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Everything I read about wholesaling says build a buyers list, dozens of names, email blasts. Everything I read about reverse wholesaling says get one buyer and go find what they w…
I've got a 5 acre parcel I'm talking to an out of state owner about. She inherited it, has never seen it, wants $9k and I think a builder around there would look at $25k-ish for s…
I've been the guy who reads instead of offers for about a year, so I'm putting the whole thing down while I still remember the ugly parts. Parcel was 5.1 acres at the edge of a gr…
Everything in a land deal hangs off one number, what the finished lots sell for. And that number lands two to four years after you sign, which is the part I can't get comfortable…
Closed acquisition on a 1950s ranch six weeks ago, all in around 212k with the buy plus about 41k of scope. Comps in that pocket support 305 to 318 depending on how the kitchen la…
Slow mover here, I read forms before I sign them and I've now read two that seem to describe the same thing in different words. One said dual agency. One said the agent would act…
I'm on a live-in flip where the scope has grown from a kitchen and two baths into moving a load-bearing wall and redoing the whole panel. Original plan was to pull everything as o…
9-unit, 1960s brick, listed three weeks ago at $1.24M. Signed a 5% total commission, 2.5 each side. Rents are $8,900 a month, T12 NOI just under $84k, so I'm priced around a 6.7 g…
Building my target list in a metro where two brokerages between them hold maybe 40% of the listings I care about. So if I hire an agent, the odds that my buy-side agent's own firm…
I've been running rehab scopes for years and land is new to me, so I'm looking at fee structure from the outside. Two operators I talk to price assignments completely differently.…
Spreadsheets don't scare me, but I've never managed construction and I don't know what tooling the heavy renovation people pay for. I see ads for project management platforms aime…
Every underwriting model I build for a heavy rehab now has a second tab on it, and I want to know if that's normal or if I'm adding work for nothing. Tab one is the flip. Purchase…
I do renovations and I keep bumping into sellers who don't want a rehab, they want out. I can't use those, so last year I started handing them to a five-person wholesaling group a…
Property management is my day job, so I know what it costs to run software for a small operation. Somebody in a wholesaler group invited me in and said the four of them split one…
New enough at this that I'm still surprised by it, but roughly a third of the probate leads I've looked at came with no interior access at the offer stage. The heir has one key, l…
First purchase, probably a small rental rather than a house to live in. I've got calls booked with three agents and I realized I have no idea what separates a good one from a bad…
I'd rather know what actually happened than what people predicted, so I've been reading the follow-up data. The case that nothing changed: NAR paid $418 million and rewrote the ru…
I said yes on the call like I knew, then googled it after. I think it just means what kind of property I want? But every example I find online is a spreadsheet with a dozen rows a…
Framing background, so what I have to offer an agent isn't capital, it's the ability to stand in a basement and tell her within ten percent what the repairs cost. Started doing th…
Trying to work out which side of this business fits me and I keep hitting the commission math. The pitch I hear from sellers is that if the listing agent finds the buyer, everyone…