This is a small one but it's my first contract so I'm writing it up. I'd been driving a couple of older streets after work with a notes app, writing down anything with a full mail…
First one, done, tenant in, refinanced, and it cost me about 22k more than my spreadsheet said it would. All of it came from time. The house was a 1950s three bed in a working cla…
Wired $50k in February 2021 into a 96-unit 1998 build in a mid-size southeast market. Property sold in August 2024 and the final distribution cleared last month, so I can finally…
Bought a 1950s ranch for $265k with an FHA loan, 3.5 percent down. It had a walkout basement with its own door to the side yard, which is why I bought it instead of the cleaner ho…
The county parcel viewer in the two rural counties I'm working lists 41 properties with a land use code for manufactured home community. I figured that was my whole universe. It w…
This one closed in Q3 and I've been sitting on the numbers for a month before writing it up. Structure: $85k into a 214-unit garden multifamily deal in a mid-size southeast market…
Finished a full gut on a 1,340 square foot three bedroom, all in at about $228,000 including purchase, listed at $265,000. My agent's preferred marketing shop quoted $1,100 for th…
This was my first BRRRR and I bought it partly because I like reading loan documents, which turns out to be a different skill from reading them for the right thing. Small three be…
I wanted income without becoming a landlord and I wanted to start small enough that a mistake wouldn't matter. So I put 2k each into three pooled offerings on two platforms, rough…
I've been researching for months and hadn't bought anything, so when an advisor walked me through a public non-traded REIT I was ready to move. Minimum was 2,500, I put in 20,000.…
Twenty-six files. Eight closings. Two fee splits that actually landed in my account. The setup was supposed to be simple. I do a lot of talking to small investors in my area, and…
This one got away from me because I trusted a comp set that was doing work I didn't understand. 62 acres, edge of a growth corridor, two road frontages, in a county that had been…
Beginner framing because I got this one wrong in my head for weeks before I understood it. I kept treating sub-to as a way to buy cheap. It's a way to buy a payment. The house I c…
Took over a 1958 ranch at $214k balance, 3.5%, 24 years left, PITI $1,498. Seller wanted $8k and out. House was rough, not unlivable. My plan was standard for me: put $45k in, ren…
$75,000 into a three-property self-storage portfolio in a secondary southeast market. Plan was to buy older facilities running at low occupancy, add climate-controlled units, push…
First rental, 1970s three bed on a slab. I paid $525 for the general inspection and another $175 for the sewer scope, and I asked the inspector if I could follow him for the three…
Writing this up because I was the person who thought reading the pitch deck twice counted as diligence. End of 2021 I put $50k into an LP interest in a 312 unit value-add in a Sun…
I've put money into three passive office deals. The first one I said no to for a reason I can explain in a paragraph, and the two I said yes to have both paid so far, so I want to…
An owner in my area has 11 single family houses, all on rent-to-own with tenant-buyers, terms between 18 and 36 months. His credits were tracked in a spiral notebook and a spreads…
Wanted to write this while it's still fresh because I did almost everything in the order the books say and it still didn't work. I optioned a 1.1 acre parcel in a first-ring subur…