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 common pattern among people trying to find one small rental to hold, rather than wholesale, is chasing the list before ever picking up the phone. Say someone signs up for a data…
A clause that trips up sellers and brokerages alike: the aerial photographer's agreement says he retains copyright and grants a license to use the images for the duration of the l…
Take a 3 acre lot with a house, a barn and a decent view to the west, a property large enough that aerial footage probably helps but not so large that the land alone is the story.…
Trying to get the two paths straight in my head before I spend money on either. Path one is public shares in a timber company or a fund that holds forestland. You can buy a hundre…
Every couple weeks somebody on a job site sends me a picture of a house. Mail piled up, tarp on the roof that's been there two winters, grass to the window sill. They send it to m…
Story
I hold six raw parcels, all in one county, all bought over about nine years. Two are farmed on a handshake lease, one has a billboard easement, the rest just sit there and cost me…
A common starting point: an owner hands over the co-hosting agreement his previous co-host used, and it is a page and a half. Fee percentage, a line saying the co-host handles gue…
I bought a 2/2 condo in a small ski adjacent town and a 3/1 bungalow twenty minutes from a regional hospital, and I never had any intention of running either myself. I interviewed…
Consider a property manager whose standard structure is 9 percent of collected rent plus a leasing fee of 60 percent of one month per new lease, built around single family and sma…
Sitting on a four-bedroom in an HOA neighborhood that pencils well if I can rent rooms and doesn't pencil at all as a single lease. My agent's answer was "people do it around here…
Take a private loan on a full renovation of an older three bedroom in an established suburb: first position deed of trust, lender's title policy, lender named on the hazard policy…
Take a small three bedroom house listed around $289,000, with a staging quote of $2,100 for the first eight weeks on a vacant stage, then $450 a month after, prorated in half mont…
A seller is told her house needs staging, and what the agent actually does is have her box up half the family photos and move a bookcase to the garage. No furniture arrives. In th…
Take a $2.5m position in a $6.5m mezzanine tranche that ultimately recovers $560k around month 31. The sequence of a case like this matters more than the final number, because the…
I've been on job sites for eleven years, so I can read a house. What I can't read is a purchase contract, and that's the whole reason I'm looking at agents at all. Two choices in…
Consider a small portfolio, six units across three buildings, all unfurnished long term, where an owner hears a regional office a mile away is adding staff and decides the next va…
For anyone coming to co-hosting from a corner of the business where software subscriptions are not a line item, the pricing is oddly hard to find. Take an owner with three condos…
Here is a live one the room can work through, since the answer generalizes past the specifics. A co-host gets a yes from two owners in the same week. Property A is a two bedroom c…
A two bed cabin, listed as turnkey furnished and operating nightly. The seller wants the real property at asking and then $18k on a separate bill of sale for the furnishings, whic…