every post in the forum, newest first
A friend is buying a house to flip and his hard money lender is covering 75% of purchase plus rehab. He needs $40,000 more for the down payment and part of the rehab reserve, and…
Under contract-ish on a 42-lot park in a secondary market, asking $1.35M. Lot rent is $285, 38 occupied, 4 vacant lots with pads and hookups. Private well serving the whole park,…
Under contract-ish on a 42-lot community in a secondary market, asking $1.15M. 33 homes are tenant-owned on lot rent of $325. Nine are park-owned and rent all-in at $725. Two vaca…
My first rental, a small duplex, has tenants moving in at the start of next month. I spent four months learning screening and lease language and I thought that would be the whole…
Take a lien fund with roughly 60 million deployed across four states, reporting a weighted average bid rate of 12.4 percent for its last full vintage against a realized plus accru…
Start with a simple model, knowing it is too simple. Two hundred certificates, average face $2,200, statutory 16 percent, everything redeems inside 18 months. The spreadsheet retu…
Private money looking at brokerages as service businesses runs into a hard problem with the underlying math. The asset is a set of independent contractor agreements that mostly te…
Got off a call with an agency that wants to run seller ads for me so I can stop paying finder fees on rehab deals. The guy said "we're at $45 CPL in your market, CPA on signed con…
Say an operator running seller acquisition ads wants to know whether AI generated creative is actually as good as agencies are pitching it. A clean way to test it: same offer, sam…
Seller of a 78,000 sf single tenant building is underwriting a full roll to market and I can't make the math sit still. In-place is $4.85 psf NNN with three years left, 26 foot cl…
Broker sent me a 1998 vintage distribution building in a secondary southern market. 62,000 sf, 24 foot clear, 8 dock doors, 110 foot truck court, 4.1 acres so coverage is about 35…
Writing this from the sponsor side. Mid-size industrial infill, five buildings, $14.2m purchase. Senior loan was $9.1m fixed for five years with defeasance and a lockout through y…
Working through what actually changes on the compliance side when four unrelated people each hold their own lease in one house. My insurance agent used the phrase rooming house an…
This is a management contract failure worth studying in detail. A 24 unit, 96 bed off campus portfolio goes out to bid and gets won at 4 percent of collected rent. Four bedroom un…
I'm looking at parcels, mostly 5 to 40 acres, price points from about $40k to $120k. Two agents have now more or less brushed me off, and a third said outright that she'd need a f…
Seller I do listing work for owns a side by side duplex free and clear, both units rented, asking 340k. Two conventional offers fell apart on appraisal and financing, and the thir…
Take a seller who owns 11 acres outright with no mortgage on it. A buyer offers close to asking but says no bank will touch raw land, and asks whether the seller will take payment…
I'm rebuilding my outreach for a market I've never been to, and the two options don't sit next to each other well. Outbound calling and texting means I control the volume. I pull…
A pattern worth naming: an agent on one of the big real estate CRMs, plan around $400 a month, takes an honest look at what actually gets used. Contacts and notes, plus the search…
Four years of mail and PPC leads sitting in a database. 14,200 records, of which maybe 9,000 have a phone number I'd call good. All of them said no or went dark at some point. Cur…
One for every strategy in the guide. Each has its own discussion, live deals, outcomes and polls.
