I took over management on a small building and the previous owner sent me a folder of the listing photos from the sale. They're good, way better than anything I'd shoot on my phon…
Numbers first, because the whole thing was a numbers error and I want it visible. I priced 3D walkthroughs at $220 for anything under 3,000 square feet. Camera and case ran $3,400…
Finished a full gut on a 1920s two bed bungalow for a client, $118k of work, closed out the final inspection three weeks ago. He was going to sell. Now he wants to furnish it and…
An owner two towns over has a three-bedroom that's been sitting empty since her mother passed. She wants it on Airbnb and wants me to run it at 20%. I've done long-term units for…
Numbers first. 44 doors under management, mostly single family rentals and a few duplexes. Last spring I put an annual condition walk in front of every owner at $185 per unit, bil…
A few deals in and I am hitting the ceiling on leads that come from people I already know. So the next question is who runs the paid side. The case for doing it myself: the budget…
Working the numbers on whether "AI-augmented" is a real reprice or just vendor capture. A seat costs me $7.50 an hour fully loaded and bills at $14 for 160 hours, so about $1,040…
Ran an outbound VA program for eleven months and shut it down in the fall. Writing it up because the failure was structural and I didn't see it until month seven. Setup. Three VAs…
I'm still working out what the first deal costs me, and one of the line items I keep moving around is a part time VA. Budget is about $700 a month, so 15 hours a week at agency ra…
Pulled two years of debt onto one sheet this weekend because I was tired of arguing about this from memory. Fourteen loans on flips and BRRRR refis, average size around $450k. Six…
Six weeks in and I want to write down what happened while it's still clear. I'd built a list of 340 candidate properties in two zip codes, sourced from a mix of code violation pos…
This came up three times last month with people my team works with, and the room splits every time, so I want to see the actual count. When you use a broker on a residential loan,…
A sponsor with two apartment deals and roughly 60 LPs floated about $2,500 a month for me to handle investor relations. When I asked what that means in hours he said quarterly upd…
A sponsor I've co-invested with twice asked me to take over the investor-facing side of his book. Two apartment deals plus a storage facility, about $14m of LP equity, 180 investo…
I'm mostly on the paper side and still working out what I'm doing, so bear with the framing. I've got an agent lined up because I want to buy two or three actual houses instead of…
My plan is one small property, hold it, then reassess in a couple of years. Everything I read about investor-focused buyer's agents assumes the client is buying repeatedly and tre…
I've been reading both sides of this for a week and I genuinely can't tell which way to go for a first hire. The agency route: they recruit, they've already trained the person on…
I've gone through the books of four operators this year while deciding where to put money, and the split was two and two. Two of them ran everything in a single accounting file wi…
I sold the house I'd been living in, and since I've spent the better part of a year in this room asking whether advanced media is worth paying for, I turned my own listing into th…
Been going back and forth on this for a couple of weeks and I can't get to a clean answer, so I'll put it up. Small metro, maybe 180,000 people, and an investor client wants motiv…