Two of the resolution paths that always get listed together are the discounted payoff and the short sale, and the distinction rarely lands on a first read. In both, the borrower e…
Working through the numbers on a coordination practice that's at capacity. Say 34 open files at any time, 13 closings a month, flat $400 per file, so about $5,200 a month gross fr…
Take a transaction coordinator's client agreement with three clauses worth reading closely before signing. First, if the scope exhibit says the coordinator provides calendar remin…
Take a buyer who finds a small three bedroom through an open house, and the agent standing in the kitchen offers to write the offer herself and save everyone time, sliding across…
I've been going to open houses with an agent I found online, and one of the places she took me to is a listing that's hers. Her own sign in the yard. She said if I want to write o…
Say a zoning verification letter comes back on a 44-lot community. The park predates the current ordinance, so the use is legal nonconforming, and the letter says in plain languag…
I've been pricing out two furnishing packages for the same 2 bed unit and the gap is wider than I expected. The traveler package is around 6k, warehouse store beds, a couch that w…
Take two open-end debt funds side by side. Both residential and light commercial bridge, both quoting around 9 percent net, both open quarterly. An investor with a finite amount o…
I read everything twice and I've read the supply argument about four times now. New deliveries in apartments, industrial, self-storage and senior housing are forecast to drop shar…
The convergence argument for 2026 into 2027 is fairly clean. REIT valuations sit near historic discounts to both broad equities and to private real estate, the private gap being t…
I gave a range on a first call last month and it cost me the deal. Long tenure owner, absentee, house had been on a rental for years. From the data and two exterior photos I said…
For an owner nine months from closing on a first piece of farmland, somewhere between 80 and 120 tillable acres, the lease decision usually comes down to cash rent against crop sh…
Closed on 38 acres of mixed timber and old pasture in a low-population county at $27,500. Comps on similar acreage with clean frontage were running $1,600 to $2,000 an acre, so on…
A case worth studying because the loss hides inside a healthy looking gross line for a year. Six level garage in a secondary downtown, 240 spaces, with a minority partner buying i…
I've got about $150k I want to put toward this sector and two routes on my desk, and after three weeks of reading I still can't articulate the difference in what I'd actually own.…
Here is a scenario worth working through. 140 acres, a 345kV line crossing the northeast corner, and the parcel sitting about 8 miles off an I-20 interchange. A developer's land t…
Story
A friend manages a 340 unit property and said I could sit in the leasing office on a Saturday if I wanted to see what the job actually looks like. I've been poking around the serv…
Take a small agent-marketing outfit where the revenue mix ought to bother a buyer. Roughly $40k a month recurring. Two brokerage teams are about 60% of that on annual agreements.…
Take a small house on 1.4 acres in a town of about 2,800 people, three bedroom one bath, listed at $118,000, four months on market, six showings, no offers. The original listing h…
Take a corner building from the 1930s, five apartments over two storefronts. One storefront is a taqueria with a fryer and a hood, the other is a dry cleaner drop-off. Someone who…