every post in the forum, newest first
I've had 15 acres on a county road since 2016. Taxes are $310 a year, I do nothing to it, I drive out twice a year to walk the lines. The 5 acres behind me is landlocked. No road…
Across several recent value-add memos, the structure of the rent assumption tends to repeat. Year one flat to slightly negative, concessions burning off by month 14 to 18, then 3.…
For an investor whose capital shows up in irregular lumps and who doesn't want it sitting in the market, two land plays worth comparing. First, say roughly 300 acres of planted pi…
Consider a small multifamily owner with two buildings, 11 units total, where 8 units will turn over the next 14 months as leases roll. These are consistent turns: paint, LVP, one…
A bird dogging story worth studying: a 1950s three bedroom on a regular walking route sits neglected for about twenty months, gutter hanging off the back corner, mail wedged in th…
The coupon on this fund was 10.25 percent net. I put 35k in because of one loan on the tape, and that loan is the reason I'm writing this. The fund is residential and small commer…
First rental is close and I've read more about screening than about anything else, so of course I have a version of this question nobody I ask can agree on. The standard long-term…
The common pitch is that multiple units under one owner means a single vacancy doesn't wipe out income, which sounds obviously true. But three houses on three streets are genuinel…
First property. Side by side duplex, 289,000, closing in three weeks. Unit A is vacant and freshly painted, unit B has a tenant who's been there nine years. Here's what I know abo…
Six months of no deals, but I've finally got a real decision instead of a spreadsheet. Roth self-directed IRA, 168k. A value-add fund I've been tracking is open for another five w…
Published fee schedules for self-directed IRA custodians rarely compare cleanly. One common structure is a flat annual fee per asset, say 300 a year with a 50 setup. Another runs…
I spend most of my time on the service side of real estate, so the acquisition part is new to me and this is the piece I can't picture. Everybody explains how to get a parcel unde…
This one started as a parcel I wanted to keep. 40 acres, mixed hardwood and about 11 acres of old pasture, two years of delinquent taxes at roughly 4,100 including interest, selle…
I've got both a traditional rollover and a Roth sitting at the same custodian, and I have to pick which one funds the real estate side. The money is the same money. The wrapper is…
This is one of the most common disagreements in CRM and systems consulting, and it rarely surfaces until the build is nearly finished. One approach: put the CRM, phone number, ema…
I've been reading through purchase agreements from three different probate buyers and they split cleanly on one point. Two of them get a contract signed by the heirs early, weeks…
Take a $2.35M mixed use flex deal with two service tenants and one vacancy, where the spread between contract and resale is somewhere between $180k and $240k depending on how the…
Take a small multifamily property, say six or nine units, where deposits were collected over several years as tenants signed leases. A common pattern is that each deposit lands in…
Take a house under contract with the seller at $96,000 on a 30-day close, with an end buyer lined up at $122,000 paying cash. The $26,000 spread in the middle is the classic case…
Standard wholesaling material says the appeal is never owning the house, just assigning the contract. A double close is a different structure: it means actually buying the propert…
One for every strategy in the guide. Each has its own discussion, live deals, outcomes and polls.
