Small punch-out and finish crew is what I've got, mostly working other people's projects. Eighteen months ago I bought a 1958 ranch, 1,750 square feet, in a decent school district…
I manage rentals for other people so I see a lot of renovation work, but I've never done this one myself. Everyone in my building's owner group says they're doing a live-in flip a…
Sitting on a signed deal where the personal representative wants to close in three weeks. The claim period for creditors in that state hasn't run out, and the title company came b…
An agent I met through a framing crew asked if I'd walk a 7,200 square foot house with her before it listed. Her problem was that she could see the house wasn't ready and couldn't…
I've spent the last few months reading conversion pitches from the capital side and the split between them is sharper than I expected. One group underwrites the building on its ow…
Coming off a 1950s three bed I bought at $186k from a seller she found through a property manager she knows. Nothing on MLS, no competing offers, and she took a reduced buy-side f…
I walked four open houses in my area on Sunday as a nosy visitor. Two had maybe six people through in two hours. One had a line at the door and the agent working the room hard. On…
I've been reading development threads for a while and everyone throws around "entitled land" like it's obvious. I thought it just meant zoned correctly. But then someone said a si…
I've got a purchase option on an infill lot zoned for about 14 units, 90 days left to decide. Land is $310k. Hard costs quoted at $215/sf on roughly 13,000 net sf, so call it $2.8…
Career changing into this and I'm starting from nothing. What I pictured was an agent opening the door, you like the house, you sign, done. Then someone in another forum said the…
I am rebuilding acquisition cost assumptions out to 2027 and the buyer-side fee is the one input I cannot defend with data. Redfin has averages near 2.4 percent in early 2025, ess…
Three different people found me in the last two months asking if I'd go look at a house for them. All out of state, all doing some version of remote wholesaling, all in the small…
I'm new to this specific strategy and I'd rather be corrected now. My planned numbers for a single out of state market: 10,000 text messages at about $0.02 each, so $200. Data and…
I'm about to close on my first rental but my brother in law wants me to look at a shell his neighbor is selling, and it's a proper gut. No kitchen, no furnace, back wall opened up…
This one's finished and closed, so I can give the whole number. 1,380 sq ft bungalow, bought at 118 with hard money. Scope was a real gut: full rewire, all new supply and waste, H…
I manage 140 units across 22 owners. In the last two months three of those owners have said some version of "I'm getting too old for this" to me on the phone. One is a 6 unit buil…
I'm mostly a long-hold land person so this isn't my usual lane, but I've had two people this month describe themselves to me as bird dogs and they clearly meant different things.…
Two operators have approached me in the last month and they want opposite things. The first wants deposit money. He's got sellers who won't take a 5k good faith check on a 1.9M ho…
I've got two markets shortlisted 700 and 1,100 miles away, decent price spreads, plenty of listed cash sales. I also live in a metro where houses are expensive, competition is hea…
Two counties, roughly 310 new default filings a month between them. I pulled the last 90 days to see what a real campaign would cost me. Five touches at about 1.10 a piece is 5.50…