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DiscussionCold Calling / SMS Lead Generation

Contact rates dropped again, so do you buy more records or dial the same ones harder?

My market is rural, small counties, price points under $120k, and the owner universe is small enough that I can name most of it. Last year my vendor was getting a live conversatio…

17Llaurenkim53Passive11 replies

From the desk:Timberland / Vineyards / Orchards

Total return is 9 percent on 160 acres of fir. Cash yield is zero.

Sold a duplex last year and I've been sitting on the proceeds looking for the boring thing that holds up. Timberland keeps coming up because of the return profile everyone cites,…

tylerbrooks9PassivePRO4Answered16 replies

DiscussionLead Generation Platforms (Building)

One buyer or three? I can't work out how to price the first leads I sell

I've got overflow. My own acquisitions can work maybe 20 seller conversations a week and I'm generating closer to 35, so the rest go stale on a spreadsheet. Two local investors ha…

joe_delgado5AP4CPRO43 replies

From the desk:Hotels (Capital Deployment)

Cash or a 12% piece for my interchange parcel, and I can't value the piece

I've been sitting on 6.1 acres at a highway interchange for nine years. Zoning already allows hospitality, which is why I bought it. A development arm of a hospitality fund came t…

nicole_adeyemiPassivePRO1412 replies

Story

Shadowed a BRRRR guy for a Saturday and ended up in a crawlspace by 4pm

I want rental income without a second job, so before I put money anywhere I asked a guy from my old office if I could just follow him for a day. He does this full time, four or fi…

priya_n21PO1C4 replies

Story

My brother-in-law's 640 foot ADU has four different price tags depending on who asks

He finished a 640 square foot detached unit last year and I've been trying to get a real all-in number out of him for about eight months. First answer was $160k, which is what the…

20Hhannah_west29 Get yours3 replies

WinSingle-Family Rentals (SFR)

The owner wanted to fire me. We changed one thing about the turn instead.

I run the management side and one of my owners, single house, 3/2, was about to leave in January. His complaint was fair. His house had sat empty 51 days on the previous turn and…

tonyv88SO4CPRO65 replies

DiscussionDispo / Marketplace Services

For the first couple of deals, own buyer list or someone else's network?

I have a list of 41 names I scraped from courthouse records and a few meetups, and roughly six of them have ever told me a real buy box. I am not under contract on anything yet, s…

devon_pierce Get yoursPRO148 replies

WinTransactional Funding

Two closers turned down the funder's escrow instructions before the third one signed

I'm about as new as it gets, so treat this as a field report and not expertise. Deal was 142,000 to me, 167,000 to the end buyer, both legs on the same day, funder at 1% flat so 1…

megan_doyle15 Get yours9 replies

WinPre-Foreclosure Outreach

An unreleased 1998 second and a dead co-owner cost me 41 days on a 74k rural buy

Small town, population under 4,000, three bed one bath at 1,180 square feet on 1.4 acres. Judicial state, so the notice had been filed 14 months before there was a sale date on th…

31Llaurenkim53Passive8 replies

LossOff-Market Deal Sourcing

$1,900 of list and skip trace spend, and I never called one owner

Writing this down because I think a lot of people preparing are doing what I did. I'm looking for one small rental to hold, not to wholesale, so my idea was to find an owner direc…

ehernandez74PO2BPRO78 replies

DiscussionDrone Videography

Dedicated drone pilot, or the photographer who says he does aerial too?

I'd rather pay for something that just works without me having to become an expert, so I've been asking around about aerial for a listing next spring. Two answers keep coming back…

tylerbrooks9PassivePRO44 replies

DiscussionDrone Videography

Photographer keeps the copyright and licenses me 'for the listing term'

The aerial photographer's agreement in front of me says he retains copyright and grants me a license to use the images "for the duration of the listing." I'm the seller paying the…

23Ddmitri_v6CapitalPRO7Answered7 replies

DiscussionTimberland / Vineyards / Orchards

Owning shares of a timber company versus owning a small tract

Trying to get the two paths straight in my head before I spend money on either. Path one is public shares in a timber company or a fund that holds forestland. You can buy a hundre…

jordan_ellis2ActivePRO90 replies

From the desk:Lead Generation Platforms (Building)

My crew keeps texting me vacant houses, and I don't know what to do with them

Every couple weeks somebody on a job site sends me a picture of a house. Mail piled up, tarp on the roof that's been there two winters, grass to the window sill. They send it to m…

mitchell_ray4 Get yoursPRO125 replies

Story

Which parcel was the mowing bill for? I could not tell her.

I hold six raw parcels, all in one county, all bought over about nine years. Two are farmed on a handshake lease, one has a billboard easement, the rest just sit there and cost me…

diane_kowalskiPassivePRO1411 replies

DiscussionShort-Term Rental Co-Hosting

What's actually in a co-hosting agreement? The one I was sent is a page and a half

Owner sent me a co-hosting agreement his previous co-host used. It's a page and a half. Fee percentage, a line saying I handle guest communication and cleaning coordination, thirt…

17Ddmitri_v6CapitalPRO710 replies

WinShort-Term Rental Co-Hosting

Year one with a co-host at 20 percent, and the diligence that actually mattered

I bought a 2/2 condo in a small ski adjacent town and a 3/1 bungalow twenty minutes from a regional hospital, and I never had any intention of running either myself. I interviewed…

marcus_hale41CG4A0 replies

From the desk:Co-Living / Room Rentals

My per-door number on a co-living management contract is a lie

An owner with four by-room houses wants to move over to me, and my team mostly handles single family and small multi. 21 rooms total. My standard is 9% of collected rent plus a le…

angela_burkeServicePRO12Answered3 replies

DiscussionCo-Living / Room Rentals

How do I find out if renting the bedrooms separately is even legal before I offer

Sitting on a four-bedroom in an HOA neighborhood that pencils well if I can rent rooms and doesn't pencil at all as a single lease. My agent's answer was "people do it around here…

7Sstephen_ok9CO2CPRO4Answered13 replies

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