Picked the agent with the highest number. About $28k.
Sold my starter house last year to free up cash for the investing side. Three agents came through. Two of them said 428 to 442 and walked me through six comps each. The third said…
All 132 real estate strategies.Every room answered.
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it finished, here is how it went
Sold my starter house last year to free up cash for the investing side. Three agents came through. Two of them said 428 to 442 and walked me through six comps each. The third said…
Posting this because I went looking for someone's version of it and couldn't find one. I wanted to try liens directly before deciding anything. Registered in two counties, wired d…
I paid 61k for 9 acres about two miles from the entrance to a state park, thinking I'd put in 20 sites eventually and sell nightly stays. Two years later I sold the land for 58k a…
48-lot park, small city, asking $1.6M. I was building a service business around parks and figured owning one would teach me the operations from the inside. It taught me something,…
Portfolio of five, four single family and one duplex, roughly $1.7m of value and $890k of debt across three lenders. I wanted them out of my personal name before I got licensed an…
I've spent a year trying to work out which lane I belong in and this deal finally gave me a real comparison instead of a hypothetical. Contract at 205,000 on a tired but clean fou…
Small loss in money, big one in learning, so writing it up while it still annoys me. Five of us share a lead list. Skip traced records, a shared spreadsheet, everybody works it. T…
Cheap end of a farm town, population under 4,000, no lender involved on either side. Contract at 38k, end buyer a local landlord at 52k. 14k spread on paper and I've done enough o…
Hired one part timer in October to do the phone half while I do the sourcing half. Posting the numbers because everyone tells you to hire and nobody tells you what the middle thre…
Three homes, 18 licensed beds between them, 7 occupied when I started working with the owner in March. All 18 full now with four names on a wait list that I'd call two-thirds real…
I came from the trades and I've been circling the investing side for a while. The thing that actually changed my year was going after property managers as customers instead of hom…
Notes have been most of my reading, but a gain from selling a small paper position had me looking at OZ funds because someone in another forum said it was the obvious place for it…
Wanted the fee structure settled before I had any leverage, so I built something a bit odd and it held up for two quarters. Structure: 175 per accepted lead, client has 5 business…
Wrote this up because the mistake is embarrassing in a structural way rather than a stupid one, and I'd rather someone else not repeat it. I run three to five renovation deals at…
Numbers first. 45k in, 46.1k out, 31 months. That's roughly 0.9% a year before I count the time I spent reading their updates. The stated target when I came in was a statutory rat…
The part that worried me was getting paid, not the rate. Small three bedroom flip in a working class suburb, all in at 218k purchase plus rehab, hard money senior funded 175k, bor…
Eleven months, 31 houses, one purchase at 348,000. The thing I'd tell anyone who plans slowly is that a single long agreement gives you nothing to talk about, and a short one that…
Posting this because most of what I read about opening a shop assumes an office and a roster. Mine has neither. Background: I sell rural land, mostly 10 to 160 acre parcels, and I…
Third park, first one over 50 lots, and the first one where I ran the transition with my own crew instead of hiring it out. 96 lots, 91 occupied, all tenant-owned homes except fou…
Writing this out because everyone told me owner financing was the easy way to sell and I believed them. Background for anyone new like I was. Seller financing means I sold the hou…