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LossListing Content / Social Media

Hired a junior for social content and lost a client, $8,400 and five months

Small team, we do turnover and light rehab coordination for a handful of owners. Started posting before and after work about two years ago and it brought in real business, so last…

angela_burkeServicePRO120 replies

PollRural Land Flipping

Servicing 20 plus land contracts yourself versus paying a servicer, where does the math flip

I've been pricing out what it would take to run payment collection for a small land portfolio, partly because I'm trying to work out where a service business fits around this nich…

6NnataliehsuSO1BPRO106 replies

PollSubject-To Financing

Cash for the equity at closing, or pay the seller monthly?

I'm still in the reading stage on sub-to, and the piece I can't settle is how the seller's equity gets paid. Every example I've looked at splits into two shapes. Shape one, you ha…

ehernandez74PO2BPRO77 replies

DiscussionReal Estate Debt Funds

What comes off the coupon before it reaches me in a debt fund?

Two funds sent me materials and the numbers don't line up in my head. One says minimum commitment $250,000, the other says $50,000, and a third product a broker mentioned apparent…

dpatel_reCS4AAnswered1 reply

Happening NowReal Estate Debt Funds

A debt fund beats my duplex on every line I can calculate, which bothers me

I've got two columns open and the second one keeps winning, which usually means I built it wrong. Column one, a duplex I can buy at $340,000. Gross rent $2,850 a month, so $34,200…

27Hhannah_west29 Get yoursAnswered2 replies

DiscussionSubject-To Financing

Priced out the paperwork on a sub2, am I missing line items?

Before I go looking at houses I want to know what the closing itself costs, because the courses all talk about buying with no money down and then never mention the desk fees. What…

ehernandez74PO2BPRO7Answered2 replies

Happening NowSubject-To Financing

She wants $28k for her equity. What am I actually buying?

A woman down the road from my first rental is moving in with her daughter out of state. Her loan is at 3.5%, balance around $214k, payment $1,610 with taxes and insurance escrowed…

paulgrant17PassivePRO7Answered14 replies

DiscussionDispo / Marketplace Services

Selling other people's contracts for them. License? E&O?

I've been talking to two acquisition people who both said the same thing: they hate the selling half and would pay someone to handle it. My side of it would be taking their signed…

nicole_adeyemiPassivePRO14Answered4 replies

Happening NowDispo / Marketplace Services

The response data across four channels is telling me something I don't like

I don't have a deal of my own yet. What I've been doing instead is helping a wholesaler I met at a local meetup with his dispo for free, because I wanted to see the buyer side bef…

devon_pierce Get yoursPRO140 replies

PollHome Staging

One stager wants cash up front, the other wants 30% more at closing

I'm getting a house I've held a long time ready to list, and the two proposals I have in hand are structured completely differently. First one: 1,100 design and install, 850 a mon…

ehernandez74PO2BPRO70 replies

PollReal Estate Syndications (Limited Partner)

One property with a full deal doc, or the sponsor's four asset fund where they pick later

Same sponsor, two offers, and I have to choose one. Single asset: 148 units, 1980s vintage, suburban, under contract, five year agency loan, I get the rent roll, the T12, the insp…

paulgrant17PassivePRO78 replies

DiscussionBRRRR Method (Passive Angle)

Rehab items that don't show up in the appraisal but do show up in my turnover numbers

I manage about forty doors, a decent slice of them owned by people running the buy-rehab-rent-refinance loop, and the rehab specs come in two flavors. One group does the cosmetic…

tonyv88SO4CPRO6Answered1 reply

Happening NowBRRRR Method (Passive Angle)

Rural BRRRR where the exit lender's loan minimum is bigger than my refi

Small town, population about 4,000, an hour from anything. Three bed one bath, 1,080 square feet, bought at 61k off a probate that had been listed and expired twice. Rehab budget…

36Llaurenkim53PassiveAnswered8 replies

Happening NowMedium Multifamily (5-20 Units)

Seller wants 950 for an 11-unit collecting 7,850, and my number is due this week

Working up a valuation on an 11-unit I've been asked to list, and the gap between the rent roll and the bank statements is bigger than anything I've seen. Rent roll says 9,100 a m…

13Rryanmck27SC2C4 replies

PollParking Lots / Garages

Which kind of demand would you rather own under a first parking lot

I'm four deals into small commercial and looking at parking for the first time, and the thing I can't settle is what kind of demand I actually want underneath a lot. Every listing…

samantha_ruizAU4APRO55 replies

PollOpportunity Zone Investing

Does the tax benefit ever change what you'll pay for the dirt, or is that how people talk themselves into bad basis?

Argued about this with my accountant and then with a GC in the same week and got opposite answers, so I want to know where the room sits. The purist position is that you underwrit…

devon_pierce Get yoursPRO1411 replies

PollLand Subdivide and Sell

Do you underwrite the lots at retail absorption or at a bulk exit with retail as the upside case?

48 acres, ordinance supports 9 lots without a public road if I use the existing frontage and one easement, and the frontage is the constraint on how fast this moves. Comparable lo…

luis_carrera Get yours1 reply

PollStudent Housing

Furnished or unfurnished for a four bed near a mid-size campus

I'm looking at a plain four bedroom house eight blocks off a mid-size state school and the two comps on the street are doing opposite things. One is furnished, beds and desks in e…

36Bbrandonlee36Passive4 replies

PollSeller Financing (Capital Provider)

Same buyer, same house: bigger down payment or bigger coupon?

I'm about to carry on a 1970s three bedroom in a decent second-ring suburb, priced at 400k. Buyer is self-employed, two years of returns that no bank will read charitably, and he…

wendy_park48CapitalPRO152 replies

Happening NowGround-Up Residential Development (Spec Home Building)

Does the asking price on a cleared lot two streets over mean anything?

There's a cleared lot two streets over from a subdivision that finished last year. Asking 78k, flat, water and sewer in the street per the listing. I've never built anything. I've…

megan_doyle15 Get yours0 replies

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