I've got two things I could put the same money into and I've been stuck on this for three weeks. The first is four raw acres in a growing outer suburb, priced around 112k, that wo…
I pulled 14 notice-of-default leads in one county over five weeks and ran every one twice, once to a rent number and once to a resale number. On rents, at a 7.9 percent gross yiel…
I've been building the cost side of this on a spreadsheet for a month and the number keeps growing, so I want to know which parts of it are real. What I have so far, annual, for s…
I've been staging and prepping listings for five years, mostly median-price work, $2,800 to $4,500 a job, 30 to 45 days, turn it fast and move on. Two luxury agents in my market h…
Off-market deal, seller's agent sent terms before anything is papered. Purchase price is going to land around $6.4M. My buyer-broker agreement with the client is 2.5%, so $160,000…
Numbers first. Bought at 145k, budgeted 55k on the rehab, actual spend landed at 73k. Most of that was a sewer lateral nobody caught and a roof that went from patch to full tear-o…
BRRRR has come up in my reading for a few months now and the same disagreement between sources keeps showing up, so I want to see how this room splits. The classic version says th…
I sold the condo I'd lived in for nine years to fund the thing I'm slowly building. Because I read everything twice, I asked all three agents whether they'd do a tiered structure…
Trying to work out which side to point myself at. The story I hear constantly is that the settlement hit buyer agents and left listing agents alone, so build a listing business, c…
A few deals in and I'm hitting a ceiling on dispo, so I'm looking at JVing my contracts out instead of sitting on them. Before I commit I want the real cost sheet. I've seen peopl…
Guy I've done two walkthroughs for wants to make it a standing JV. His pitch is that his buyers keep coming back with rehab numbers 20k over his and killing deals, and that a writ…
Ran this from January to mid-April and shut it down. Writing it up because the arithmetic is simple and I ignored it for three months. Setup: two callers, part time, paid hourly p…
I've been calling absentee owners for a few months and mostly getting hung up on, but one guy actually said he'd take a number that seems workable to me. And now I'm sitting here…
I'm list building, no deals yet, and I've realized I'm building the wrong half without deciding it on purpose. I've got about 400 records of absentee owners and pre-foreclosure in…
Construction is what I know, so when I got my broker license the plan was obvious to me. A brokerage specializing in new construction resale and inventory listings, staffed by age…
I don't want to be a wholesaler. I want income that doesn't turn into a second job, and I needed cash to seed the boring part of that plan. So I ran one land campaign, got one dea…
Agent I've been circling for six months finally sent the paperwork. Exclusive buyer representation, 12 months, county-wide, all residential 1-4 unit. Compensation is 2.5% of purch…
I've been working with an agent who genuinely knows investment numbers. She runs comps, she understands ARV, she's brought me two pocket listings from her wholesaler contacts. No…
Writing this down because I think a lot of people preparing are doing what I did. I'm looking for one small rental to hold, not to wholesale, so my idea was to find an owner direc…
Small town, population under 4,000, three bed one bath at 1,180 square feet on 1.4 acres. Judicial state, so the notice had been filed 14 months before there was a sale date on th…