All 132 real estate strategies.Every room answered.
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The paperwork nobody reads is where this turned up. A buyer who takes roughly two houses a month wants me sourcing only for them in three zips, in exchange for first look on every…
28 unit garden-style, three buildings, 1978, secondary southeast market. Broker had it lightly marketed and it had already been under contract once and fallen out. I went in on th…
One of my management clients owns a small apartment portfolio and also, it turns out, 40 acres she inherited outside a growing exurb about 45 minutes from a metro. She's 78, doesn…
I've had three separate conversations now where a builder tells me the finished lot has to come in at 20 to 25 percent of the retail house price, like it's a law of physics. So a…
I want the boring thing that works, so I've been reading about this model and I keep hitting the same doubt. A dispo-only operator doesn't find the property, doesn't contract the…
Getting my license, still figuring out what I'll do with it. Two REO-specific things I can't get a straight answer on from anyone local. One, when a bank lists a repossessed house…
This is a small one and it is the least exciting deal I have ever done, which is why I am posting it. Land, no house, no tenants, no rehab crew. A regional bank ended up owning ab…
Still working out where I fit in this industry, and I keep landing back on buyer representation because the work sounds like something I'd be decent at. Then I read the outlook he…
I proposed this in March expecting to be laughed at. The agent I liked was pricing at 2.5 flat, and about half of what I was looking at was coming out of my own scraping of assess…
A few deals in and I've always just let the commission happen without looking at it. Now that it's a negotiated number in my agreement I want to understand what I'm actually payin…
Two written proposals in front of me for the same search. Agent A: 2.4% of purchase price. On my target range that's about 11,040. Full service, she's been doing this eleven years…
Deal I'm modeling as a career changer, so tell me where I'm wrong. Tax card says 1,450 square feet. Tape says roughly 1,900, because at some point somebody finished a rear additio…
The exit-flexibility argument goes like this: if you underwrite a full gut so that the finished house also works as a rental at your all-in basis, then a soft resale market can't…
Notes and paper still confuse me most of the time, and bird dogging keeps getting recommended to me as the place to start because it needs no capital. I want to test that claim be…
The office manual I got at orientation has a designated agency addendum in it. The client signs, the managing broker assigns one agent to the seller and one to the buyer, and the…
Contract with the seller at 214k, resale to my end buyer at 252k. I built the whole thing as a double close because the spread is 38k and I did not want that number sitting on an…
Trying to get a real number in my head before I stop researching and start doing something. What I think I understand: assignment costs you basically nothing, double close costs y…
I've been going back and forth on this while I try to figure out which strategy actually fits me, and the dual agency question keeps showing up before I've even picked a lane. The…
Small portfolio, mostly rentals, and I've been adding certificates as a side sleeve. At a dozen positions in one county I can hold the whole thing in my head. I want to go to some…
Bought this one at a sale three years ago. Certificate was $2,410 on a small frame house on a third of an acre, statutory rate 12%. Paid subs every year since, $1,190, $1,240 and…