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LossIndustrial / Warehouse (Passive Hold)

Two bulk warehouses at a 4.6 cap in 2022, distributions stopped 14 months in

This is the one I got wrong, and I did the due diligence, which is the annoying part. Two 1990s vintage bulk buildings, roughly 310,000 square feet combined, 24 foot clear, in a s…

marcus_hale41CG4A5 replies

DiscussionDispo / Marketplace Services

Somebody wants me to push a deal to a buyer list I don't have

Two of the owners in my management portfolio flip, and one of them asked me to "just push it to your buyer list" when he got a house under contract. I don't have a buyer list. I h…

tonyv88SO4CPRO6Answered7 replies

From the desk:Dispo / Marketplace Services

Five months of a 400 a month buyer network and nothing bought

Five months into a paid land buyer network and I've closed zero. 400 a month, so 2,000 spent. The feed sends me 6 to 15 rural and infill lot deals a week, and I've made offers on…

karen_whitfieldPG4APRO7Answered2 replies

WinCorporate / Furnished Housing

Furnished my first unit for $9,400. A company signed four months at $2,950.

I bought a three-bedroom townhouse in a suburb about six miles from a business park with a few engineering and medical device employers. Closed in the fall. Plain rent for the tow…

ehernandez74PO2BPRO717 replies

From the desk:RV Parks / Campgrounds

This RV park fund deck rests entirely on one growth line

Reviewing a deck for a 3.5M raise, two parks in one recreational market, 190 sites combined. Structure is an 8 percent preferred return, 70/30 split above it, five year hold, 2 pe…

11Sstephen_ok9CO2CPRO4Answered3 replies

From the desk:Virtual Wholesaling

Trying to price myself as the person who walks houses for out-of-state wholesalers

Three different people found me in the last two months asking if I'd go look at a house for them. All out of state, all doing some version of remote wholesaling, all in the small…

derekj19SB1B8 replies

DiscussionVirtual Wholesaling

Here's my cost per contract math, tell me what's wrong with it

I'm new to this specific strategy and I'd rather be corrected now. My planned numbers for a single out of state market: 10,000 text messages at about $0.02 each, so $200. Data and…

5Hhannah_west29 Get yours9 replies

WinLand Banking (Buy and Hold)

The county downzoned me in year three of holding 14 acres

I do renovations for a living, so land was the odd thing in my portfolio for a long time. This one closed out in the spring and I think the useful parts are the boring ones. Bough…

omar_haddadActivePRO179 replies

Story

I sat in the housing authority lobby for two hours to ask one question

I make decisions slowly, which mostly means I read things for months before I talk to a human. I finally decided the reading had stopped teaching me anything and drove to the hous…

ehernandez74PO2BPRO70 replies

WinNote Buying (Non-Performing)

$14k note, borrower signed a deed in lieu, house sold for $46k five months later

Paper notes confused me for months, so I bought the smallest thing I could find that still had real collateral behind it. Note balance $27,400, last payment mid 2022, small two be…

raj_mehta14CapitalPRO134 replies

WinVirtual Assistant Agency

Rebuilt the offering around AI tooling. Bill rates went from $22 to $38.

Eighteen months ago I was reselling VA hours into small investor shops at $22/hr and losing bids to anyone willing to go to $19. Margin was about 34% and shrinking. I finished the…

10NnataliehsuSO1BPRO1010 replies

From the desk:Real Estate Attorney

Two firms quoted my 4-unit closing very differently. Buying what?

Under contract on a 4-unit, $620k, all cash from a private lender who is taking a first position but the loan closes after, so the purchase itself lands as a non-financed transfer…

samantha_ruizAU4APRO5Answered13 replies

DiscussionReal Estate Attorney

$500 flat fee to paper an assignment, is that the going rate?

A guy I did some framing work for years back is now wholesaling and he told me his attorney does his assignment paperwork for $500 flat, whatever the deal size. He made it sound l…

mitchell_ray4 Get yoursPRO12Answered2 replies

From the desk:Short-Term Rental Co-Hosting

At $95 a night across three cabins, 15 percent doesn't pay for the drive

Owner up the road from me has three small cabins on a shared gravel lot, all one bedroom, all furnished already. She's been running them herself off her phone for two years and is…

34Llaurenkim53Passive1 reply

DiscussionShort-Term Rental Co-Hosting

Who is the host of record if I'm the co-host?

Reading a draft co-hosting agreement and two clauses don't sit together. One says I'll be added as co-host on the owner's existing Airbnb account. Another says I'm an independent…

31Ddmitri_v6CapitalPRO74 replies

DiscussionBird Dogging (As Service)

Two free leads to prove I'm worth paying, or nothing moves until something is signed

Two investors, two completely different answers, same week. The first one told me to send him a couple and if he likes what he sees we'll talk about money. Friendly guy, buys mayb…

derekj19SB1B21 replies

DiscussionPublic REITs (Investor)

Nonqualified dividends and account placement when the taxable account is where the room is

I run a portfolio where the tax-advantaged space is close to full and the incremental dollar has to go into a taxable brokerage account. The standard line is that REITs belong in…

wendy_park48CapitalPRO15Answered6 replies

From the desk:Public REITs (Investor)

Started from zero six weeks ago and I don't understand what I actually own

I opened a brokerage account, put 2,000 into a REIT index fund because a book told me it was the easiest way to start in real estate, and now I'm looking at the holdings list and…

bmoreno23AB1BAnswered1 reply

LossResidential Property Management

The $400 approval cap I negotiated cost about $6,800 on one supply line

I do the paperwork for a family LLC that owns a nine unit brick walk-up in an inner-ring suburb, and last spring I redlined the management agreement myself. One of my changes was…

19Ddmitri_v6CapitalPRO75 replies

DiscussionHotels / Short-Term Lodging (Passive Hold)

Franchise flag or soft brand, if you're the money and never touch the front desk

Looking at two LP offerings on the same rough size, both 90 to 110 keys, both in secondary markets, and the only real structural difference is affiliation. One is a hard franchise…

diane_kowalskiPassivePRO145 replies

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