All 132 real estate strategies.Every room answered.
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every post in the service rooms
I put money into a 180-unit deal as a passive investor and the first real operating report landed. Twelve pages. I read paperwork for a living on the acquisition side but I've nev…
I've got a coordinator taking my acquisitions at $395 and she's carrying somewhere around 38 open files across four clients. Two of mine went sideways last quarter in the same way…
Month-end closed on the fourth business day in October. First time in two years that's happened, so here's how it actually went. Starting point: two LLCs holding small commercial…
I lend rather than own, and I've got two private notes I'm carrying. The servicer sends me a statement every month showing what came in and what got remitted to me. As far as I ca…
I've got two landlord clients on the books now and I priced them both at $150 a month flat, which I'm pretty sure was a mistake. One is nine doors inside a single LLC, one operati…
My aunt handed me her 11 units last month and the last bank reconciliation in the file is dated October of the year before last. She's stepping back, I'm running it now, so the me…
I've got a list of maybe 30 sponsors in two markets and I'm trying to work out which half to actually call. First-time sponsors: they have nothing. No template, no portal, no sche…
I wanted income without a second job so I put money with a partner who buys small rentals. He also pays a marketing agency $700 a month plus $2,000 media to find off market seller…
I'm getting my first rental sorted and reading around the investor side while I wait. Three different people quoted me wildly different numbers for what a seller lead costs. One s…
I manage rentals and I've been asked to help an owner who wants to sell off two of his doors. A marketing shop pitched me on running "sell my house fast" ads and passing me the ca…
I've held land a long time and I'm finally trying to sell three parcels rather than keep paying taxes on them. A marketing agency quoted me $1,500 setup and $900 a month to run Go…
A regional operator asked me to scope a study on whether they should enter a secondary metro with a 200-unit build-to-rent pipeline. They want a recommendation, not a data dump. M…
I'm three weeks from my license exam and a guy I used to work with called me Sunday. He's got about $250k he wants to put into a small rental somewhere cheaper than where he lives…
Wanted to get into valuation work. Found the qualifying education requirement for a trainee credential in my state, signed up for the package, paid $3,100 up front for the courses…
I've been looking at the lending side mostly, but a borrower conversation turned into an offer to co-host two short-term rentals and now I'm trying to figure out what I'd need to…
Contract is sitting in front of me for Friday. Two units, same owner, both already operating with a year of history I can see in the exports. Unit A, 2BR condo walking distance to…
A broker I know told me flatly that managing apartments for a fee requires a real estate broker license. Then I toured a 120-unit community and the on-site manager said she's neve…
Owner of a 96-unit walkup asked me to quote all their turns for a year. I've done renovations for six years, mostly single houses and small flips, so the work itself doesn't worry…
Running the numbers on my coordination line and the fall-through rate is what's breaking it. Last four quarters I've opened right around 40 files a quarter and roughly 7 of them c…
First deal, a two unit in an older working class neighborhood, $5,000 earnest money, 30 day financing contingency. I hired a coordinator at $300 a file because someone in a local…