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A woman from my book club refinances houses for a living, and when I asked how the appraisal part actually works she told me to come watch one instead of reading about it. So I sa…
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I've been at this maybe four months and mostly I go to open houses to hear people talk. There was a lender guy at the table with a bowl of candy and a stack of business cards nobo…
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I hold a passive interest in a small portfolio of scattered single family rentals, mostly three bedroom, mostly voucher tenants, run by an operator I've worked with for years. I g…
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Had 41 acres under contract at the edge of a small city, priced as future residential lots. Rough ground, one road frontage, a big transmission line cutting the back corner that I…
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Garage conversion, 380 square feet, I thought it'd be the easy one. Slab was already there, walls were already there, roof was already there. My plumber cut two test holes to find…
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A friend runs the food side at a u-pick orchard about an hour out and she was short people for the first big October weekend, so I said yes because I'm trying to figure out where…
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He's nineteen, he does my yard and two of my neighbors', and in April he asked me over the fence how much a cleaning company charges to turn an apartment. I said it depends on the…
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I'm in one small fund, a modest position, mostly because I wanted to see how the other side works after years of owning land where nothing ever needs reporting to anyone. First Ma…
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I have four units across three buildings and my books have been one bucket since the beginning. Rent in, expenses out, a number at the end of the year that I hand to my tax person…
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There's a house across the ravine from me that I've had a clear view of for two years, which is an unfair amount of information about somebody else's deal. It sold in the fall to…
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I'm changing careers and had exactly nothing to offer anybody, so when a small fund manager at a meetup mentioned he needed help moving his investor records off spreadsheets and i…
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Notes and paper have had me confused for weeks, and someone at a local meetup told me to go talk to the guy in the corner because he'd been doing assignments since 2014 and would…
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The whole reason I own two rentals instead of doing anything else with the money is that I don't want a second job. So when the spreadsheet started taking me a Sunday a month I we…
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I've been following one listing in the neighborhood I want to buy in, mostly to learn how the marketing changes as a house sits. It went live in March with fourteen photos that we…
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The sponsor I do part time admin work for paused distributions on a 190 unit value add in the second week of the quarter. I'd been hired to keep the investor CRM tidy and to forma…
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A friend from my old job called about a data center deal. Sponsor he knows through somebody, minimum was more money than I've ever put in one thing, seven year lockup with a possi…
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My neighbor got a postcard and didn't want to go alone, so I went. Free workshop, Saturday morning, an airport hotel ballroom off the second parking lot. Maybe ninety people, most…
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I was buying the land. Eleven acres, decent road frontage, the kind of parcel I sit on and don't touch for a decade. There was a house on the corner of it, a small one, and in my…
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I was looking at putting money behind a small operator who wanted to drop three prefab units on three lots he already controlled in a first-ring suburb. Part of my diligence was s…
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My uncle has four houses he bought between 2008 and 2014, all in one small city, all rented long term. He's not sloppy about money. He's just been doing it the same way since the…