I'm slow about everything, so I've been asking this question for months and getting split answers from people who've all actually done it. The franchise pitch I sat through wanted…
This is my first time actually putting any of the paper stuff I've been reading about for months to work, so push on it. Deal shape: 1970s three bed on a slab, tired but dry, sell…
Helping on the paperwork side of a small flip and the general contractor's proposal asks for 40 percent at signing, 40 percent at what he calls substantial completion, 20 percent…
I own a service business and I'm about to try one of these on my own. There are two things nobody will give me a clear answer on. First, the house will sit empty while we paint an…
Reading this room for a few weeks and there are two clearly different practices in it and both are defended by people who've done more than I have. The first says: most certificat…
I've done land for years and I've always thought the luxury agents were selling wallpaper. This one changed my mind, so I'll write it up plainly for anyone new. The parcel: 38 acr…
First property, a two bedroom condo in a 1980s complex, listed at $189k. I've been reading about notes and paper for a year and I still bought a condo, which is its own story. I d…
I'm most of the way through the licensing process and I've realized I never decided what happens to the reverse wholesaling side afterward. The case for keeping it as an assignmen…
Client bought a 1962 ranch out of an estate. Representative signed as-is with no seller disclosure form, her attorney said fiduciaries are exempt. Fine for that sale. Now I'm the…
Running a small service team and I keep getting pulled into probate jobs from two directions, so I want to know how the room prices this. Direction one: cleanouts are a real busin…
Under contract on a 9,200 square foot single tenant retail box in a small town, national drug chain style tenant, 6 years left on a flat lease at 118k a year absolute net. My cont…
My work is on the service side of real estate with a small team under me, and I keep looking over the fence at commercial wholesaling. My understanding is that you don't need mone…
Closed my first one 900 miles out last month. Running a service business for five years taught me systems, which helped, and taught me nothing about houses, which cost me. Numbers…
Parcel under contract at $18,000, 22 acres, rural county at the edge of a metro that's been growing outward. Contract is a standard purchase agreement, and/or assigns, 21 day clos…
A wholesaler I've been talking to for a couple of months asked me to come in on a land assignment. I'm the money and he's the work. Deal as he describes it: 22 acres, seller is an…
I run framing and finish crews so the construction side isn't the confusing part for me. The investing vocabulary is. I've heard people call a job a gut when all they did was rip…
Been building the list for eight months and this is the first one I'd actually chase. 1940s two story, 1,640 sq ft, vacant maybe three years. Knob and tube in the accessible runs,…
I'm putting together a paid feasibility screen for operators looking at obsolete office and retail stock, and I can't get two clients to agree on what the first deliverable should…
So I've been reading about this for about two weeks and I think I've managed to confuse myself. Some articles talk about buying a lien and earning 16% or 18%, some talk about buyi…
County posted the delinquent list six weeks ago. 1,100 certificates, I filtered down to 40 by pulling assessor records and screening out anything with an improvement value under 4…