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…
I've been trying to work out which lane fits me and bird dogging keeps coming up as the answer for people with no money. Fine, I have no money. But every description I read frames…
Over about three weeks of driving the same four streets on my way home I've written down 11 houses. Tarps, waist-high grass, mail visibly stacked in one door, a code enforcement n…
I've got 90 days into this and no deals, so take my framing as a beginner's framing, but I've now heard two experienced people in this room describe completely opposite machines a…
Everything I read about probate says build attorney relationships, they'll feed you deals. Nobody explains what that looks like from the attorney's side. Why would a lawyer whose…
Five weeks of calling instead of pulling lists. I pulled cash deeds from the county recorder going back 18 months, flagged anyone who bought twice, got 41 names, reached 11 humans…
Most of my work sits on the capital side, so I read about reverse wholesaling from the other direction and I'm confused about the first step. Everyone says get the buyer first. Bu…
Underwriting is what I do all day, which makes this one embarrassing. A-B at 224k, B-C at 259k, same day double close, cash on both ends. I put 35k in the spread column and built…
I wanted income without a second job, so pre-foreclosure was the last thing I expected to end up doing. What changed my mind was realizing I only needed one. For anyone new, a not…
I'm taking my time on this first purchase and trying to think a year out rather than about one house. The reported first-quarter numbers have foreclosure starts up 20 percent year…
I run renovation scope for other people. Every week I drive past three or four houses that are obviously in trouble. Tarp roof, mail piled up, a dumpster that's been full since fo…
A guy who does yard work in a neighborhood I like emailed me offering what he calls off-market leads. His terms: $400 per lead, paid before he tells me the address, and he says he…
I look at the lending side mostly, so I come at this from the paperwork end. My understanding of an assignment is that I'm selling my contractual position, not the parcel, so no b…
Someone I met at a local meetup asked me to fund a same day double close on a vacant lot. I've only done second position loans against rentals, so land is new to me. The numbers h…
Deal in progress, 3/2 in a working class suburb, contract at 118k, buyer at 141k, so 23k of spread before title fees. I sourced it, he brought the buyer and did the walkthrough wi…
Building my buyer list before I chase anything. I'm at eleven investors, mostly from two meetups and a couple of cash sales I found at the county recorder. Everywhere I look someo…
Buyer is a rental operator running around 40 doors who adds two a month when the price is right. He wanted exclusivity. I wanted repeat volume without being his unpaid acquisition…
Sold a block of stock in 2022, rolled 240k into an operator's project inside a designated tract, ground up 34 units over retail in a mid size southern market. I do a lot of due di…
Been looking at a 1970s duplex, $198k asking, both sides rented at $875, taxes $2,400, insurance quoted at $1,900. Roof is maybe six years old. It sits inside a designated opportu…
Construction is my background, the investing side is new. Everything I read about opportunity zones talks about funds like they're big institutional things with a whole back offic…