every post in the forum, newest first
I've been reading in this room and in the capital section, and the phrase that keeps coming up is that seller financing is taking off because rates are high. Makes sense on paper.…
Take a small 6,000 sf urgent care building, asking $2.4m. The broker's flyer says NNN lease, which a first time buyer reads as the tenant paying everything while the owner collect…
For anyone new to limited partner positions: an LP gives a sponsor money, the sponsor buys and runs the building, the LP gets a share of cash flow and no control. Take a 38,000 sq…
I've got two small rentals and I still buy most of my materials with a card in my truck. Got two quotes for monthly bookkeeping last week and they draw the line in completely diff…
There is a version of the senior housing story that sounds like it just works. Aging population, supply growth at a two-decade low, occupancy heading toward records. It is about a…
I'm three chapters into the pre-license material and the dual agency section reads like it was written by two people arguing. One page says the agent owes undivided loyalty to the…
The commission math on dual agency deserves a closer look. The pitch sellers repeat is that if the listing agent finds the buyer, everyone saves, because there is one agent instea…
A useful habit shows up sometimes in conversations with landlords about what they actually want help with on unit turns and small repairs. Most say floors and paint. One story wor…
I'm not buying my first rental through this, I'm reading their paperwork because a friend asked me to and now I can't stop. The service pitches out-of-area buyers. Terms: $2,500 o…
I do HVAC work and one of my regular customers owns maybe fifteen rentals. He said he'd pay me $7,000 a house if I brought him ones he ended up buying, since I'm in basements all…
Here is a case worth knowing before it happens to someone else, because the mistake is arithmetic, not tax law. Say a property sale closes in early March with proceeds of roughly…
Take a position where a sponsor suspends the preferred return in year two of a five year plan. Occupancy is fine, the problem is floating rate debt with a cap expiring soon and ca…
A clause worth reading twice in an RAL lease is one that requires the tenant operating company to maintain all licenses and approvals required for the permitted use, paired severa…
I'm reading the paperwork on a licensed 6-bed home before I get too far in. The residents sign a "residency agreement," 30 days termination either side, and there's a separate rat…
I've been at research for six months with nothing closed, and I finally sat down with two agents in the same week. First one owns nine rentals himself, has had a license for eleve…
Consider a seller offering two adjoining buildings on separate tax parcels. The 9-unit is a 1974 walkup, six 2-bedrooms at 950 and three 1-bedrooms at 775, totaling 8,025 a month.…
A situation worth watching on any block right now. A seller with a 1960s split level is told by her listing agent that she does not have to offer anything to the buyer's side, so…
A builder starting to look at the sell side, wanting to understand who the houses get handed to, gets a sample listing agreement from an agent. It says "exclusive right to sell" a…
I've got two rehabs finishing inside three weeks and I'm renegotiating my listing agreement with the brokerage I've used for the last five. They want 2.5 on the listing side plus…
A situation that comes up often at small brokerages. A seller has a property listed with a four agent firm. A buyer walks in off a sign call and one of the other agents wants to w…
One for every strategy in the guide. Each has its own discussion, live deals, outcomes and polls.
