someone asked, the room worked it out
Take a service business that also sells a paid coaching track, a twelve month program at 6,000 up front or 650 a month, with a 14 day full refund window written into the agreement…
Take a 40 lot subdivision. Raw land 1.1M. Engineer's opinion of probable cost at 1.72M, roughly 43k a lot for grading, wet utilities, paving, storm, dry utility trenching and land…
Take a small-town property in the 85,000 to 110,000 range. Buy at 95,000, put in 25,000, and it appraises after work at 150,000. The gain is around 30,000. The exclusion covers up…
This question sits adjacent to note investing, but it comes up whenever evaluating a small rental to understand the asset side, and the commission picture has gotten confusing. Ol…
A single asset offering in a designated opportunity zone tract is worth pressure testing on the exit assumption alone. If the sponsor's model holds for eleven years and exits at a…
Wholesaling gets called the no money strategy, but a deposit typically still goes to the seller under the contract, and there is usually a cost for title work. A reasonable range…
Take a duplex bought at 140,000 with 62,000 put into the rehab. Comps support 265,000. The appraisal comes back at 243,000. At 75 percent that is 182,000 versus a 198,000 underwri…
Sizing the true cash need for a short-term rental purchase means going past the down payment. Take a two bedroom condo in a tourist market at 320k, 20 percent down at 64k. Beyond…
Take a shop of four originators and a processor where purchase volume is holding but refi has largely dried up, and two of the four are living off a thinning pipeline. A steady tr…
Looking at my first LP deal instead of another flip, and the summary page has three numbers stacked on top of each other. 15% IRR, 1.8x equity multiple, 8% average cash-on-cash. O…
Take a side by side duplex at 429k, 5 percent conventional owner occupied. PITI plus MIP lands around 3,150. One side rents at 1,750, with market supporting maybe 1,800 on turnove…
First rental coming and I've been reading everything, which means I've read about forty articles saying the NAR settlement was going to end the 6% commission. Then I looked at wha…
Working on my salesperson license now and a private lender I know suggested I bring him deals and take a piece of the points. He funds, I find the borrower, walk the file, and get…
Three deals in and I've hit a wall on the REO side. Every bank-owned listing that hits the MLS in my two target zips is going to highest and best within about 72 hours, and the wi…
A common structure in mobile home park investing is converting park-owned rental homes into resident-owned homes on leased lots, since that shifts maintenance and turnover risk to…
Sponsor's investor page: 14 acquisitions, 4 realized, average IRR 24% on the realized ones. All four of those were acquired between 2014 and 2017 and sold before 2020. The other t…
I'm getting ready to list two parcels and the agent's marketing person sent over a menu. There's a one-time line called brand kit at $1,200 and then per-listing packages under it.…
Running a bid on a first lien and I can't make the math survive the calendar. UPB 180k, last payment 31 months ago, borrower still in the house and not responding to the current s…
Deal page lists the sponsor as "$400M+ transacted, 40+ projects" and that's it. Nothing about how many of those went full cycle, no realized returns, no mention of the ones that d…
Working through a typical bridge-to-DSCR term sheet is a good way to check the arithmetic against how long-hold investors actually think about carry cost. Say the deal is purchase…
One for every strategy in the guide. Each has its own discussion, live deals, outcomes and polls.
