every post in the forum, newest first
The elimination of tax on appreciation for holds of at least ten years is the core reason most investors enter opportunity zone deals at all, and now that the program is permanent…
This is a deed state, sale is a public auction of the property itself, opening bid is the delinquent taxes plus costs at $9,340. House is 1,180 square feet, single story, frame, b…
The rental side is where my money sits, and I want a piece of the portfolio that doesn't care what house prices do. Certificates look like the closest thing to that. Here's the mo…
Closed this out last month, still annoyed, so writing it down while the invoices are open. The deal: 3/2 ranch, 1,410 sf, bought at 168k off a wholesaler, 61k in renovation, all-i…
Been doing service calls in an age-restricted community for about two years. The developer kept back six detached cottages as rentals and is selling four of them off. He offered m…
A broker sent me a 60-unit building he's calling independent living. The rent roll reads like apartments, $1,650 average, tenants sign a normal-looking lease, and there's a room w…
Here is a scenario worth pricing out. A rural investor's county and two adjoining ones are covered by one certified residential appraiser. He is 63. Turn times on lender orders ru…
I read the NCREIF timberland volatility figure three times before it bothered me. Around 6.9 percent standard deviation against roughly 16 for public equities, and the properties…
A live allocation question worth working through. Two debt fund commitments due by quarter end, with a fixed amount of capital to split between them. Fund A: residential bridge, f…
Take a debt fund marketing a 10 to 11 percent net target with a book of 61 loans, weighted average coupon 8.9 percent, weighted average LTV 64 percent, all described as first mort…
I've asked a lot of embarrassing questions in this room and here's what came out of it. I had 9,000 to put somewhere and no idea what I was doing. I spent most of last year readin…
Two years in on a 10 room licensed house I took over with residents already in place. The number I actually track is average tenancy measured at move-out, and it went from 7 month…
Funding short term paper on light rehabs surfaces a real mismatch in how draw mechanics usually work. On a full gut, framing, rough mechanical, and drywall are each a visible mile…
A common question worth working through honestly: does cosmetic flipping actually fit someone's temperament, or does the appeal come mostly from liking before and after photos. Th…
I was there to quote a full re-pipe. Copper, pinhole leaks in three places, house is about 25 years old and nobody has touched it since. Big house, five baths, pool, decent street…
Two questions that come up often and rarely get a straight answer. First, does wholesaling luxury property require a real estate license. The general rule is that assigning a cont…
Take a 78-lot park where in-place lot rent runs around $270 and comparable parks nearby show $395 to $425. A business plan projecting $410 by month 14 is mechanically available if…
One common test is handing a prospective buyer's agent a live listing and asking what they'd offer and how they got there. An agent who comes back with rent comps that can be trac…
I finished shutting this down last month so the numbers are final. The idea was narrow and I still think it was reasonable. Rural land owners who inherited a parcel and don't want…
Interviewing at a small independent shop, eight agents, mostly residential with a handful of small multifamily. I asked for their closing count and they gave me the whole spreadsh…
One for every strategy in the guide. Each has its own discussion, live deals, outcomes and polls.
