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Bought a 318k three bedroom, my second property. I do a lot of due diligence on everything except, apparently, the thing I signed on day one. My rep agreement said 2.5%, 7,950 at…
Trying to get the vocabulary straight before I talk to anyone. My understanding was that there's a buyer's agent license and a seller's agent license, and you pick one. Then a fri…
This was my second LP position ever and my first development deal. A 22,000 sf medical office building on a suburban outparcel, total project around $9.4M. The sponsor had done fo…
The listing calls a 3 acre parcel "fully entitled for 30,000 sf of flex." I called the planning department to ask a basic question about setbacks and the person told me there's no…
Running the two versions of this against each other and they don't converge, so I'll put it to the room. Version A is the standard picture. You buy the ugly house, move in, and do…
Still learning how private money actually moves, and this strategy confuses me on that front. The whole appeal is the exclusion, but the exclusion belongs to the person living the…
Trying to understand how private capital moves and this model confuses me. Everyone in a micro-wholesaler network is small and part-time by definition. So when a deal needs a doub…
Been building a texting and skip trace list for about seven months. Spending $640 a month on data and sending, and I'm getting around 9 real seller conversations a week out of it.…
Low price point markets are what I know, and the thing I can't settle is whether ground-up multifamily makes any sense out here or whether the fixed costs just eat you. The case a…
Rehab guy here, mostly I get called after someone else has locked a house up. But a seller found me directly through a mailer test I was running and I'm trying to do this one as a…
I've been reading through the 2025 state changes and the pattern that jumps out is that most of them attach to marketing and to the fact that the wholesaler doesn't own the proper…
Reading a term sheet for the construction side of a heavy rehab and I've got questions that are probably obvious to people who've done this. Structure as I understand it: 240k pur…
The advice everywhere is to underwrite a gut flip so you can pivot to a rental hold if resale softens. I tried to actually do it and it doesn't work on my deal. Numbers: purchase…
A buyer handed me a written box in March: 3/2 minimum, 1,100 square feet and up, ARV band of 220 to 340, offers at 70 percent of ARV minus repairs, nothing with slab movement, not…
Pre-listing a luxury flip before completion keeps coming up and the room seems genuinely split. The argument for going live at drywall is that you start the days-on-market clock w…
Got a term sheet back for a single spec house, first one for me. Lot's already mine, bought it last year for 62k with cash. Build budget from the contractor is 288k for 1,850 squa…
Numbers on the one I'm looking at. Lot is 180k, plan is 2,400 square feet, my best hard cost number is 165/sf so call it 396k. Soft costs I've penciled at 55k. That's 631k all-in…
I'm setting up sourcing around a job and I keep going back and forth on where the ten hours go. The narrow argument: you can only have so many real conversations a week, so the co…
Small multifamily person here, every unit has taught me something and this one is teaching me about my own budget. Contractor bids on the unit turn came back higher than I want to…
Two deals in progress, both roughly 1,300 square foot three-beds in the same submarket, and I've deliberately run them differently to see what the appraiser does with it. House A…