someone asked, the room worked it out
A pattern worth watching for in coaching programs: a flat fee option, say $4,000 for six months, alongside an alternative where the coach takes an equity stake, say 20 percent, in…
Reading the management agreement on a smaller externally managed REIT, the incentive structure is often pointed the wrong way for a buyer expecting convergence to NAV. A typical s…
A common service business idea is coaching investors on how to raise capital for their own deals rather than raising it on their behalf, covering investor decks, syndication struc…
The choice between assignment and double close comes down to what each actually costs in real dollars. An assignment typically costs very little, mostly an assignment fee disclose…
I've got a handful of doors and the cleaning side is the part that keeps breaking. Every cleaner I use is a solo operator, they cancel, and a Saturday cancellation in a market wit…
A common source of confusion at closing is seeing both a lender's title policy, often around $600, and an owner's policy, often around $1,100, on one closing disclosure for one ho…
At a dozen tax lien certificates in one county, an investor can hold the whole portfolio in their head. Scaling to something like 80 certificates across three counties in two stat…
Sponsor is a third party, no relationship to me, a value-add multifamily deal. Minimum check is $100k. I've got about $180k in a self-directed traditional IRA and roughly $120k of…
Long holds and land are my normal territory, so this is me reading into something adjacent rather than operating in it. A dispo arrangement was described to me where the operator…
I've been holding land for a while and buying it the slow way, one parcel at a time off listings. The direct mail approach to absentee owners keeps coming up and I want to price t…
Owner occupant loan programs, including conventional loans with as little as 3 to 5 percent down and FHA loans down to 3.5 percent, exist because the borrower is going to live in…
Trades background here, I've been on job sites for years and I'm looking at the paper side of it now. A guy at a supply house told me reverse wholesaling is the way in because you…
A common line at meetups is that raw land can be put under contract at around 30 cents on the dollar. The obvious question is 30 cents of what. A county assessor's number is not a…
I'm still working out where I fit in this industry and I keep circling back to the brokerage side rather than the agent side. What I can't find is a plain number for startup. I've…
Still new, so bear with me. A hard money lender's site said they fund 90 percent of purchase and 100 percent of rehab on flips, which made me think you could get into a $2M house…
I've been an LP in other people's deals for years, so this is me poking at the active side for the first time and finding out how little I know. My county posts a trustee sale lis…
He buys small multifamily and said if I bring him an address he ends up closing, he pays $500 per door. He wouldn't put it in writing, said that's just how it works and everyone i…
A flipper takes title and insures the property while they own it. A landlord insures an asset they hold long term. A wholesaler typically never takes title, so there is no insurab…
Renovation is my side of the business, so the tax structure part of this is where I get lost. What I read somewhere was that in an opportunity zone you have to spend more than you…
1,380 sf rehab, fixed price contract at $92,400, three draws at 30/40/30 with 10 percent retainage held to punch list. We're through demo and rough framing repairs. The GC's lumbe…
One for every strategy in the guide. Each has its own discussion, live deals, outcomes and polls.
