I've been reading acquisition decks for management companies because the paper side of consolidation interests me, and the same slide keeps appearing in different fonts. Current p…
Nine units, three of them under a manager I brought on last year for the ones furthest from me. Her written criteria say gross income at 3x monthly rent, no evictions in seven yea…
Working through my first purchase and the question came up before I expected it. My agent wants to send the seller the full report as an attachment with the repair request. Her re…
An owner of two units near me asked me to take over management starting February. Both are permitted today. The city has a proposal on the agenda for March that would cap the tota…
I own a 12 unit and an 8 unit, both older walkups in a working class part of town. Last year I decided the buildings should have a presence, so I hired a content person off a refe…
I've been sitting with two pitches from people who both call themselves dispo shops, and they're built on opposite bets. The first one is a woman with about 60 buyers she talks to…
We got a list from a newer client last month, 9,000 records, and when my ops person ran it through scrubbing about 6 percent came back flagged against do-not-call registries. The…
I've got $9,400 saved. That's it, no other cushion beyond about two months of expenses I'm not touching. I've been pricing out what a first small rental actually costs and the gap…
Selling a small rental through an agent and she came back asking me to cover $1,850 for what she called an enhanced marketing package. Photography, video walkthrough, a printed br…
I build comp lists for my own buying, mostly spreadsheets and a lot of assessor tabs, and one of the listing agents I pester for data asked if I'd build her listing presentations…
Most of what I buy is raw acreage, cash, no appraisal and no loan. The deadline list that a coordinator would normally run against is largely the lender's, and there isn't one. Wh…
Running the numbers on whether to bring in a coordinator or build the process myself, and the file mix is what makes it awkward. Last twelve months: 9 closings. 5 assignments, 2 d…
Owner of a lake cabin about 40 minutes from me wants me to run it. 18% of what the guest pays, he keeps paying the cleaner and the linen service directly. He told me his policy is…
Two units in a beach market with a permit cap, same owner, both already registered. He's had a co-host who quit in September and he's trying to close the gap before spring. What I…
I'm about to hire a TC for the first time and the intake form asks whether the coordinator should be introduced to my client as part of the team, with direct email and text access…
Coming into this from nothing, no real estate background at all. I've got a truck lined up and one property manager willing to try me on turnover cleans. Every video I watch is so…
Flip, 1,400 square feet, seller left about half the house furnished. I got three bids. $3,400, $3,100, and a two-man crew at $2,200 who could start Monday. I took the $2,200 becau…
I'm setting up to work with investor buyers once my license clears and I've been reading sample buyer-broker agreements to see what I'd actually be asking someone to sign. The one…
I've been doing trim and cabinet work for a guy who flips maybe six houses a year. Last week he said if I find him anything off market he'll pay me for it, and he mentioned wantin…
I own land and I'm looking at a first apartment position with two partners, so I'm reading operating models from scratch and I keep hitting this fork. The centralized version: one…