where I built the operating model for a 180-unit value-add, and the sponsor now wants my firm's name on the model tab and a one-page memo that goes into t…
I've been putting together a shortlist of people who could help me sanity check a small market I've been watching for about a year. I emailed four, heard back from two. The first…
I spent fourteen years doing site selection and trade area analysis for a grocery chain, mostly drive time modeling, cannibalization studies, and go/no-go on individual boxes. Lef…
Someone in a local investor group posted asking whether a 0.4 acre corner lot could take four units under the current code, and got eleven guesses in the comments. I messaged him…
I do most of my looking in counties where the median sale is under $120k and a good rental buys at $65k. I've hired advice twice and both times the pricing conversation broke down…
A regional operator asked me to scope a study on whether they should enter a secondary metro with a 200-unit build-to-rent pipeline. They want a recommendation, not a data dump. M…
I'm three weeks from my license exam and a guy I used to work with called me Sunday. He's got about $250k he wants to put into a small rental somewhere cheaper than where he lives…
I own some raw acreage and I've been trying to get a straight answer on highest and best use before I do anything with it. Talked to two people who both call themselves land consu…
Scope is a repositioning study on a 60,000 square foot older office building in a secondary downtown, owner wants to know whether to convert, sell, or sit for three years. Six to…