live deals, numbers on the table
Bought 14 months ago at 5 percent down conventional, 6.875 percent, PITI 2,610 with escrow. Property taxes reassessed on my purchase price in year one and went up 380 a year, whic…
I'm partway through licensing and a small fund that buys defaulted paper asked whether I'd do their exterior valuations in my county. Flat $125 per report, photos, condition notes…
A common point of confusion on a settlement statement is seeing a loan policy premium and an owner's policy premium as two separate charges from the same underwriter, on the same…
A common situation for a marketing shop that specializes in agent lead gen: an investor finds the shop through an agent client and wants seller lead generation in a metro the shop…
Built out the apartment over my detached garage this spring, I did the framing, rough-in and finish myself, licensed guys on the electrical and the gas line. 480 square feet, one…
Here is the bottleneck for anyone running renovation work while investing on the side. Six trades, none of them answering the phone at the same time, and evenings spent texting pe…
This landed on me through an estate and I've read the documents twice, so numbers first. 320 acres, roughly 280 tillable, in a county where the extension survey put average cash r…
Take a lead finder who works a residential trade and is on those streets five days a week, seeing vacant houses before the mail carrier does. Say he's been passing addresses to th…
Take a small two-story building in a suburban node with a 2,100 square foot pediatric practice on one floor at $34 a square foot and a 2,000 square foot insurance agency on anothe…
I built my own dispatch and follow-up flow over about two years because I was losing quotes I never followed up on. Nothing fancy. Every quote over $2,000 gets a text at day 2, da…
Been doing rehab work for years so my phone is full of people who buy houses that need work. Actual buyers, people who have paid me to swing hammers on their projects. A wholesale…
A listing agent I do trim and cabinet work for asked if I'd walk her sellers' houses a week before listing and hand them a written punch list. Her pitch is that she gets fewer sur…
The lease is 2,400 square feet at 1,900 a month, three year term, personal guarantee, plus about 400 a month in utilities and insurance based on what the landlord's other tenant t…
I've been doing tile and some light plumbing for a guy who flips maybe six houses a year in my area. Last week on a walkthrough he said, half joking, if you find me another one li…
Say page 14 of an HOA declaration bans any lease shorter than six months. That single line is often the only thing standing between an investor and an offer on an otherwise workab…
Say a buyer is under contract on a 1,280 square foot house on 6 acres in a county with maybe 90 arms length sales a year. Contract price 148k, cash out purchase money loan behind…
I've narrowed to two mortgage REITs and they are almost opposites, which is the problem. Name A is agency heavy. Government backed mortgage securities, so credit loss is close to…
A 7-unit building, three 2BRs and four 1BRs, asking 610k with current rents totaling 5,900 a month, is a useful case for understanding commercial multifamily financing for someone…
Two decisions and they interact, which is why I can't separate them. Position one, in since 2022. 320 units, 2016 vintage, big Sun Belt metro. Purchase was $61.4M, $192k a unit, f…
A scenario worth working through: a property management client who owns a small apartment portfolio also owns 40 acres outside a growing exurb, inherited land she doesn't want to…
One for every strategy in the guide. Each has its own discussion, live deals, outcomes and polls.
