Discussion
Mostly reading about notes so this is adjacent to my lane, but I'm looking at buying one small rental to understand the asset side, and I've hit something confusing. Everything I…
Discussion
I've been doing passive positions for a while and I do a lot of due diligence on sponsors, so I'm comfortable with the paperwork side. What I've never done is buy a property direc…
Discussion
Four deals in, and every agent I interview says they work with investors. Then I ask what cap rate the last small multifamily in the submarket traded at and I get a blank. I've st…
Discussion
Construction is my background, investing is not, so I'm the guy who trusts a scope of work and distrusts a comp. Property is a 1,400 square foot 3/2 in a decent submarket. Agent's…
Discussion
Six units across two small buildings, self-managed, and I'm on my third agent in four years. None of them were bad people. They just didn't understand what I was buying. So I star…
Discussion
Six months into a relationship with an agent who bills himself as investor-focused. I gave him a written screen: max purchase 180k, 8.5% cap on trailing actuals, 1.25 DSCR at 7.25…
Discussion
I've been working with an agent who genuinely knows investment numbers. She runs comps, she understands ARV, she's brought me two pocket listings from her wholesaler contacts. No…
Discussion
I said yes on the call like I knew, then googled it after. I think it just means what kind of property I want? But every example I find online is a spreadsheet with a dozen rows a…