live deals, numbers on the table
Trying to learn the structure on a deal I passed on last month, a 62-unit in Rockford that stalled at about 40 percent of its $3.2M equity target before the sponsor pulled it. The…
I have a Bradford, Pennsylvania duplex under contract at 52k, ARV around 85k, and I locked it up myself off a Facebook Marketplace post from a landlord who'd been trying to sell i…
A lease with four years left on a suburban building looks stable until you ask what that tenant pays relative to current market. If they are 15 percent below market, renewal proba…
Three weeks into the workout and now we're sitting on a phase one that flagged perc contamination two lots over, maybe migrating, nobody knows. The prior owner of the note did not…
A shorter term, say two or three years, keeps optionality alive but the operator prices that in through a lower guaranteed rent, because they need to amortize their setup costs ov…
I have a property in Canton I bought in 2019 for $147,000, one unit occupied, one vacant, and I have been noodling on whether to sell or keep it. Three people have told me to get…
A showing creates a different record than a cold contact, and a CRM that flattens both into "no response" is losing information that actually changes how the follow-up should run.…
Three bed, 1970s ranch in Downers Grove, school district is genuinely the selling point here, and the photographer gave me five exterior shots before we even get inside, all of th…
I get that from guys who flip two houses a year and feel like an LP check is giving up control, which I understand because I felt that way too. But then I watched my own Conroe bu…
The parcel was 47 acres in a county where timber rights run with the land unless severed by a recorded instrument, and no severance was recorded, so the lease was binding on any b…
Not 3, not 8, not even the 15 I was bracing for after the last deal. Twenty-two. And this is a property that was doing $58 average daily rate, so there was almost no margin left a…
Been staring at this since I signed the purchase agreement. On the duplex I budgeted about $180 a month into reserves, which is roughly 4 percent of what the two units should brin…
Take a rental running $340 a month underwater: mortgage payment of $1,480, rents at $1,140, tenant on a month-to-month lease, landlord absorbing the gap out of pocket for eight mo…
My note mentor dropped that on me Tuesday and I am still turning it over. We were looking at a 14-acre raw parcel in Bastrop County, seller wants $62,000, no improvements, sitting…
A case worth sitting with: a tenant-buyer hands over $4,000 at signing as option consideration on a $280,000 house with a 24-month term. The seller treats that $4,000 as income th…
I am trying to figure this out because I have a 47 acre parcel I am looking at about two hours from me and the seller is saying part of the value is standing timber, maybe 18 to 2…
So the funder's instructions say all funds have to be wired back to them before the B-to-C disbursement happens, but my purchase contract with the end buyer says disbursement is s…
A bank selling occupied REO typically writes the addendum so that clearing the occupant is the buyer's problem from the moment the deed records. The clause looks like a disclosure…
Six acres minimum filter, two hour radius from Columbus, owner-finance preferred, those were my targeting parameters. Ran Facebook to it for about nine weeks, spent just under 2,2…
Guy I haul pipe for on weekends told me Tuesday that his ex wife's boyfriend has been accessing his old unit for three months after he cleared it out and changed the account. Faci…
One for every strategy in the guide. Each has its own discussion, live deals, outcomes and polls.
