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PollMedium Multifamily (5-20 Units)

Percent of collections or flat per door: which management fee structure is fairer at 8 units?

I'm building out management services and the fee structure question keeps coming back at me from both sides of the table. In this size range, five to twenty, the two common shapes…

mikeoconnell7SP2APRO170 replies

WinListing Content / Social Media

Repriced three retainers off deliverable counts, hourly went $77 to $126

Five retainer clients, all residential agents and one small investor shop. Until last spring every one of them was priced on a deliverable count. 16 posts, 4 reels, one email a mo…

angela_burkeServicePRO12Answered6 replies

DiscussionLease Options (Rent-to-Own)

Equitable interest and the point where a lease option turns into a disguised sale

Building a service business helping owners set these up and I want to know where the structure breaks before I put my name on it. The version I keep seeing pitched: 60-month term,…

derekj19SB1BAnswered4 replies

Happening NowLease Options (Rent-to-Own)

Tenant-buyer wants 18 months when my bridge matures in 10

Bought a 4 bed to flip, ARV penciled at $320,000 going in. Two appraisals during the reno came in at $293,000 and $297,000, and I'm all-in at $271,000 including a $19,000 overrun…

samantha_ruizAU4APRO5Answered5 replies

PollReal Estate Photography / Video / 3D

Photos on Thursday with the trades still in the driveway, or wait until Monday

Third flip in a row where the media schedule and the punch list have argued with each other and the punch list lost. My pattern has been to book the shoot for Thursday morning so…

samantha_ruizAU4APRO58 replies

Story

The appraiser on my 40 acres asked me for a list of everyone I'd ever talked to about buying it

Needed a value on a piece of raw ground for an estate matter. I figured it'd be quick, it's a rectangle with a gravel access and a creek across one corner. The appraiser showed up…

nicole_adeyemiPassivePRO140 replies

Story

The vineyard owner watched one number on his phone the whole time we cleaned

We picked up a vineyard as a client last spring, mostly the tasting room and the event barn, standard stuff. Then in September they asked us to come at six in the morning ahead of…

monica_tran3SF4CPRO1110 replies

LossNote Buying (Non-Performing)

Bought a second lien for $9k, and the first foreclosed me out of existence

Construction is my background, so I understand structures better than I understand liens, and I proved it. The note was a second mortgage, $31k balance, on a 1,400 square foot hou…

gregpowell66AG4BPRO126 replies

Story

Somebody drew preferred equity as a set of stairs on a placemat for me

I'm land and long holds and I don't do any of this, but I ended up at a small dinner where two people spent forty minutes arguing about pref equity and I finally admitted I didn't…

karen_whitfieldPG4APRO710 replies

PollReal Estate Debt Funds

Ten states or one county, which loan book actually survives a bad year

Two funds I've been reading take opposite positions on the same page of their material and both call it risk management. The first has around 140 loans across eleven states and sa…

karen_whitfieldPG4APRO70 replies

WinBird Dogging (As Service)

Turned three investor clients into two retainers by showing them my own rejection data

Been billing per lead across three clients since last spring. Two of them are now on monthly retainers and the change came from a spreadsheet I built for my own use, not from anyt…

28NnataliehsuSO1BPRO10Answered9 replies

Happening NowVirtual Assistant Agency

$1,400 a month for a full time VA. What am I actually buying?

I own four small rentals and I spend maybe ten hours a week on things that shouldn't take my time. Chasing insurance certificates, updating the rent roll spreadsheet, calling back…

priya_n21PO1CAnswered10 replies

DiscussionVirtual Assistant Agency

Is a VA agency just a middleman between me and Upwork?

A pitch landed in front of me for a "full-time real estate VA" at $1,600 a month, 40 hours a week, cold calling and CRM cleanup. Then I went looking on a freelance job board and f…

20NnataliehsuSO1BPRO10Answered5 replies

Happening NowEducation / Coaching

Offered a teaching slot in somebody else's $4,000 program. Good trade?

A guy with a real audience, maybe 30k email list, runs a $4,000 program on buying small service businesses adjacent to real estate. He wants me to build and deliver a four-week mo…

22NnataliehsuSO1BPRO10Answered2 replies

DiscussionEducation / Coaching

Mastermind, mentorship, coaching program: a real difference, or just a price?

Construction background, learning the investing side, and I've been pricing out education. In one week of looking I got quoted $997 for a course, $12,000 for what was called a men…

gregpowell66AG4BPRO125 replies

DiscussionBoarding Houses

Fire marshal wants a second exit on an eight room house with one kitchen

I'm under contract on a 1920s house that's been rented by the room for years without a license. Six bedrooms upstairs, two down, one kitchen, two full baths. Gross on the rent rol…

ehernandez74PO2BPRO7Answered10 replies

Happening NowBoarding Houses

Listed as a licensed rooming house. Does the license come with it?

There's a house I've been circling for three weeks and I want to be talked out of it or into it before I write anything. What I have: 6 bedrooms, two full bathrooms, one shared ki…

23Ttashaford30PB2APRO4Answered6 replies

Happening NowBuyer's Agent (Investor-Focused)

Rewrote the addendum four times and still can't draft a clean carve-out

I'm stuck on this and I've rewritten this addendum four times now. I want to sign an exclusive twelve month buyer agreement with one agent. She's earned it, she's fast, and exclus…

jessreyes12AU1APRO160 replies

DiscussionBuyer's Agent (Investor-Focused)

Splitting a buyer agent fee across an assignment, does that work

Working through a structure and I want to know if it's even legal ground before I take it to anyone. Buyer agent has a signed agreement with me at 2.5%. I put a property under con…

dpatel_reCS4AAnswered2 replies

PollRural Land Flipping

Terms buyer sends a payoff request in month 11. Do you want that or not?

Working out which strategy fits me and this one has stalled my thinking for a week. The pitch for rural land on terms is that you get a markup plus interest, so a one-time flip tu…

aaron_fitz10 Get yoursPRO153 replies

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