I own land and a few small holdings, so I'm on the buying side of this, and I've hired cleanout crews maybe eight times in five years. Twice this year a guy who does mowing for me…
I want income without a second job, so I've been slow about all of this. Signing up for buyer lists was supposed to be research. What I did. Last spring I got on four wholesaler a…
Looking at a small VA agency serving real estate investors, 62 seats billed, asking around 2.4x seller discretionary earnings. Not a property, but it's the kind of service busines…
I was pricing help for a small off-market list, mostly because I don't want a second job. A VA seat came back at about $1,500 a month for full time. Then a software rep quoted me…
I'm building a spreadsheet for a first deal and I've got a line called "rehab" and a line called "contingency" and nowhere obvious to put $3,800 of hauling somebody's furniture ou…
This is for anyone on the service side thinking about apartment work, because the mistake was simple and I made it anyway. A make-ready, or a turn, is the work done on an apartmen…
Closed this out last month, still annoyed, so writing it down while the invoices are open. The deal: 3/2 ranch, 1,410 sf, bought at 168k off a wholesaler, 61k in renovation, all-i…
There is one certified residential appraiser covering my county and two adjoining ones. He's 63. Turn times on lender orders here run 3 to 4 weeks in season and I've had two deals…
I finished shutting this down last month so the numbers are final. The idea was narrow and I still think it was reasonable. Rural land owners who inherited a parcel and don't want…
What I usually do with a prospective buyer's agent is hand them a live listing and say tell me what you'd offer and how you got there. If they come back with rent comps I can trac…
I run mail and inbound for a small team and the number that decides everything is whether someone talked to the seller before the lead goes out the door. Raw inbound with a name a…
My rate card has said the same thing for four years: the fee covers a license to use the images to market that listing, delivered as edited JPEGs, and I keep the files. That was u…
Working through this with a sponsor now and we can't agree, so I want to see where the room lands. Situation shape: a property loses a chunk of occupancy in the second month of a…
I own land and one small house I've held for six years. An inspector I met at a county thing pitched me on what he calls a maintenance inspection. Same walk-through as a purchase…
First 4 unit, small older building, all two beds, contract at $560,000. Appraisal came back $489,000 and the loan died on it. I've lost the $650 appraisal fee, $1,900 in inspectio…
Two wholesalers in the same metro want me running disposition for them once my license clears, probably six weeks out. Combined they put 9 to 12 houses a month under contract. The…
An investor I know through my exam prep group asked me to bring my contacts to his deals. His offer is 30% of whatever assignment fee he collects, and he says I never touch the co…
I've been circling two people for a paid scope on a 12 unit I'm underwriting, and they're opposites. The first has operated around 300 units over fifteen years, mostly older brick…
Two proposals in front of me for the same scope, roughly 30 hours a week of admin and light lead follow-up. One is hourly at a rate that only bills time logged, with screenshots a…
A brokerage I quote for asked whether I do generated staging, and when I said I do standard virtual staging with photographed furniture composited in, they asked what the differen…