I do service work, so I'm walking through houses all week, and the idea of finding deals for the investors I already know seemed obvious. I asked nine of them if they'd buy a disc…
The deal was a 68,000 square foot storage facility in a secondary southeast market with a 22,000 foot climate controlled addition to be built on excess pad. Portal deal, accredite…
Property is a 6,200 sq ft 1994 build on a golf course lot in the top submarket here. Listed 2.65M, been sitting 140 days, seller is an estate. My offer thinking is 2.35M, maybe 2.…
I've spent most of my reading time on notes and paper, so the rehab side is new to me. Every article about luxury flipping uses the word luxury like it has a definition, and then…
Title commitment came back Friday on an 18 acre parcel I have under contract at 42,000. Builder buyer has verbally agreed to 68,000 and wants four lots off the road frontage. Two…
Everything I know about valuing property comes from rent rolls and expenses on my two small buildings. Land breaks my brain. Someone at a meetup told me he puts raw land under con…
I'm still working out where I fit in this industry and I keep circling back to the brokerage side rather than the agent side. What I can't find is a plain number for startup. I've…
Passed the broker exam in the spring, mostly because I was tired of paying a split on my own deals and I wanted the option. Now I'm sitting on it and the math isn't as obvious as…
Still new, so bear with me. A hard money lender's site said they fund 90 percent of purchase and 100 percent of rehab on flips, which made me think you could get into a $2M house…
Halfway into a 5,400 sq ft luxury reno I'm managing as a partner rather than as the GC, and the millwork package just blew up. Architect's allowance was 95k for kitchen, butler's…
I've been an LP in other people's deals for years, so this is me poking at the active side for the first time and finding out how little I know. My county posts a trustee sale lis…
This was a bank-owned two bed plus a converted attic room in an inner-ring suburb, on the market 71 days with two price cuts. List was 164, I offered 141 with proof of funds and a…
The open-end debt aggregate was up 5.5 percent year to date gross of fees through Q3 2025, against 4 percent for the equity index. Every closed-end bridge fund deck on my desk cit…
The whole point of this purchase was income that doesn't call me at 9pm, so I bought the crop and gave away the farming. 60 acres of mature pecans, trees mostly 25 to 35 years old…
He buys small multifamily and said if I bring him an address he ends up closing, he pays $500 per door. He wouldn't put it in writing, said that's just how it works and everyone i…
I'm funding the acquisition side for a partner who buys and flips 6 to 8 houses a year in a mid-size midwest market. Average purchase is around $145k. Two people pitched me last w…
I'm going through a JV agreement for the first time as the equity side and the exit section is two sentences long. The operator "shall determine the timing and terms of any sale i…
Story
I got invited to a closing table last spring because I was funding the equity check. Small number, nine thousand dollars, which is why I said yes without much thought. The buyer w…
I have a contract shape figured out and now I'm stuck on sequencing. Say I get 12 acres under contract at 30k with a 30 day inspection period. Do I open title immediately and pay…
Learning how private money moves and this one nags at me. A flipper owns the house and insures it. A landlord insures it. A wholesaler owns nothing at any point, so is there anyth…