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Discussionsomeone asked, the room worked it out Happening Nowlive deals, numbers on the table Wins & lossesit finished, here is how it went Pollsone click, then see the split Storiesthe tenant, the seller, the sideways closing All

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DiscussionResidential Property Management

Revenue per door $131, payroll per door $79. Where does the rest come from?

Pulled the numbers apart properly for the first time. 340 doors, average rent $1,455, we charge 9 percent on collected rent, so base management revenue per door per month is about…

monica_tran3SF4CPRO11Answered5

Happening NowResidential Property Management

Three proposals on 11 doors, and the cheapest headline is the most expensive

I hold mostly land and the long game, and two small rental buildings came attached to a parcel purchase I made a few years back. That's 11 doors now, average rent $1,200, gross sc…

nicole_adeyemiPassivePRO14Answered11

PollFix and Flip (Cosmetic)

Whether the paint spec should be the same in a 180k house and a 340k house

I've been comparing two finished cosmetic flips in the same metro, different price bands, and the material specs were nearly identical. Same builder white on the walls, same LVP,…

luis_carrera Get yours1

Story

The night auditor told me more about the deal than the broker did

This started because my flight got moved and I ended up at a full service hotel near a convention center at one in the morning with nothing to do. I'd been reading about hotel fun…

devon_pierce Get yoursPRO1428

WinAgricultural Land / Farmland

First lien against 320 acres of cropland paid off at month 26, here is what almost sank it

I lend rather than own, and this was the first farm loan I did on my own paper instead of through a fund. It closed and it paid off, so numbers. Borrower was an operator with 640…

sonia_alvarez Get yoursPRO6Answered6

DiscussionAgricultural Land / Farmland

Does a solar option next door make my ground worth more or less?

A developer sent a neighbor of a parcel I'm watching an option agreement for a solar lease, something like $35 an acre a year for the option period and then a lot more if they bui…

35Rryanmck27SC2CAnswered1

Happening NowListing Content / Social Media

Three land sellers asked to buy my parcel marketing workflow. Pricing it is where I'm stuck

I sell rural parcels, mostly 5 to 40 acres in two counties, and over the last year I built my own content workflow because nobody local would shoot land properly. What it is now:…

nicole_adeyemiPassivePRO14Answered29

DiscussionListing Content / Social Media

The photo license in this media agreement dies with the listing agreement

Reading a listing media agreement before a client signs it. The grant clause licenses the images to the listing brokerage "for the term of the listing agreement, for marketing of…

carlos_nunezActiveAnswered2

DiscussionGeneral Contracting / Rehab Crews

Is a "rehab crew" the same thing as a general contractor?

An investor reached out about coordinating work on two of his rentals. In one sentence he asked if I could "put a rehab crew together" and in the next he asked whether I was a lic…

derekj19SB1B3

Happening NowGeneral Contracting / Rehab Crews

First time bidding a whole house instead of just my own scope

I've been running pipe for eleven years and I have never priced anything except my own work. An investor I've done rough-ins for asked me to bid the whole rehab on a 1,380 sq ft r…

mitchell_ray4 Get yoursPRO120

PollDual Agent

Giving a listing brokerage both sides to get called first, is that a strategy or a tax?

I run thin. Two to four rehabs going, and my whole advantage is being the offer that closes without drama. Over the last two years I've done four deals where the listing agent wro…

joe_delgado5AP4CPRO417

PollSenior Housing (Independent Living)

One property serves dinner, the other doesn't. Are the meals worth it?

I got handed two sets of documents to read as practice, both age-restricted rental communities of roughly the same size. The first one is pure active adult. Nobody comes into the…

24Ddmitri_v6CapitalPRO75

Happening NowInvestor Relations (For Syndicators)

First deal, eight investors. What does a quarterly update actually say?

We closed a 14-unit value-add last month. $1.9m purchase, $640k of LP money from eight people, renovation running unit by unit as they turn. My partner handles the money side, I c…

gregpowell66AG4BPRO129

DiscussionInvestor Relations (For Syndicators)

Outsourced IR at $6k a month vs a $95k hire, 240 LP positions across nine deals

Nine deals, 240 LP positions, 170 unique households after I dedupe the joint accounts and the two people who invested through both an IRA and a trust. Two quotes on the table. An…

19Hhannah_west29 Get yours0

PollHard Money / Private Lending

Self-service your notes or pay a licensed servicer from loan one

I have been calling servicers for a few weeks trying to understand what the service layer around private lending actually is, since that side of the business is where I keep landi…

21NnataliehsuSO1BPRO1014

PollSelf-Directed IRA (Capital Deployment)

Flat annual custodian fee or a percent of assets, when the first thing I fund is one 40k note

I'm setting up a self-directed IRA to move about 60k of old retirement money into real estate paper, and the two custodian fee models I've been quoted are shaped completely differ…

mikeoconnell7SP2APRO1716

LossSeller Financing (As Seller)

Wrote a 24 month balloon assuming rates would fall, and I own the houses again

Two rentals sold as a package, both small, both tired but functional. 465k. Buyer put 10% down, 46,500. I carried 418,500 interest only at 7.25%, 2,528 a month, balloon at month 2…

24Bbrandonlee36Passive5

PollHotels / Short-Term Lodging (Passive Hold)

Buy into a hotel hold now, or wait until the travel numbers point one way

I move slowly on everything, and I've been circling this sector for about a year without doing anything. What's stopping me is the timing question, and I'd like to see how the roo…

ehernandez74PO2BPRO70

PollListing Content / Social Media

Same package quoted at $1,600 and $340, and the sample drafts read the same

I asked four people to quote the same job: listing copy, twelve social posts, one short walkthrough edit, for a single family rental I'm putting up for lease in the spring. I aske…

28Kkevin_lombardPG1BPRO1729

Happening NowEducation / Coaching

A retainer offer with 30% of the fee tied to student completion I don't control

An operator with about 400 people in his paid community wants me to build and run the onboarding curriculum for new members. Terms as sent: $2,500 a month for 12 months, six modul…

derekj19SB1BAnswered3

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