every post in the forum, newest first
A pattern worth studying in bird dogging: sourcing leads from probate filings at the county courthouse, in person where the docket is not published online in usable form, which va…
Whether bird dogging can run on subscribers instead of one-off fees comes down to decoupling revenue from the buyer's closing table. Say six investors, each paying a monthly retai…
Running both land and houses remotely makes the tradeoff between them clearer over time. Land suits the virtual model almost too well. There is no roof, no mold, no tenant, and mo…
I'm $75k into a $12m entitlement fund, 41 LPs, three parcels on the edge of a growing secondary market. The plan was rezoning and a sale to builders, five to seven year hold, no c…
Draft services agreement in front of me for taking over investor relations for a sponsor with about $40M across four funds. Two clauses I'm stuck on. The fee is 15 bps of assets u…
I'm sketching out how a lead platform should get paid and the two ends of the range behave completely differently. Seats. Say $299 a month per investor for access to a filtered fe…
I spend most of my time on land, so this is outside my lane. What got my attention is that the pipeline for new apartments is contracting sharply and vacancy looks like it topped…
Small numbers, but worth studying as a complete case. Take a collapsed carport on a 1,340 square foot ranch, the carport roof resting on what used to be a car, grass knee high. Lo…
For anyone building a service business around real estate without buying yet, it helps to understand the tooling since a good share of future clients will be using it. Most drivin…
Reviewing a funder's document package for a double close is worth doing carefully, because the structure often relies entirely on timing rather than a recorded lien. Take an A-B l…
Six months of nothing and then this one went through in a single morning, so I'll write down what it actually cost while I still remember. Small three bed in an older subdivision,…
A common mistake in BRRRR: the property gets picked the way a flip would be picked, chasing the widest spread between price and after repair value, with rent barely considered unt…
A four door portfolio attempting a full BRRRR cycle, buy, rehab, rent, refinance, repeat, is a useful case for showing where the fifth step goes wrong even when the first four go…
Consider a case where a landowner asks a pre-development consultant what it would cost to find out whether 60 acres could get 40 megawatts of utility capacity. Without an existing…
A wholesaler at a meetup told me he pays his funder $2,800 a pop and would happily run a second one, and that with $100k I could be it. When I asked about licensing he said none n…
Under contract on a small three bedroom rental at 168,000, my first one, and my loan officer asked a question I couldn't answer. He pulled the county records and the person on my…
I run rehabs and I wanted a steady flow of seller appointments without me on the phone. Set up an appointment setting desk through an agency in November: two dialers at $11/hr ful…
I've spent my whole working life in the trades and had never touched the investing side, so I did the smallest version of this I could think of. Pulled 60 owners off the county si…
I've been researching instead of buying for a while and I decided the one thing I could do without capital was ask hard questions. So I wrote a one page request and sent it to fiv…
A live in flip gets pitched as the easier version of flipping because the owner is living there anyway, so there is no rush to sell. The harder question is where the actual profit…
One for every strategy in the guide. Each has its own discussion, live deals, outcomes and polls.
