Renewal at flat rent or push 4% with a lease-up two blocks away
Been reading operating statements for a 190-unit 2018 build I may take a small position in, and the renewal policy is where I keep getting stuck. Current in-place average is $1,58…
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Been reading operating statements for a 190-unit 2018 build I may take a small position in, and the renewal policy is where I keep getting stuck. Current in-place average is $1,58…
Signed a two seat agreement with a VA agency in the spring. Two years later I wanted to bring one of them in house directly, and the exit cost was $9,400. I want to be clear that…
Two clients on full-time seats at $13 an hour. One of them sat through an AI SDR demo and came back asking for $9, saying the human is mostly supervising a machine at this point.…
I've got two units lined up for spring, a downtown one-bedroom and a small house that sleeps six. Both owners want hands-off. Both are in a market where guests fly in late and che…
Building a channel comparison for an acquisitions budget and the SMS column looks too good, which usually means I've left something out. Mail: 10,000 pieces at $0.62 all in, so $6…
I'm putting together the pricing for a small calling service and the competitor spread is wild. Per lead I see $25 to $60. Per appointment $80 to $150. Per caller hour $7 to $12,…
I already do back office work for a handful of small landlords, so bookkeeping looked like the obvious adjacent line. Recurring, sticky, the clients were already asking. I signed…
Twelve month contract, ended it at month nine by mutual agreement. Writing it up because the failure was entirely in one assumption and it's an assumption a lot of people are maki…
I'm writing positioning for a management arm and I've got two versions of the same page. Version one leads with compliance. Local registration and inspection regimes, notice requi…
Second offer accepted this month and the loan officer came back with a waiver from the automated underwriting run, so no appraisal ordered, no fee, and the file moves faster. She…
I'm an LP on a 96-unit apartment deal, small check, and I read the property management agreement before I funded. It's not the operating agreement, it's the separate contract betw…
I'm building a small service business around real estate and photography is the piece I keep circling. A property manager I talk to said her last vendor showed up with an iPhone o…
Under contract discussions on a 6-unit about 700 miles from me, 1968 brick, all 2 bed units, asking $640k, seller says gross rents are $6,150 a month. The listing has eleven photo…
I'm after one or two rentals I don't have to touch, so I've been talking to an agent who says he gets turnkey properties with tenants already in place before they hit the market.…
Zero deals before this one, so treat everything below as a beginner reporting back. I signed a written buyer agreement with an agent who works mostly with small landlords. Her fee…
Every platform pitch I sit through now leads with AI. Intelligent follow-up, predictive lead scoring, an assistant that qualifies inbound. I want to sell this because clients ask…
Direct mail, about 4,000 pieces a month, call it 300 inbound leads a month if you count everything including the angry ones. Response rate around 1.2% on new lists, better on repe…
Setting this up honestly because I'm on both sides of it and I genuinely don't know where I land. We run management for about 400 doors and the brokerage side does buyer work for…
I'm building out a pipeline of small multifamily this year, target 12 closings, average price around $260k. At 2.5% buyer-side that's roughly $78k in fees. The agent I want to use…
Application is in, exam is scheduled for six weeks out, and in the meantime two investors I met through a rehab crew both want me sourcing off-market houses for them starting in M…