I look at loans more than listings, and something came up on a file that I don't understand. The marketing package on a rural property included aerial video and the broker treated…
I've been asked to put money into a drone media operation as a minority position and I built the model myself rather than take theirs. Their deck assumes things I can't support, s…
Six weeks ago I knew nothing and had no way in. Someone in another thread said leasing response time is where most communities lose money, so I decided to measure it instead of re…
I put $180,000 into a private note secured by an 18 unit built in the seventies in a soft secondary market, second position behind a small bank first, paying 10% interest only. Sp…
14 units, mostly two bed, working class suburb. Last year I ran turnovers with my own phone photos and a description I'd copy forward from the last tenant's listing. Average days…
I pay a content contractor $250 per parcel for a 45 second drone reel, a set of captions, and the long description for a land listing. Last package covered a 22 acre piece I have…
I ended up with a 3 bedroom cabin about ten minutes from a small lake town, inherited last fall, no mortgage on it. My plan was always to sit on land and hold things, so short-ter…
An owner with a lake cabin sent me a one page co-hosting agreement and it says my fee is "20% of gross booking revenue." That's the whole definition. The cabin does about $200 a n…
Writing this for anyone at the start, because the mistake was basic and it cost me $1,150 plus the list. I wanted to test SMS for my own acquisitions instead of paying a vendor. B…
Going through a calling vendor's service agreement before I commit to anything. Section 3 defines a contracted contact as a live conversation of at least 90 seconds with a person…
Getting my first rental listed and the photographer's quote is $325 for the interior and exterior package, then a $150 line for drone. The house is a 1950s three bedroom on about…
Left a job in logistics last year and needed something that produced income while I learned the property side. Picked drone work because it had a defined thing to learn rather tha…
Bought a two bedroom cottage for $132,000 last spring, put about $28,000 of my own labor and materials into it, rented it at $1,450. Went to my bank for a refinance and got turned…
Been building scripts for the first dialing seat I'm renting and I got stuck on the opening line. The agency gave me a script where the caller uses an American first name and says…
I've been poking at the service side for a while and kept getting stuck on the same wall: staging means owning furniture, owning furniture means a warehouse, and I have neither. S…
I've been talking to an owner group about taking over a 180-unit garden community and their draft term sheet says 3.5% of gross collected revenue plus a leasing incentive. I assum…
We run 410 units across three properties for two owners, fee is 3.5% of collected revenue plus a turn coordination fee. Owner on the bigger asset has been on me about controllable…
I own 18 units across three small buildings and I've started pulling owner records on the older stock nearby, mostly 4 to 12 unit places with long-tenured owners. I have about 4,0…
Six prospects out of a landlord meetup, all of them complaining about the same thing, none of them yet quoted. I've been building the offer for three weeks and the pricing is wher…
Two single family rentals, both closing under the same LLC. I read a thread where someone said you don't need separate bank accounts per property because you can use class trackin…