All 132 real estate strategies.Every room answered.
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Trying to work out the real number before I decide anything. Everyone says wholesaling is the no-money strategy but you still have to put something down with the seller, right? An…
This is a small one but it's my first contract so I'm writing it up. I'd been driving a couple of older streets after work with a notes app, writing down anything with a full mail…
I'm new and I've now seen the same brokerage's dual agency consent form handed over two different ways. First house, the agent gave it to me before she'd show me anything and said…
First one, done, tenant in, refinanced, and it cost me about 22k more than my spreadsheet said it would. All of it came from time. The house was a 1950s three bed in a working cla…
Duplex, bought at 140k, put 62k in. My comps supported 265k. Appraisal came back at 243k. At 75% that's 182k versus the 198k I underwrote, so 16k stays in the deal. I've got the a…
First rental coming and I've been reading everything, which means I've read about forty articles saying the NAR settlement was going to end the 6% commission. Then I looked at wha…
Reading the buyer agreement my agent sent before I've toured anything. Two things I can't parse. First, there's a paragraph titled protection period. It says if the agreement expi…
I mail land and small acreage, so this was a side experiment. I pulled the notices of default from two rural counties for the last 90 days, filtered to anything with more than 5 a…
Three deals in and I've hit a wall on the REO side. Every bank-owned listing that hits the MLS in my two target zips is going to highest and best within about 72 hours, and the wi…
Reading the language on the exclusion and it says two of the last five years, which reads to me as cumulative rather than continuous. But every article I find writes it as "live t…
Two years and one month in the house. Bought at $268k, roughly $74k of work, basis call it $350k with closing costs. Comps are $470k. Married filing jointly, so the gain sits well…
I've got money set aside and no deals, and I'm reading the luxury assignment numbers with real suspicion. The pitch is that the spread scales with the price, so a single distresse…
Two ways to control an obsolete building while you find out whether it converts, and I've priced both this year on similar boxes. One: buy it. You get a price that reflects the fa…
I frame houses for a living, so I'm on residential streets five days a week and I see the vacant ones before the mail carrier does. Started passing addresses to three local invest…
Two investors in my market are offering me different structures and I want to think about this properly before I pick. Investor A: $500 flat, paid only when they close. No cap on…
Development sponsors look like the most underserved client type I can find for the service business I'm putting together, mostly because their needs are lumpy and specialized. Bef…
Wanted to write this while it's still fresh because I did almost everything in the order the books say and it still didn't work. I optioned a 1.1 acre parcel in a first-ring subur…
Been doing rehab work for years so my phone is full of people who buy houses that need work. Actual buyers, people who have paid me to swing hammers on their projects. A wholesale…
Coming from renovation work where I can point at a wall I built, this model confuses me. I've been reading about wholesalers who only do dispo, and as far as I can tell they don't…
I've been doing tile and some light plumbing for a guy who flips maybe six houses a year in my area. Last week on a walkthrough he said, half joking, if you find me another one li…