On high end assignments, how a fee gets named tends to change how hard people fight about it, and two structures show up regularly in this space. The plain assignment: the contrac…
This keeps coming up and the room is going to split. Situation I'm in. One acquisition-focused wholesaler does 6 to 9 contracts a month and wants me on an exclusive: I move only h…
I've been sitting in on a friend's acquisitions calls while I wait on my first rental, and something came up I can't resolve. I invest passively and I'm nowhere near hiring a call…
I'm new and I've now seen the same brokerage's dual agency consent form handed over two different ways. First house, the agent gave it to me before she'd show me anything and said…
For an investor new to qualified opportunity funds, whose capital had previously gone into a different kind of asset entirely, a modeling question comes up quickly that seems basi…
Been reading about non-traded REITs after a conversation on a job site and I don't understand the core sell. The pitch is that shares don't swing with daily market sentiment, so y…
Say a two bedroom short term rental in a small lake market comes back with a hot tub quote of $9,400 for the unit, pad, and electrical run, before a cover lifter or the fence the…
Building a list of pre-foreclosure and probate-adjacent single family files in one county and deciding when to bring in an attorney tends to split into two defensible approaches,…
Owners and managers have this argument constantly and nobody agrees, so it is worth laying out properly. Percent of collected rent is the default. Eight to twelve percent dependin…
Sat through two intro calls this week for the same price band, roughly $4k for six months of group coaching plus office hours. The first guy owns a real portfolio, small multifami…
Looking across draw schedules and construction budgets on the lending side surfaces a consistent pattern: the marketing line item on flip and small development budgets ranges anyw…
Picture the owner of a four unit on its third water heater in two years, who has just spent a Saturday on the phone about it. That night the arithmetic on a small single tenant re…
Consider a 65k bridge piece behind a 480k senior on a 7 unit, where three units are offline, the plan is to finish them, season the rents about four months, and refinance around m…
Two adjacent corner parcels, about 0.6 acres total, in a small city that just rewrote its downtown-adjacent district. Ground floor commercial permitted and encouraged, three resid…
Went through four REIT annual reports this month and came out with a sequencing problem I can't settle. One order says sector first. The chapter for this room is blunt about it, s…
I do fast flips, thin margins, and I've been writing my own listing copy forever because paying for it never penciled. An agent I've closed two deals with asked if I'd write copy…
Take a rural medical office building priced at a 9.1 cap on in-place income, which for that kind of market is not unusual on its own. The part that deserves the most attention is…
I've got money set aside and no deals, and I'm reading the luxury assignment numbers with real suspicion. The pitch is that the spread scales with the price, so a single distresse…
Two ways to control an obsolete building while you find out whether it converts, and I've priced both this year on similar boxes. One: buy it. You get a price that reflects the fa…
Run the same 20 acre parcel two ways and the two columns come out close enough that reasonable people land in different places, so here are the numbers. Cost in is $8,400. Ask $22…