I have two offers I could write this week and they are so different I am not sure I am comparing them correctly. One is 56 sites on a travel corridor, ten minutes from an intersta…
I run the service side and have never owned anything. An extended family group (four households, roughly 900k they've been sitting on since a land sale) asked me to find something…
First mail campaign on land goes out next month and I'd rather someone break the math now than in April. List is county records, absentee owners with a mailing address outside the…
Selling a small rental I've had for nine years, 172k, cash offer, no inspection contingency after day 10. All fine. Then the contract came back with "and/or assigns" after the buy…
I'm on my list-building stage, so I'm reading offerings rather than signing them. Two came in the same week and they're almost perfect opposites. I'd like people to tear into how…
Set aside $18,000 for a first year in certificates. Won 9 at the May sale, total outlay $12,060, average $1,340, rates between 8% and 12% in a premium-bid county where I paid no p…
Taking apart a T-12 is the easy part for me, but I have never had an actual agent relationship and it shows. I called four agents in a market I want to buy small multifamily in. T…
A guy I met at a meetup forwards me deals. He sent one yesterday: 6 units, older brick building in a small midwest town, asking 385k. He says the seller is motivated because he's…
I build comp lists for my own buying, mostly spreadsheets and a lot of assessor tabs, and one of the listing agents I pester for data asked if I'd build her listing presentations…
Package came across from a retiring owner. Twelve houses, all within about nine miles of each other, built between 1958 and 1979, sizes from 1,050 to 1,480 sq ft. Asking 2,640,000…
Running the numbers on whether to bring in a coordinator or build the process myself, and the file mix is what makes it awkward. Last twelve months: 9 closings. 5 assignments, 2 d…
Two units in a beach market with a permit cap, same owner, both already registered. He's had a co-host who quit in September and he's trying to close the gap before spring. What I…
I've been doing trim and cabinet work for a guy who flips maybe six houses a year. Last week he said if I find him anything off market he'll pay me for it, and he mentioned wantin…
My real estate is land. Roughly 60 acres held long, some of it leased for hay at a number that barely covers taxes, and a smaller parcel I expect to be worth something when the gr…
I've had 40 acres of mostly wooded ground for a long time, no improvements, a gravel access easement, and county zoning that allows one house per 10 acres. Asking 62k. The only se…
I've got eleven doors and a line of credit I'm not using, and a guy I've watched work for three years wants a capital partner. He's competent. Cheap crews, honest about mistakes,…
I manage two small apartment buildings for an owner who also holds a 190-space paved lot about four blocks off the core, near a hospital campus and a courthouse. He's been self-ma…
Listing is a 3,900 square foot custom on 1.4 acres, edge of a good school district, listed at $1,149,000 in early spring. Comps supported 1.05 to 1.12 depending on how you treat t…
I built this for myself. Three counties, small multifamily and 1-4 unit owners, 38,000 records refreshed monthly. Filters that actually matter: tax delinquent two cycles or more,…
I've spent two years looking at land and holding patterns, so buying an actual building with actual tenants is new territory for me. The deal: 6,200 sf single story medical buildi…