every post in the forum, newest first
Take a small 4-unit found through a text campaign in a market the buyer has never visited. Two units occupied, two vacant, seller says the vacants need paint and one needs a tub s…
A setup worth examining, because it is common among virtual wholesalers. An operator runs documents rather than properties, with a single purchase and sale agreement carrying an a…
I don't invest and I'm not sure I want to. But I'm out in neighborhoods constantly for work and I notice the same things over and over, houses with two years of mail in the box, b…
A common bird-dogging situation: someone spots vacant houses through their day job, in this case job sites, and keeps informal notes over time without any system behind it. Say th…
Deed state, live sale, single family house, 1,340 square feet, 1958, in a neighborhood where similar houses were closing in the $95,000 to $110,000 range. Opening bid was the tax…
A common situation: someone gets paid a flat fee by an owner to find and lock up a property that owner wants to buy. That's wholesaling, sort of, except the buyer is known before…
The Redfin work showing buyer-agent commissions at the luxury level ticking slightly lower after the settlement, while fees on cheaper homes held or went up, is the part that is h…
Say a job payout clears and 400k of it sits in a money market while the owner argues with their own spreadsheet. The goal is liquid real estate exposure instead of another ground-…
Work through a supplemental for a typical mid-cap industrial name and the headline story (REITs implying 6.3 percent against private appraisals around 5.1 percent) keeps shrinking…
Screening properties from a distance means noticing which listings come with aerial footage and how much weight it deserves. The case for treating it as real information: a rural…
Consider an operator looking for one boring rental who pays for access to a network's deal flow to shortcut the search, buying a six month buyer seat in a group of about a dozen s…
An agent's income shows up when a deal closes, which can mean three closings in a month or none for two months. That timing mismatch makes a fixed monthly marketing bill look stra…
Take a marketplace blast that comes through at $145,000 with ARV listed at $210,000 and rehab estimated at $45,000. Pull the county record and the property is under contract at $1…
My first rental closes in about five weeks, a small three bedroom I found through an agent. Somewhere along the way I ended up on an email list, and now I get two or three message…
Two weeks in and I've got a conversation going with a buyer who does maybe fifteen houses a year. He said something I can't work out. For my first three leads, no finder's fee, bu…
Reading the CC&Rs on a lot before an offer goes in is worth doing even when it feels unusual. Take a subdivision of about 90 homes with covenants recorded in 1978, including a cla…
A private fund making short term bridge loans on 100 to 300 unit value-add apartment complexes is often pitched on the strength of its position: first lien, 65 to 70 percent loan…
A situation that comes up constantly and confuses nearly everyone the first time. Say a deck for a 90 unit in Greenville gets forwarded around an investing group. The minimum is 5…
Putting this up because I read a lot of conversion threads before I wrote the check and I didn't read enough of these. Two story masonry building from 1926, ground floor was a ban…
A vocabulary question worth settling before anyone uses the term in front of a planner. Adaptive reuse gets applied to a warehouse becoming lofts, which makes sense. But brokers a…
One for every strategy in the guide. Each has its own discussion, live deals, outcomes and polls.
