Would you take one sub-to where the underlying loan is FHA or VA?
Half the low-rate loans coming across my desk from the wholesalers I talk to are government backed, and I've watched my team split hard on whether those are workable. The argument…
All 132 real estate strategies.Every room answered.
Start with a RE category
Next, pick a strategy
Then pick the type of post
every post in the passive rooms
Half the low-rate loans coming across my desk from the wholesalers I talk to are government backed, and I've watched my team split hard on whether those are workable. The argument…
Took on a 14 unit building last year, 12 apartments and 2 ground floor commercial bays. Owner wanted one manager for the whole thing and I wanted the account, so I quoted 8% of co…
I own eight apartment units and I've been reading this room for a year trying to work out whether industrial is actually simpler. It is different rather than simpler, and here's w…
Two units in the same beach market, both listed all year, both with the same photos and the same review count. Rate stayed around $210 average because I refuse to chase the bottom…
Posting the numbers because this room mostly has people asking whether the nightly model works and I have one full year of it now. What it is: two bed one bath cabin, about 1,100…
I hold notes, I don't own the properties. With a long-term rental I can look at a lease and a payment history and get comfortable. On a short-term rental there's no lease and the…
I close in about six weeks on a two bedroom near a small college town and I'm stuck on turnovers. Local cleaners quoted me $95 to $130 per turn depending on whether linens are inc…
I hold land for decades and I've been trying to work out whether student housing can be held the same way, because everything I read about the sector treats it as a five to seven…
I put a park under contract at $1.42M, 55 lots, 51 occupied, lot rent $355 against market I can support at $465. Public water and sewer at the street, everything inside the park i…
Basic question that I should already know and don't. On a 34-lot park where all 34 homes are tenant owned, what am I insuring? There's no building. I've got roads, a well house, a…
Looking at a 1,900 sq ft single family with a permitted 1-bed over the garage, already has its own meter. Listing at 465k. Market rent on the ADU looks like 1,450 based on three c…
I bought a four bedroom on the edge of a state school town, $340k, 5 percent down on an owner-occupied conventional loan. Payment with taxes and insurance came to $2,650. The plan…
Former drug store box, 12,200 sf, been dark a while. Market rent for the whole block is about $16 NNN because there are maybe two users in the trade area who want that size. Broke…
Freestanding discount retail box, 9,100 sf, small rural town, population about 3,400, on the state highway across from the school. Built 2011 for the tenant. Rent $73,500, so $8.0…
Posting this because I bought it partly on advice I got in rooms like this one and the failure wasn't in the math I did. It was in the question I never asked. 11,600 sf single-ten…
I run pipe and I can read a mechanical drawing fine, but the apartment offering a friend forwarded me is a different language. It says 84 units, T-12 NOI of 612,000, going-in cap…
Bought in mid 2022. 264 units, 2015 vintage, Sun Belt metro that everyone including me thought was undersupplied. Basis $51.7M, $196k a unit. Floating bridge, 70% of cost, SOFR pl…
Here's the deal I'm looking at. Loan is 2.9%, balance 227k, PITI is 1,412 with 310 of that going to escrow. Rent comps are 1,725 to 1,775. The problem is what happens to that 310.…
Three years in on a sub-to and it's worked, so here's what it actually took rather than the version where you inherit a rate and go to sleep. Acquisition: 1990s four bed in an inn…
Three weeks into setting up a self-directed Roth and I hadn't gotten as far as who's allowed to live in the thing. Told my daughter about the plan at dinner and she asked, half jo…