it finished, here is how it went
Take a small three bedroom flip in a working class suburb, all in at 218k purchase plus rehab. Hard money senior funded 175k, the borrower brought about 21k of his own equity, and…
A pattern worth studying with buyer's agent agreements is using a short renewable term instead of one long agreement, since a single long agreement gives little reason to revisit…
Most discussion of opening a brokerage assumes an office and a roster. A useful counter-case has neither. Starting point: an agent selling rural land, mostly 10 to 160 acre parcel…
Take a 96 lot manufactured housing community, 91 occupied, tenant owned homes on all but four, bought at $3.4M in a secondary market. City water on a master meter, city sewer, pri…
Writing this out because everyone told me owner financing was the easy way to sell and I believed them. Background for anyone new like I was. Seller financing means I sold the hou…
Passive position, $150k into a small fund building detached ADUs in a permissive metro and selling them to homeowners as a turnkey product financed by the homeowner. Two year proj…
A small former bank branch conversion is a useful case for showing what walking away in due diligence actually costs, even when walking is the right call. Take a single story form…
Take a pre-foreclosure lead passed to a new buyer. Single family, 1,800 square feet, owner about eleven months behind, with two long conversations already had with her, in which s…
Consider a cleaner billing turnovers at $38 an hour for a property manager running around 90 doors, splitting the work with three other cleaners and picking up maybe three units a…
Heavy rehab, 1920s four square split into three units, all-in budget $1.1 million with $780,000 of it eventually drawn. Bridge loan through a broker at 65 percent of total cost, r…
Take an agent running a $800 a month email retainer for six months, one email a week to a list of 2,340 names built from four years of listing inquiries plus a local investor meet…
Worth studying as a case: a nine-facility rural self-storage aggregation vehicle, populations 8,000 to 30,000, average purchase price around $1.4M per facility. Total raise $6.2M…
Anyone managing other people's rentals hears the same sentence constantly: some version of "I'm done, I don't want to do this anymore." That sentence is a lead source most manager…
A common pattern with new investors is spending on the system before there is anything flowing through it. Take an investor who pays 2,150 for a consultant to build an investor CR…
Take a 200,000 dollar commitment made in 2022 to a storage fund pitched as 70 percent stabilized acquisitions and 30 percent ground-up development. The stabilized side performs ab…
The mechanics of an appraisal gap closed with bridge financing are worth walking through with real numbers, because they explain the kind of thing a lot of new investors ask about…
Say an investor puts 25k into a small lien fund and it returns 26.9k after fees fourteen months later. That is about 6.5% annualized, less than quoted certificate rates and worth…
Take a small 1.1 acre infill lot in a first ring suburb where zoning already allows 12 units by right, purchased at 310k with a 21 day due diligence window because competing offer…
14,000 sf flex building, four tenants, seller's rent roll showed $118k NOI. He wanted $1.35M, call it an 8.7 going in. I got it at $1.31M with a 20 day inspection and $5k that wen…
Consider a ground-up, 41-unit project in a designated tract, funded through a single-asset qualified opportunity fund with multiple investors. The plan relies on the working capit…
One for every strategy in the guide. Each has its own discussion, live deals, outcomes and polls.
