Heirs gap from 1978 and a neighbor's gravel drive across the corner
40 acres, contract price $128,000, mostly wooded with about 6 tillable acres. Title commitment came back with two things I don't like. First, a deed out of an estate in 1978 with…
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40 acres, contract price $128,000, mostly wooded with about 6 tillable acres. Title commitment came back with two things I don't like. First, a deed out of an estate in 1978 with…
Finishing a full gut on a three bed in an older neighborhood and I'm arguing with myself about spending $500 before it goes on the market. The case for ordering one: my comps are…
Five single family rentals, all owned free and clear except two small notes, combined value I had at about $1.09 million. I wanted one blanket loan to consolidate and pull out rou…
I represent a buyer who's accumulating small multifamily, $150k to $220k duplexes, and he wants to restructure how he pays me. Right now it's 2.5%, which on his range is $3,750 to…
Bought a 4 unit in October, closed at 462k. The agent marketed himself to investors, sent me a two tab underwriting file with the offer, and I liked that he showed his work. Tab o…
Agent in my area, maybe 15 transactions a year, been talking to her for a while. She agreed to a one month trial. $300 flat for 12 posts and rewriting the descriptions on four act…
Scope is a repositioning study on a 60,000 square foot older office building in a secondary downtown, owner wants to know whether to convert, sell, or sit for three years. Six to…
I own some raw acreage and I've been trying to get a straight answer on highest and best use before I do anything with it. Talked to two people who both call themselves land consu…
Neighbor of mine owns a cottage he rents nightly. He pays someone 20% and when I asked what she does he said "everything," which told me nothing. From the outside I see a smart lo…
The trailing twelve off the owner's dashboard: $61,400 gross bookings, of which $9,300 was collected cleaning fees. 214 booked nights across 63 separate stays. 3BR/2BA, sleeps 8,…
Something in the current setup doesn't hold together for me and I want to argue it out with people who are actually running dispo. The share-of-spread arrangement made sense when…
Construction is my background, marketing is not, so when I decided to send mail on absentee owners in two counties I hired a VA through an agency at $8.50/hr to build the list. Te…
Someone I know is buying into a 60-unit building and asked me whether it needs on-site staff. I said probably, then spent the drive home realizing I couldn't defend it. So, plainl…
Six small buildings, 34 doors, midsize southeast market, closed in October. The management agreement came with the buildings and I took it by assignment at closing instead of term…
I had a small house under contract at $84,000 in a working town about an hour out. Cheap, tenanted, nothing exciting. I thought the financing would be the easy part because the nu…
Rural parcel, roughly 90 acres, and the abstract goes back further than anyone's institutional memory. The title company quoted me the standard search plus an extended examination…
I'm working through the licensing coursework and doing informational interviews with local management shops so I have some idea what the job actually is before I ask anyone to hir…
I do HVAC and plumbing work for a management company that runs about 600 doors, mostly single family and small multi. They bill owners my invoice plus a 10 percent coordination ch…
Engaged a sourcing service as a buyer client. Their agreement was better than most. Fee $9,000 at closing, buy box defined, tail limited to ninety days, and a sentence saying the…
One of the private lenders I've been talking to about how his money moves mentioned in passing that two of his borrowers pay a wholesaler a monthly retainer to hunt for them inste…