I inherited a duplex in Ohio in February and I still have two tenants I have never met. I also have a cabin in Sevier County that grossed 41k last year and somehow still lost mone…
This comes up more than closers admit. A double close depends on sequential recording, A to B before B to C, and in a simultaneous session that sequence is a coordination job, not…
A broker I met at a meetup in Fresno said it to me, half joking, while we were talking about a guy who charges $3,500 to review multifamily acquisitions in Phoenix. I laughed at t…
Got a 12-acre parcel in Baldwin County I'm trying to split and sell as separate lots. Once I get my license I want to handle this myself, but one of the lots might fall into a dif…
The GC had quoted $18,400 for tear-off, decking repair, and a full architectural shingle install on a 2,200 square foot ranch. The sub he actually used billed $14,200, finished on…
The question comes up because some counties post recorded instruments online within hours, and a 15k spread that looked private at the table is searchable by the end buyer's agent…
I had a vendor clear a house in High Point last month and they snapped a cast iron radiator getting it out, said it was already cracked. I know what I saw before they started. Won…
Sent the same three-page summary I always send, revenue by unit, vacancy days, what I spent on what. He has been in the triplex since 2021 and never once complained. This time not…
I work escrow so I see the paperwork after the fight is already over, and I had a file cross my desk last quarter where exactly this happened. Landlord signed a lease with a tenan…
I have been turning that over for three days now. I do townhomes on the active side so I think in draws and payoffs and wire confirmations, money that shows up and then leaves on…
Someone told me this week that they filter deals by cap rate first, then figure out financing after. I have been thinking about that order ever since, because on a small multifami…
I'm looking at a four-story building in a small Oklahoma city, about 40 minutes from Tulsa, and the second floor is leased to a co-working operator on a three-year term with 14 mo…
I have been circling a $6,500 program for about three weeks. The instructor has a clean track record, buys mostly multifamily in the Southeast, no bad deals on record anywhere I c…
A deal worth studying: a 48 unit project in a mid-size secondary market, construction complete, CO issued, and the GC had signed a lease-up guarantee promising 93 percent occupanc…
Take a two-suite MOB: suite A is an orthopedic surgeon, suite B is the physical therapy practice whose patient volume runs almost entirely on surgical referrals from suite A. On p…
A lead that came in at day one and got called at day three is already cold in most markets. The pattern worth studying is a seller who submitted a form on a Sunday night, got an a…
Under contract at 138k on a 3/2 in Warner Robins, Georgia. The seller responded to my fourth mailer, which I did not expect because I had written that address off after the second…
A deal worth studying: a 72-unit value-add acquisition, $4.2M equity raise, 8 percent cumulative pref, 75/25 split above that, projected 18 percent IRR on a five-year hold. The nu…
The standard by-the-bed structure on a purpose-built deal gives each tenant a separate lease and, ideally, a separate parental guarantee. The problem that rarely gets stress-teste…
Pre-foreclosure buyers tend to lean on the same comp set a listing agent would use: closed sales within a half mile, adjusted for condition, run backward from an ARV. That math is…