someone asked, the room worked it out
The statutory language on the primary residence exclusion says two of the last five years, which reads as cumulative rather than continuous. Most plain-language explanations descr…
Four financed properties including the current primary. Gross income about $11,000 a month, ratio sitting around 44 percent by the way my lender counts it, which means the next ow…
I'm coming into this from a completely different career and I've hit a wall on the licensing side. Everything I read about non-performing notes talks about workouts and foreclosur…
I'm sitting for my licensing and trying to build a real startup number instead of a guess. So far I have the state title insurance producer license exam and fee, an underwriter ap…
Two common pricing structures for a real estate PPC agency are worth laying side by side before assuming either is cheaper. One shop charges $2,000 a month flat with ad spend bill…
Modeling the operating line for two short term rental units before any bookings come in means pricing out the software and services layer honestly: a dynamic pricing tool, a prope…
Quote in front of me on a $480k cash-out refi of a rental held in an LLC. Broker fee 2 points, plus a $1,495 processing fee, and the lender's term sheet separately shows 1.5 origi…
36 acres, county ordinance exempts a division of four or fewer lots from the major subdivision requirements, meaning no engineered road to county standard, no stormwater plan, no…
Got a deal sheet from a wholesaler that says "sub2, assumable, 3.25%" on it. When I asked whether the loan was actually assumable he said sub2 and assumable are the same thing, yo…
A pitch deck describing this as asset light, start for under $1,000, is worth treating skeptically. The place to look first is where the cash gap sits, and a business that pays wo…
I've been pricing this out badly. Someone told me you can't get a mortgage on bare farmland the way you can on a rental, and that lenders want 40 or 50 percent down. Then I found…
Take a bird dog pulling roughly 30 addresses a month off probate filings and code violation notices, driving them, photographing them, noting occupancy, and finding a phone number…
Under LOI review on a two tenant clinic building, about 12,000 sf, asking $3.6m. My lender contact listed reports she'd need and I only recognized half of them. Phase I, PCA, ALTA…
A common source of confusion in small portfolio operations is an owner asking for a CRM to be set up when what already exists is a phone dialer with a contact list and a separate…
Development sponsors are a genuinely underserved client type for a lot of ancillary service businesses, mostly because their needs are lumpy and specialized rather than recurring…
Coming from renovation work where I can point at a wall I built, this model confuses me. I've been reading about wholesalers who only do dispo, and as far as I can tell they don't…
A property manager considering annual condition walks across a large portfolio, say 140 doors at roughly 180 a visit with photos and a punch list, runs into a structural conflict…
General liability typically covers property damage at the house and slip and fall type claims, and commercial auto covers the truck, but neither of those usually extends to invent…
A common arrangement in reverse wholesaling is a repeat buyer, taking a steady volume of deals a month, wanting a wholesaler sourcing exclusively for them in a defined territory i…
Setting a minimum stay of 30 days has a real basis as an exemption, but it is not universal. Many cities do define short term rentals by length of stay, often anything under 28 or…
One for every strategy in the guide. Each has its own discussion, live deals, outcomes and polls.
