every post in the forum, newest first
I've been working with an agent who genuinely knows investment numbers. She runs comps, she understands ARV, she's brought me two pocket listings from her wholesaler contacts. No…
A common negotiation point when signing with an investor-friendly agent: exclusive buyer representation for 12 months, county-wide, covering all residential 1-4 unit purchases, wi…
Set the scenario as a buyer negotiating a rent to own on a small house, with the owner leaving the term open to proposal. The file needs about eighteen months of clean payments an…
Two weeks into all of this and I sat down at a coffee thing where four people were talking about buying notes. I assumed they meant something like a letter of intent. Some kind of…
Take a 12-month bridge with a 6-month extension option at one point. The sponsor's exit is a DSCR refinance on a stabilized 8-unit, and the pro forma has certificates of occupancy…
Take a borrower doing a heavy rehab on a 12 unit in a secondary market. Purchase 640k, budget 210k, senior bridge loan 700k from a private lender, stabilized value the borrower pr…
I've read the section on income valuation twice and I think I finally understand why these two buildings are asking the same number. Both are 5 units, same small city, about a mil…
A typical agency onboarding sheet, before anything is signed: CRM $99/mo, call tracking $45/mo plus $0.03 a minute, landing page builder $99/mo, skip trace credits billed as used.…
Take an operator who buys vacant parcels, 5 to 40 acres, across four counties that are rural but not empty. After two years of reading about direct mail without pulling the trigge…
Take a duplex, both sides 2/1, bought 26 months ago at 318k with roughly 71k put into it since: new roof, both kitchens, a full electrical rework, exterior paint, a rebuilt rear s…
I'm a few deals in and my ceiling right now is that I can't tell a good number from a hopeful one fast enough. Two people have suggested I get an appraisal license so I stop payin…
Timberland keeps coming up as the boring asset that holds up, largely because of the return profile people cite, roughly 10.7 percent annualized since 1987 on the NCREIF index wit…
Take a rural buy box: small counties, price points under 120,000, an owner universe small enough that one person can name most of it. Suppose that list produced a live conversatio…
I've got overflow. My own acquisitions can work maybe 20 seller conversations a week and I'm generating closer to 35, so the rest go stale on a spreadsheet. Two local investors ha…
Anyone weighing rental income without wanting a second job would benefit from shadowing an operator who does this full time, four or five houses a year, buying rough and refinanci…
A landowner holding 6.1 acres at a highway interchange, zoned to already allow hospitality use, receiving two offers from a hospitality fund's development arm is a useful case for…
A useful case study in why underwriting off someone's stated project cost is risky: a detached 640 square foot ADU where the general contractor's signed contract said $160k, but t…
Take a small town case, population under 4,000, a three bed one bath house at 1,180 square feet on 1.4 acres. In a judicial state, notice can be filed 14 months before a sale date…
A single house turn illustrates how much timing alone can move the numbers. Picture a 3/2 that sat empty 51 days on its previous turn, costing the owner two months of holding cost…
A question worth thinking through before ever going under contract: whether to build a buyer list from scratch or hand disposition to an established network or marketplace for the…
One for every strategy in the guide. Each has its own discussion, live deals, outcomes and polls.
