I'm still working out where I fit in this industry, and lately I've been sitting in on trustee sales in my own county to learn the mechanics. Six on the calendar last month. Four…
I've been pricing my first deal from the outside for a while and I finally built the daily hold number instead of a lump sum contingency. Interest on hard money at a rate I'd have…
Trying to pick a lane and land keeps coming up because there's no rehab in it, which suits me since I know nothing about construction. The two shapes people push me toward are opp…
I'm looking at this from the money side rather than the contract side. A group near me runs deals where one member sources and another member brings the end buyer, and they split…
Writing this down while it's fresh because I would have wanted to read it in January. I joined a group that ran off a paid chat, $199 a month, and the main draw was a shared buyer…
1,100 square foot ranch, contract at 132, ARV I had at 205, scope I had at 24. First deal, six months of looking, and I got excited enough that I priced LVP and picked a paint col…
I closed the books on a quarter of sourcing spend and realized my cost per contract changes the deal answer depending on where I put it. Say a campaign runs 3,400 in data and post…
Driving for dollars keeps coming up as the task nobody wants to do themselves, and I want to build a service around that side of real estate. So my thought was to drive routes and…
Before I put time into this method I keep trying to price it honestly, and I come at it from the capital side. A pulled list of absentee owners with high equity in one zip runs me…
Trying to price out a start and the dispo model keeps coming up as the cheap entry because you're not buying anything and not paying for marketing to find sellers. My count so far…
I'm mostly on the rental and screening side, so treat me as an outsider here, but I've been helping someone sort a dispo buyer list and the numbers are strange enough that I want…
The wholesalers who keep calling me have me trying to figure out what they're actually doing, and my own work is on the rental side, so treat this as an outsider's question. What…
I pay 40 dollars a month for a tool that emails me new notice-of-default filings in four rural counties I grew up around. Last month it sent 11 names. Most are houses in the 70 to…
I do fast flips with thin margins and I want to add this as a lead source, but every course I look at wants four figures before I've seen a single address. What's the real cost of…
I sat in on a walkthrough of a 3.1M gut where the designer was on a percentage of construction cost and had sign-off authority over the GC's submittals. Two days later I read a sc…
Finished spec, listed at 469, three weeks in with decent traffic and no offer. My agent wants to advertise a permanent buydown, roughly 12k of points to the buyer's lender, which…
I've been circling one property for four months and I finally have it under contract, so now I get to find out what I actually don't know. 52,000 square foot suburban office, thre…
An assignment of a small industrial flex building has come my way and I'd be the end buyer, 22k square feet, three tenants, contract price 1.4m, assignment fee 85k. I plan to fina…
I've got a listed property under contract at 212k and I'm planning to resell at 235k the same day. The listing agent found out about the second closing somehow and told me she has…
I lend, I don't own, and this is the first time anyone has asked me for money that comes back the same day. Trying to understand it before I say yes. The deal as described to me:…