every post in the forum, newest first
I've been hunting a specific kind of parcel for about two years, 40 to 80 acres, road frontage, within an hour of a growing secondary market. That money has to be liquid because w…
Building a buyer list from county records and local meetups is real, time-consuming work, so the hesitation around handing those names to a network is a reasonable instinct. A wel…
A group of four wholesalers in my county have been feeding each other leads for about a year. Three of them work day jobs. They contract maybe 2 to 4 houses a month between them a…
Here is a position worth working through. Say an investor has been rotating 90k of a taxable account into REITs since spring and has made a mess of the data center piece specifica…
For a business owner sitting on idle cash who has no interest in a down payment or being a landlord, public REITs are a legitimate entry point, and the minimum really is close to…
A useful case to study: an 84 unit deal at a $9.4m purchase price, first senior quote at 65 percent of cost, $6.1m, verbal from the originator. That leaves a $3.3m gap against equ…
I do trim and cabinet work and lately two of my flipper clients have started asking me to "make it show ready" after punch list, which so far has meant me borrowing my sister in l…
Trying to sort out vocabulary before I embarrass myself on a call. I've seen the same thing called a buyer list, a dispo network, a deal marketplace and a platform, and I honestly…
Ran dispo for a wholesaler on a 3/2 in a working class suburb, contract at 148k, comps supporting 215k, moderate rehab. Fee to be split was 14k, my half 7k. Best deal I'd touched.…
Take a small farm town, population under 4,000, roughly 50 minutes from anything with a hospital. Low price point houses out there sit ignored by most mailers simply because of th…
A common situation for anyone crossing from construction into acquisitions is being confident on the rehab side and green on the paperwork side. Say a tired landlord lead comes th…
On a small syndication, say a rural manufactured housing community with a $50,000 minimum check, subscription documents often arrive as a lengthy PPM, an operating agreement, and…
Accredited investor status under SEC rules generally requires meeting either an income test or a net worth test, not both. The income test looks at individual income above a state…
The insurance binder came back at 17,400 nine days before closing against the 9,600 I had in the model, and for about 48 hours I thought four months of work was gone. Shape of it.…
Contract on a 6 unit brick walk-up in a second ring suburb, 610k, 21 day close. My own buyer list is 340 names and I have closed with maybe nine of them. Sent it Thursday, nothing…
This is a useful case to study because nothing dramatic happens in it, and that is the whole point. A side-by-side duplex, two bed one bath each, built 1988, vinyl siding, separat…
Consider a plan to buy seller financed first position notes direct from the people holding them, rather than through brokers where everything is already picked over. The direct ap…
Take an operator who came to bird dogging almost by accident, having started by reading pre foreclosure filings for note leads and finding those filings worth more to house buyers…
On a certificate approaching the end of its redemption period, take a case at $6,800 all in with two years of subs, on a parcel assessed around $190,000, vacant single family in d…
This is a loss worth studying because everything about it goes according to plan. Bid down state, online sale, the work gets done. The bidder pulls 11 improved parcels with owner…
One for every strategy in the guide. Each has its own discussion, live deals, outcomes and polls.
