every post in the forum, newest first
A fair question that investors ask often. If the buyer already knows the market and has a rehab number from a contractor and a rent figure for the unit, what is the 2.5 percent bu…
Take an acquisition program built around single family rentals in one midwest metro, target purchase price $160k to $200k, aiming for eight to twelve closings over a year, funded…
I stopped taking per-job staging quotes in the spring. Four flips since then on one flat arrangement with one stager, so I'll put the numbers down. Before: three houses in the 240…
Roughly a third of probate leads arrive with no interior access at the offer stage. The heir has one key, lives out of state, and wants a number over the phone before spending a w…
Take a case where a tenant stays nine years in the same three bedroom rental, rent moving modestly across the whole stretch, and the landlord fields only a handful of calls in tha…
Reading two inspection agreements side by side for a property with a fair amount of connected equipment. Thermostats, four cameras, a leak sensor setup tied to a valve, a video do…
Halfway through getting licensed and the boarding house owners I've met keep pushing me in two directions. One path is third party management. Fee is typically higher than convent…
Purchase agreements on performing notes sometimes come back with two clauses worth rereading closely. One, the endorsement is in blank on an allonge, not endorsed specifically to…
First purchase, probably a small rental rather than a house to live in. I've got calls booked with three agents and I realized I have no idea what separates a good one from a bad…
It helps to separate what happened from what people predicted would happen. The case that nothing changed: NAR paid $418 million and rewrote the rules effective August 17, 2024, a…
Under contract review on a freestanding 8,200 sf retail box in a midwest town of about 22,000, auto parts type user, national chain on the sign and the corporate entity on the lea…
Consider a 2,400 sf drive thru restaurant box with 12 years remaining and 10 percent bumps every five years, at an asking price that puts it around a 6.4 percent cap. The offering…
A version of this lands on people constantly once they have been around a few years and own something, so it is worth working as a scenario. Someone has built a small portfolio ov…
Picture a sponsor with 18 LPs across two deals running the whole thing on a spreadsheet plus mail merge for distribution notices. It works until it doesn't. The failure mode is se…
A useful pattern for a contractor with a construction background: what they have to offer an agent isn't capital, it's the ability to stand in a basement and estimate repair costs…
I said yes on the call like I knew, then googled it after. I think it just means what kind of property I want? But every example I find online is a spreadsheet with a dozen rows a…
I've had six months of research and no deals, so to stay busy I've been going to open houses well above what I could ever buy, because I wanted to see what a finished luxury flip…
This was my first attempt at anything creative and I want to write down where it fell apart while I still remember the order. Seller was an older man, loan at 3.25%, balance about…
FHA loan, $265k balance at 3.25%, payment $1,870 with taxes and insurance. Seller is relocating and her loan officer is counting that full payment against her debt-to-income, so s…
Closed last week on a carry I've been building for two months and I already have a problem I didn't write into the note. The deal: 3/2, 1,450 square feet, full gut, sold at 312k.…
One for every strategy in the guide. Each has its own discussion, live deals, outcomes and polls.
