All 132 real estate strategies.Every room answered.
Start with a RE category
Next, pick a strategy
Then pick the type of post
it finished, here is how it went
I was looking for income that didn't turn into a second job, which is how I ended up wiring 25k to be the passive half of somebody else's luxury wholesale deal. The setup. An oper…
Posting the numbers because this room mostly has people asking whether the nightly model works and I have one full year of it now. What it is: two bed one bath cabin, about 1,100…
I came off the trades side and got my license last spring, mostly because I was tired of doing free scope estimates for guys who then bought the house through somebody else. First…
$30k into an apartment deal in 2022 because I wanted income without a second job. Sold my position back to the sponsor last year at 0.88x, which I understand was generous of them…
This was a rental I got talked into flipping instead, and the arithmetic looked airtight on paper. ARV 288 from three comps within a quarter mile, all closed inside 90 days. Repai…
Small town, population about 4,200, an hour from anything. 11,000 sf building, half storefront retail and half warehouse, three tenants. Rent roll said $86k gross, expenses about…
I bought a four bedroom on the edge of a state school town, $340k, 5 percent down on an owner-occupied conventional loan. Payment with taxes and insurance came to $2,650. The plan…
Posting this because I bought it partly on advice I got in rooms like this one and the failure wasn't in the math I did. It was in the question I never asked. 11,600 sf single-ten…
Bought in mid 2022. 264 units, 2015 vintage, Sun Belt metro that everyone including me thought was undersupplied. Basis $51.7M, $196k a unit. Floating bridge, 70% of cost, SOFR pl…
Three years in on a sub-to and it's worked, so here's what it actually took rather than the version where you inherit a rate and go to sleep. Acquisition: 1990s four bed in an inn…
I came from the building side so I thought my paperwork was fine. It wasn't. I was using a two page sub agreement I inherited from a GC I worked under, with no change order proced…
I've been trying to figure out which strategy I actually fit, and I spent four months circling a dated 2.4M ranch on a good street in a genuinely luxury pocket. Built 1988, never…
Six weeks in, so this is early, but the part I was scared of is done and I want to write it down while I remember the details. 1970s three bed two bath in a small city about 50 mi…
Sold a 1970s three bedroom in a soft suburban submarket in the spring. Agent's standard package was included, and I paid an extra $2,750 out of pocket for what got sold to me as t…
A guy I know through my brother builds one or two houses a year. Last time he had a lot and a construction loan but needed money to cover the gap between draws, and he offered me…
Two year mark on running a small team and this is the one I'd take back. Deal shape: 14 agent brokerage, $1,900 a month, six shoots included, additional shoots at $140. My assumpt…
Small position, 50k, but it's the first one I did where the paper worked the way I wanted, so I'm writing it down. Deal was a single family flip in a first ring suburb, purchase 1…
Long hold person by temperament and I got into LP deals because I wanted institutional-scale exposure without operating anything. Nine positions since 2018, checks between $50k an…
Closed this out in the fall and it cost me about $2.4m of principal plus roughly $180k of carry and legal, so I've had time to work out where it actually went wrong. The loan was…
A delinquent tax notice landed in my mailbox in March. The county still had me as the mailing address from when I owned the place, so a bill for a house I sold two years ago came…