A small multifamily owner hunting off market deals often gets quoted $2,500 a month in ad spend plus $1,500 management, and told $800 isn't worth testing. That isn't just margin p…
Reading the material on these groups twice, the way I do, and the same claim keeps coming up: a network helps members stay compliant because knowledge about state rules gets share…
A recurring argument in real estate marketing work: where should the first dollars go for a client running a modest budget, say 1,500 to 2,500 a month all in. Search is the obviou…
Duplex, seller's payoff is about $142,000 on a 3.25% note, asking $205,000, willing to carry the difference on a wrap so the underlying loan stays in place. I've been on the tools…
I'm buying rural land, mostly 10 to 80 acre parcels, with a mix of seller financing and purchase options. My deal count is going up and my legal line is going up faster. Quotes I…
I have a 4 bed 2 bath under contract in a older neighborhood about a mile from a community college. Closing in three weeks and I still haven't decided how to lease it. Whole house…
Looking at taking a piece of a single house deal and the financing doesn't line up with the operating plan. Purchase price 420k, it's a 4/2 with two bonus rooms converted, so six…
Running the numbers on next year's mix for a small valuation practice, the two paths do not compare cleanly, so it helps to lay out both. Panel work through management companies p…
Story
Take a small mixed use building, two commercial bays and four units above, in a town of about 9,000. Aerial shots make sense for a listing package when ground shots undersell the…
The goal on a first parcel is usually the option that sells without drama, and a buyer with $12,000 to spend tends to land between two ways of spending it. Option one is cheap and…
The collateral line in the offering read "first priority security interest in 100% of the membership interests of the borrower." I read secured and stopped reading. Nobody was sec…
Looking at a 90 acre parcel listed with a timber cruise attached. The listing says something like 40 acres of merchantable pine plus the rest in younger growth. My assumption was…
Take an appraisal that comes back at 2,850 an acre on a 420 acre pine tract, split as bare land 1,650 and standing timber 1,200. Say the cruise puts merchantable volume around 38…
I'm three deals into the portals now and the thing I got wrong at the start was spread. My first check was $1,000 into a single value-add multifamily deal because it looked like t…
I've been reading up on this for six months and this part still won't sit straight in my head. My buyer representation agreement, the one I have to sign before touring anything no…
A buyer representation agreement arriving right before a showing, with a request to sign before the buyer can see anything, is common practice with many agents now. Worth slowing…
Sat down with a listing agent about a duplex and she had clearly written her whole property description with AI. It read fine. Better than the last three descriptions I read, hone…
A scenario worth working through. Take a rehabber who shoots every project for the record: framing, mechanicals, the ugly parts, then the finished rooms. Nothing fancy, a phone pl…
Reading through a deal package on a small multifamily syndication and there's a line I haven't seen broken out this way before. The sponsor charges a 2 percent acquisition fee, an…
A common pitch runs 2,500 dollars a month for SEO with a six month minimum, with the agency fairly blunt that paid ads turn off the moment the card stops. For a small portfolio ad…