live deals, numbers on the table
Buying tenanted rentals rather than fixing anything up is a common path to income that doesn't turn into a second job. A frequent entry point is a service that emails deals to a b…
@ehernandez74 a first mail campaign to absentee owners of 5 to 40 acre rural parcels, pulled from county assessor data and filtered for out-of-county mailing addresses, seven-plus…
Take a townhouse, 3 bed, in a mid price suburban pocket, comps around $268k, with $141k owed on a fixed loan the owner will never beat. Rent is $1,725 and a tenant of three years,…
Consider a rural county where target houses run $38k to $72k, rents hold in the $675 to $850 range, and tenancies average longer than in most metros. The math on the property itse…
Take a first rental going up for lease, a small two bed in a decent suburban pocket, asking $1,650. The agent's listing draft comes back with eleven photos, several repeating the…
The owner whose turnovers and listing photos I handle sent me the payment standard sheet from the housing authority with "1720" circled in pen. Her 3 bed townhouse has been vacant…
Here is a scenario worth walking through for anyone reading their first storage statement. Take a 240 unit facility where the revenue line grows 6 percent year over year while uni…
For someone planning a first purchase, the order of operations question around cold calling services is worth working through carefully. Off market deals often do come from consis…
A common scenario worth working through: a service business with a handful of employees renting its shop, and the landlord finally names a sale price. Say 950k for the building an…
A scenario worth working through carefully, and a lesson either way. Say an operator someone has met twice at a local meetup asks for $15,000. He wants to take a lease option on a…
Two houses under contract review, one of them has to go. House A: 3,200 sq ft, 4 bed 3 bath, single story, 0.4 acre. Asking 465k. Layout gets me 6 residents in 5 rooms if I conver…
Take a partially built 138 lot subdivision in a metro suburb where the original developer stalled and a bank took the asset back. Phase 1, 60 lots, is recorded with roads, water,…
I have $200k I'm ready to place and two funds in front of me. I've never been in a fund before, only two small LP positions in single-property deals. Fund A: $75M value-add multif…
Here is a scenario worth working through, because the clause at the center of it shows up in most closed-end fund documents. An LP is asked for a $250k commitment to a closed-end…
Take a loan of $412,000 on a 6 unit brick walkup, tired but occupied at 4 of 6, borrower repositioning by turning units as they vacate, exit via a DSCR refi at stabilization. As-i…
A clause worth understanding before signing any home inspection agreement: many inspector contracts limit liability for any claim, including negligence, to the amount of the inspe…
Here is a scenario worth working through. Say an operator is tying up four contiguous parcels at the edge of a growing small city, 31 acres total across the four, currently zoned…
Here is a clause worth working through before anyone signs a marketplace listing agreement. Take a wholesaler about to list two contracts, reading the terms closely for the first…
Studying for the license and one of the brokers at the office let me sit in on a 180 unit listing. The offering memorandum leads with $172,000 per unit against a "replacement cost…
Offer accepted at 296k on what the listing called a duplex. Upstairs is a two bedroom, downstairs is a one bedroom with its own entrance off the side yard. Separate electric, shar…
One for every strategy in the guide. Each has its own discussion, live deals, outcomes and polls.
