every post in the forum, newest first
A scenario for the room. A housing authority does an annual on a three-unit. Units 1 and 2 pass. Unit 3 fails on bathroom ventilation, the fan runs but the inspector says it is no…
Here is a small operations case worth studying. Take an operator with 14 units across three small buildings. For an operator at that size the expensive problem is finding out some…
Small tract, pine, first commercial thinning is technically due. A thinning is where you cut maybe a third of the stems to give the rest room to grow, and the wood that comes out…
Looked at from the capital side rather than the driver's seat. If a driver covers say 60 to 80 addresses per hour in a dense grid and is paid 20 an hour plus mileage, that is roug…
A scenario worth thinking through for anyone driving neighborhoods for leads. Two houses on the same block, same owner name on record, mailing address out of state. One has plywoo…
Consider an appraiser who took on a trainee last August. Most states require supervised hours before a trainee can sign independently, and the hour count and co-signature rules va…
Take an owner who finished 900 square feet of basement, permitted, with an egress window and proper heat, in a house that shows 1,600 above grade. The appraisal comes back describ…
Take a residential appraisal firm in a mid-size metro that's for sale. Two certified residential appraisers, both owners, one trainee about 700 hours into supervised experience. A…
I mostly buy land and hold it, so this was me stepping outside what I know. A seller I'd talked to for two years finally wanted out of 14 acres, mixed timber and pasture, county r…
Take a beginner who has been driving neighborhoods and has about 400 addresses with owner names off the county site, no phone numbers yet, spending maybe 60 a month, mostly on pos…
The house is a 1970s three bedroom, everything works, carpet is shot, kitchen is oak with the orange finish everyone hates. Layout is fine. The boxes are solid and the doors are a…
I've held this facility eleven years and the manager who came with it is retiring in the spring. She works 22 hours a week and costs me a bit over 26k all in with payroll taxes. O…
Reading management agreements as part of building out a real estate service business surfaces an interesting question with farmland specifically. Take 130 acres of cash-rented cro…
Filing came off a court-sourced probate list last month. Personal representative has been appointed, letters issued, so there's authority to sell. Property is a 1,400 square foot…
Take a lead where the owner died about a year ago. Three adult children, all out of state, and the one who calls back says she is the executor. Asked for a copy of the letters, sh…
Every LP position I hold today is an operating asset with a rent roll I can read line by line. Ground-up is the part I keep circling and not committing to, and I'd like to hear wh…
42,000 sf medical office building, all in at roughly $16.8M, so about $400/sf including a $85/sf TI allowance for the anchor. Construction loan quoted at 62 percent LTC, SOFR plus…
Everything I read puts pref equity returns in roughly the 10 to 15 percent band. That's a wide band for a single asset class and I don't yet have a feel for what moves you across…
Take an agent testing whether self-produced content could replace a paid vendor before committing budget. Over two months, mostly evenings and weekends, the run came to 61 tracked…
Two listings make a useful comparison for anyone weighing a first productive-land purchase, because they sit at opposite ends of the same decision. The first: 70 acres of planted…
One for every strategy in the guide. Each has its own discussion, live deals, outcomes and polls.
