Paid the property tax bill from my own checking. $2,180 to fix.
Short version: the IRA owns a small rental, the tax bill came addressed to the custodian, the custodian forwarded it to me as they do, and I paid it online from my personal accoun…
All 132 real estate strategies.Every room answered.
Start with a RE category
Next, pick a strategy
Then pick the type of post
it finished, here is how it went
Short version: the IRA owns a small rental, the tax bill came addressed to the custodian, the custodian forwarded it to me as they do, and I paid it online from my personal accoun…
No deals yet after six months of looking, and I managed to lose money anyway, so I'll write it down. I was under contract on a 2 bed townhouse near a business park, $189,000, plan…
Two infill land parcels I'd been sitting on for six years finally sold this spring, and the proceeds went into a single tenant drive-thru restaurant pad. Closed about six weeks ag…
I wanted the boring version that works, so in 2022 I put 85k into a broad equity REIT index fund inside a taxable account and told myself I'd hold ten years. I sold in the middle…
Closed six weeks ago on an 8,300 sf small-format discount retail building in a town of about 4,500 in the upper midwest. Corporate lease, investment-grade parent guaranty, 13 year…
Four properties, all done the same way, all bought distressed and rehabbed and rented. The first two refinanced in the low-rate stretch and behaved exactly the way the strategy is…
Small three bed in a working class pocket, bought at 132k, put 38k in, planned rent 1,650. The refinance math worked on paper and I got most of the cash back, so on the spreadshee…
I mostly buy land and hold it, and I own one small house that came attached to a parcel I wanted. It's been a plain rental for four years at $1,450. I was at the county permit cou…
Wired $50k in February 2021 into a 96-unit 1998 build in a mid-size southeast market. Property sold in August 2024 and the final distribution cleared last month, so I can finally…
Bought a 1950s ranch for $265k with an FHA loan, 3.5 percent down. It had a walkout basement with its own door to the side yard, which is why I bought it instead of the cleaner ho…
The county parcel viewer in the two rural counties I'm working lists 41 properties with a land use code for manufactured home community. I figured that was my whole universe. It w…
This was my first BRRRR and I bought it partly because I like reading loan documents, which turns out to be a different skill from reading them for the right thing. Small three be…
I've been researching for months and hadn't bought anything, so when an advisor walked me through a public non-traded REIT I was ready to move. Minimum was 2,500, I put in 20,000.…
This one got away from me because I trusted a comp set that was doing work I didn't understand. 62 acres, edge of a growth corridor, two road frontages, in a county that had been…
Beginner framing because I got this one wrong in my head for weeks before I understood it. I kept treating sub-to as a way to buy cheap. It's a way to buy a payment. The house I c…
Took over a 1958 ranch at $214k balance, 3.5%, 24 years left, PITI $1,498. Seller wanted $8k and out. House was rough, not unlivable. My plan was standard for me: put $45k in, ren…
$75,000 into a three-property self-storage portfolio in a secondary southeast market. Plan was to buy older facilities running at low occupancy, add climate-controlled units, push…
I've put money into three passive office deals. The first one I said no to for a reason I can explain in a paragraph, and the two I said yes to have both paid so far, so I want to…
An owner in my area has 11 single family houses, all on rent-to-own with tenant-buyers, terms between 18 and 36 months. His credits were tracked in a spiral notebook and a spreads…
The operating agreement said my membership interest was 25 percent. It did not say what I gave for it. That sentence is the whole loss. Deal shape: 33-lot park in a small market,…