every post in the forum, newest first
This is one of the most common debates among people planning a live-in flip, and both sides have real merit. The case for doing the kitchen first: a two year hold minimum means th…
I have 52k saved and I'm looking at houses in the 130 to 160 range where 20 to 25 percent down plus closing plus a light turn puts me somewhere between 40 and 48k in. Which means…
Sold a block of stock left over from an old employer and the gain is about $80k. My accountant laid out two paths and I keep flipping between them. Path one is rolling the gain in…
Net lease gets pitched as low friction on closing costs, but that skips the checklist. Take a freestanding 9,100 square foot box, asking 1.9 million with 11 years left on the leas…
This closed six weeks ago and I've been waiting to write it up until the first rent hit the account, which it did on the second. What it is: a 2,100 sf condominium retail unit ins…
Say a seller is carrying financing on a small, unencumbered fourplex and has two live buyer conversations. There's a real disagreement about where the underwriting effort belongs.…
Run the comparison on a portfolio of six doors plus two active flips. A monthly close might quote around $520 a month, a quarterly close on the same volume around $1,150 a quarter…
Two paths on the same kind of deal and I've read enough about both to be genuinely stuck. Path one, tie up raw land under an option with a long feasibility period, spend your own…
Say an investor has 50k to place, willing to lock it up for roughly five years, and a sponsor offers two structures at the same minimum. Option one is a single asset, a 140 unit m…
I'm in for 60k on a small multi tenant strip, four suites, bought at the end of a slow market. Quarterly updates arrived on time every quarter and read fine. Then on the month 14…
Take a consulting engagement on a 96-unit 1980s garden complex, 71 percent occupied, in-place rents about 380 under a comp set the owner doesn't fully trust. They want advice on w…
Say a developer's 40 unit infill project is stalled at permit plus nothing. The GC pricing comes in around 12 percent over the number in the pro forma taken to equity, contingency…
Here is a live-in flip scenario worth working through, because it is the shape most first timers land on. A 1974 ranch, 1,450 sq ft, three bed one and a half bath, listed at $289k…
That claim is wrong on both counts. The primary residence exclusion only covers gain on the sale of the home, up to statutory limits, and rental income collected along the way is…
Seller wants $159,600 for 38 acres, which is $4,200 an acre. It's been listed a while, mostly wooded, one long side on a paved county road. What I think I have. Sold comps in the…
My county planning page has two columns. One says "minor subdivision, 4 lots or fewer, administrative review" and the other says "major subdivision, preliminary plat, public heari…
Looking at a small cabin about two hours from me and I can't get my head around the management side. Everyone in the comments of everything I read says get a co-host, they take 20…
Take a rural lake town, population under 3,000, the kind of place that draws investors because price points are low enough that a single mistake does not end the operation. This c…
Old employer 401(k) with $310k in it. I have a side consulting income, real 1099 money, about $40k last year and probably similar this year. Three rentals held personally already,…
A structure question worth working through carefully. Say an IRA buys a $300,000 four-plex with $200,000 of IRA cash and a $100,000 non-recourse loan, so the debt-financed percent…
One for every strategy in the guide. Each has its own discussion, live deals, outcomes and polls.
