Listing is $1.6M. Six apartments at $1,400, plus two ground-floor suites, one at $2,200 a month and one at $1,900, both described as triple net. Seller's sheet adds all of it, sub…
I'm looking at a surface lot near a hospital, 50 striped spaces. The broker's one-pager says "85% occupancy" in big type, then further down the seller's income summary lists 22 mo…
I've got three offerings open in front of me. Two multifamily deals take $25,000 and one takes $100,000. One of the $25k sponsors asked for a letter from my CPA confirming I'm acc…
A note seller sent me a tape with columns marked NPL and RPL and one row labeled "sub-performing." I thought non-performing just meant the borrower stopped paying. But two loans o…
Underwriting is where I spend my time and I'm looking at this from the outside, so push back. The pitch on reverse wholesaling is that you sign up the cash buyer first, get their…
Asking is $310,000 on 38 acres, so $8,158 an acre. The parcel is outside the utility service boundary, paved county road on the south line, gently rolling, maybe 6 acres of it in…
Trying to work out what the overhead looks like before I go anywhere near this as a business. Right now I'd be one van, myself, and two guys, doing interior rehab work for investo…
I asked a seller on a 12 acre listing what his annual carrying costs were and he sent a short list. Property taxes, a vacant land liability policy, a couple of mowings, and a subs…
Before I pay anyone per lead I want to know what the inputs cost, mostly so I can tell whether a $28 per lead quote has any margin in it or whether the shop is losing money and wi…
Someone in a webinar said developers routinely spend six figures studying an office building before they've bought anything, and that most of those studies end with a no. I don't…
An agent I talked to said she pays about $400 a month to a marketing person who does her listing presentations and her social posts. I don't know what a listing presentation is be…
Thin margins are my whole life and I don't want to spend 800 on an entity for something that might pay me 500 once. Somebody told me you can't accept a fee as an individual, you n…
My mortgage broker mentioned in passing that starting in 2026 I can use projected rent from an ADU to help qualify for the loan on the house I'd be living in. I do a lot of due di…
I'm looking at building a service around gut rehabs rather than owning them, something like an owner's rep who runs the schedule and the money for investors doing two or three hea…
Deal in front of me is a VA loan, 312k balance, 2.75%, seller is active duty and moving. He's happy with subject-to in principle, small equity check, I take over payments. Then he…
Everything I've worked on has been in the $400k to $500k range. There's a house I'm looking at around $1.4M and I can't work out which part of my process stops working. Same crews…
Trades background, so I've been on plenty of flips as the guy doing the work and never as the guy signing anything. Now I'm reading the other side of it and something bugs me. The…
I want the boring version of this that works, so forgive the blunt framing. My understanding of wholesaling is that the whole business is the buyer list. If you have 200 real cash…
I've been looking at small rentals in a rural county for a while and a few people who own land out here have started asking me what I think about their properties, mostly because…
My agent told me flat out that the policy on my acreage won't extend to paying guests, and that I'd need to be rewritten commercially. Fine. Then he asked what amenities I'd have…