every post in the forum, newest first
I'm supposed to be closing on my first rental next month, a boring 3/1 I'm buying with a normal mortgage, and I got on a few wholesaler lists during the search because everyone sa…
Trying to figure out what the first deal costs me and now I'm trying to figure out what joining a network costs too. I've seen a free Discord, a group charging 97 a month, and one…
An owner I've known for a while wants to sell me 40 percent of her agency and step back over three years. She gave me two years of numbers and I've been staring at them for a week…
Take a self storage facility that opened a couple of years ago, currently in the 60 percent occupancy range and targeting stabilization in the high 80s. A bridge request against t…
Take a 55,000 rentable square foot self-storage facility, 480 units, asking $4.9M. Trailing twelve NOI of $348k prices at 7.1% on the ask, while a broker's pro forma might run to…
I have calls booked with two sponsors next week and I've been told by everyone that the first call is mostly them talking. So I want one question I ask early that actually changes…
The convergence thesis gets carried around for months at a time without anyone specifying how it actually resolves. There are at least three paths and they are not the same trade.…
My plan was a duplex. Then my agent sent me a 7-unit at 585k and I've been staring at it for a week. The rent roll the listing agent typed up shows 5,320 a month. Three units have…
Trying to decide whether the office uptick people are pointing at is something a service business should build around, and the answer depends entirely on what's driving it. The fo…
For someone doing a first cosmetic flip and borrowing most of the purchase price, the honest minimum cash reserve needs to cover more than the down payment. Between the borrower's…
Still finishing my licensing coursework, so I can't represent anyone yet, but a friend has asked me to look at a house he wants to flip and tell him what it'll sell for after. He'…
A common scenario worth working through: an LP position of roughly 75k into a 212-unit 1990s build in a sunbelt market, an 8 percent cumulative pref, 70/30 split above a 14 percen…
Say an investor moves roughly $90,000 from an old 401k into a self-directed IRA to consider LP positions in syndications. The custodian signing the subscription agreement as inves…
A scenario worth working through for anyone building the paper before the first deal, so that when a seller says yes nothing is improvised. Where a careful setup lands. A purchase…
In a typical assignment, the wholesaler contracts to buy the property from the seller at one price, then assigns that contract to an end buyer for a higher price, with the differe…
Consider a 42 site park in a lake town, about 25 minutes off a state highway, under contract at 1.35M. Mix is 18 full hookup pull throughs, 12 water and electric only, 12 tent sit…
62 sites, full hookup, near a national forest entrance. June through mid September we're effectively full at $58 a night. April, May and October run about 22% occupancy, and the f…
Almost nothing I understood about this turned out to be true, so writing it down. I put $40k into a fund that described itself as a diversified office income fund. My assumption,…
Take a content retainer signed to feed an off-market seller funnel: $2,400 a month for 12 short videos, 20 static posts, and a weekly email to a list of about 1,900 names built fr…
For anyone structuring seller financing, there are two common shapes and they are not the same asset to hold. First shape. The seller deeds the property to the buyer at closing, a…
One for every strategy in the guide. Each has its own discussion, live deals, outcomes and polls.
