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Running about 1,100 dials a week on a stacked list, pre-foreclosure plus 50 percent-plus equity plus 10-year tenure. Contact rate is fine, roughly 8 percent. The problem is that o…
I do cleanouts and staging for a couple of estate attorneys, and one of the families said they'd rather sell me the house than watch it sit through another season. So now I'm hold…
I've done a handful of assignments in the $6k to $12k range and I keep running into the same ceiling: my buyers are all small landlords and flippers with maybe $300k of cash each.…
I have a rental closing in a few weeks and I was not planning to touch wholesaling at all, but a guy in a local meetup group said the high-end tier was wide open and nobody was ma…
Someone in a local group said the $3.2M house on the corner is "a pocket listing" and someone else corrected them and said no, it's an office exclusive, and then a third person sa…
We're finally moving on my aunt's house. It's the high end of a small market, 4,900 square feet on just under two acres, and the three agents who came through priced it between $2…
First JV I did was 50/50 and I earned exactly half. I brought a signed contract and nothing else, and my partner did the buyer work, the title chasing, the extension negotiation,…
First one I wrote the scope myself off YouTube and a lot of opinions. Went 41 percent over budget. Second one I did something simple. Before I closed, I paid a listing agent 500 t…
I read the ATTOM number about typical gross returns falling to around 25 percent, lowest since 2008, and my first reaction was that 25 percent sounds enormous. My savings account…
I mostly do long holds and land, so this was outside my lane and it shows. I ended up with two contracts I didn't want. Infill lots, one 1.1 acre and one 0.6, in a growing small c…
The carpet came up yesterday and there's red oak under all of it. Dull, one bedroom has pet stains that went through the finish, but the boards are flat and tight and nothing is c…
Trying to work out where money goes on the acquisition side, and I don't think this has an obvious answer. The case for paying the fee: you see the actual property, with actual nu…
I did a controlled version of this last month because I couldn't get a straight answer anywhere. Same 2.5 hours, same afternoon light, two different sides of a 1950s tract area wi…
Construction background, so the spotting part is easy for me, I can read a house from the street. Now I've got 60 addresses on my phone and I'm stuck. I tried Zillow and it shows…
Lead came off a pre-foreclosure pull combined with equity over 55 percent and 19 years of ownership. Owner is behind, wants out before the sale date, and has been clear he does no…
I've mostly been reading about notes and paper, so the direct-to-seller side is new to me and I'm probably asking this clumsily. When people talk about a data platform with 200 st…
On the second luxury file I've been near, the seller's attorney asked me a direct question on the first call: are you the buyer. I said I was the buyer of record and that I work w…
I'm looking at funding the buyer side on a distressed estate assignment, 2.3M contract, and the package I was sent has the fee structured in a way I don't understand the purpose o…
Running a small service outfit, mostly doing the disposition legwork for two operators, and one of them has a signed contract on a distressed estate at $1.85m. Seller's counsel st…
Bought a 1920s four unit two years ago, all four occupied, all four rents about 40 percent under market because the previous owner never touched anything. Two units are 1 bed, two…