All 132 real estate strategies.Every room answered.
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every post in the service rooms
I read the buyer-broker agreement an agent sent me before I signed anything, which apparently makes me unusual. Three clauses I want plain-language help on, because I'm coming at…
Turned a unit last month where the dog had worked on the base of every door frame in the place, plus the carpet, plus a section of the vinyl in the kitchen. Total scope came in ar…
I've got signed agreements on three small apartment buildings, 22, 34 and 41 units, all in the same submarket about twelve minutes apart. Fees come to roughly $9,100 a month at 6%…
I'm planning a first purchase and someone in another thread suggested paying a consultant to look over the market I'm circling before I commit. When I emailed two of them, one quo…
I've been at this a year with nothing bought. Two weeks ago I sent a consultant a small multi I'm looking at, 4 units, $180k asking, self managed by an owner who's 78 and hasn't r…
I've got money set aside for a first small multifamily and I've now interviewed two agents who both call themselves investor focused. The first one brought me three properties tha…
First rental going on the market in a few weeks and I got ahead of myself on the marketing. Here is what it cost me. I booked an aerial package for $450 off an ad that showed nice…
One of my two shooters passed the Part 107 knowledge test and is now telling me the business also has to register something before we can bill for aerials. I thought the certifica…
I spent four months and $11,600 building an interest list of prospective private lenders for a small note buying vehicle. Agency contract was $1,900 a month plus ad spend, and the…
Working out the first eighteen months of a brokerage and the two paths look genuinely different, not just in marketing but in what the P&L looks like. Conventional purchase lane.…
Been working toward doing acquisitions work for other people and got as far as a real conversation with an out of state buyer. He asked two things I wasn't ready for: do I carry E…
I move slowly on purpose, so paying someone to speed up the front end seemed like the one place spending money made sense. It didn't work and the reason is in the agreement I sign…
Still figuring out where to put money and I've been talking to two people who source for out of area buyers. They work completely differently and I want to understand which one I'…
House I'm under contract on has maybe a room and a half of junk plus a garage packed to the door. Previous owner left furniture, a lot of boxes, an old riding mower, and what look…
I've been running cleaning crews for five years, mostly for landlords who pay me off an invoice and never ask about paperwork. Started filling out a vendor application to get REO…
I've got parcels in a rural county where the drone quotes were running $600 to $700 each because the pilot has an hour and forty minutes of drive each way. Three separate bookings…
I've got about $9,000 to put into equipment and I've been sitting on the same fork for three weeks. Version one, narrow. Buy the 3D capture system plus a subscription, learn to sc…
I quote both ways and my own client list is split close to even, so I want to hear the buyer side of it. Option one is a flat build. You pay once, the account is in your name, you…
I fund other people's rehabs and I read the contracts, and lately I'm seeing both of these written into the same kind of deal, which tells me the market hasn't settled. The damage…
I do renovations, so I figured the operating part was the easy part. Five units, two duplexes and a single family, all freshly turned by me, average rent $920. Full management quo…