On non-financed entity purchases, the residential real estate reporting rule assigns reporting obligations through a cascade, and in practice every party at the closing table tend…
A buyer choosing between two boarding house opportunities that split exactly on whether the use is permitted by right or requires a hearing is working through one of the clearest…
Here is a choice that comes up constantly for a seller carrying paper. A small three bedroom in a working class part of town, owned free and clear, and a buyer who can put 12% dow…
Rooming house staffing tends to split into two models with real tradeoffs on both sides. A live-in manager means someone is present when a late night kitchen argument starts, so p…
A large share of the low-rate loans that wholesalers bring to sub-to buyers are government backed, and experienced operators split hard on whether those are workable. The argument…
Coming from zero here. The appeal of land banking to me was that there's no tenant, no roof, no calls at 11pm. You buy it and you wait. Then I read a post where someone found out…
Take a 14 unit building, 12 apartments and 2 ground floor commercial bays, with an owner wanting one manager for the whole property. A residential-focused shop, strong at turns, m…
Take a 228k loan at 11 percent and 2 points on a full gut in a decent inner ring suburb. Interest has come in on time every month, which is what makes a request like this hard to…
A spreadsheet breaks once a build carries a draw schedule, subs invoicing at different stages, a couple of change orders, and a lender asking for backup on every line. For a build…
I have a lot under contract, 62k, and a builder who says he'll do a 1,900 square foot single story for cost plus 12. He wrote the number on the back of a business card, which I un…
Consider an investor with eight apartment units moving into industrial property for the first time, expecting the asset class to be simpler than apartments. It tends to be differe…
I've spent the last five months on land seller leads specifically, and the depth versus width question is now the whole decision. Width argument. Land sellers are thin on the grou…
Worth studying as a case in LP diligence. Say 40,000 goes into a small self storage syndication with a sponsor met at a conference, and three and a half years later the capital re…
Consider someone looking for passive income who ends up funding half of a $50k earnest money deposit as the passive partner in someone else's luxury wholesale deal. The setup: an…
A structural issue worth thinking through on any luxury double close: both deeds record, and in states where sale prices are public, the end buyer or their agent can pull the in-p…
Two units in the same beach market, both listed all year, both with the same photos and the same review count. Rate stayed around $210 average because I refuse to chase the bottom…
Posting the numbers because this room mostly has people asking whether the nightly model works and I have one full year of it now. What it is: two bed one bath cabin, about 1,100…
I came off the trades side and got my license last spring, mostly because I was tired of doing free scope estimates for guys who then bought the house through somebody else. First…
Third rental and the deals I want aren't showing up on the MLS anymore, so I went looking for an agent who works with investors. The one I like sent an exclusive buyer-broker agre…
Lending against a long-term rental is straightforward: a lease and a payment history give a lender something concrete to underwrite. A short-term rental has neither. There is no l…