ARV, LTV, seasoning: here's what I think they mean, correct me
I've been listening to people talk about BRRRR for a while and I've been pretending to follow. Writing down what I think each word means so someone can correct me. ARV, after repa…
All 132 real estate strategies.Every room answered.
Start with a RE category
Next, pick a strategy
Then pick the type of post
someone asked, the room worked it out
I've been listening to people talk about BRRRR for a while and I've been pretending to follow. Writing down what I think each word means so someone can correct me. ARV, after repa…
Everything written about this model says renting four rooms beats renting the house. Fine. But the premium has to have a ceiling, because at some point the per-room rent times the…
Working through something on the debt side. Say I sell a seasoned performing note portfolio at a gain and I want that gain to go into a QOF rather than pay tax on it now. Two thin…
Trying to figure out what the first deal costs me and now I'm trying to figure out what joining a network costs too. I've seen a free Discord, a group charging 97 a month, and one…
55,000 rentable square feet, 480 units, asking $4.9M. Trailing twelve NOI is $348k, so 7.1% on the ask, and the broker is running his pro forma to a 8.4% year-three yield entirely…
I've been learning how private money moves and I want to understand the operator side before I ever fund anyone. If someone told me they were doing their first cosmetic flip, what…
I've got about $90,000 sitting in an old 401k from my construction years and I moved it into a self-directed IRA to look at LP positions. The custodian says they'll sign the subsc…
I've bought two rentals from wholesalers so I've seen this from the other side, but I'm now looking at whether I could do an assignment myself on a house I can't finance. Where I'…
62 sites, full hookup, near a national forest entrance. June through mid September we're effectively full at $58 a night. April, May and October run about 22% occupancy, and the f…
The whole pitch for the funder side rests on the end buyer's money being committed before the advance goes out. Committed isn't in the account. If that wire doesn't land, I own a…
Eleven listings under management at 18% of net rental revenue. Portfolio does about $1.1M in bookings, so the fee line is roughly $198k. One owner holds four of those units, about…
I've been running the same exercise on suburban office the way I'd run it on raw land, and it keeps failing in a way land never does. The building I keep coming back to is a 1987…
Two buildings under review, both off-campus, and the rent looks nearly identical so the whole spread has to come from credit. Building A: 9,200 sf single tenant, orthopedic group,…
I'm working toward the service side of this business and reading about REO in the meantime, and two things keep tripping me up. First, do I need a real estate license to buy a for…
I run thin and fast, mostly my own listings and a few buyers, and the money I make is the money I close. So the broker owner idea only makes sense to me if I keep producing while…
I'm putting the marketing and documentation budget together on a six-story build, 14 months of construction. Pilot quoted $650 per visit for a monthly progress flight plus a $1,20…
62 acres at $8,000 an acre, so about $496k, sitting roughly a mile and a half outside the current utility district boundary. The district's water and sewer master plan shows a fut…
I've been looking at rural land rather than houses, and I've found two parcels where the owners are out of state and have stopped paying the taxes. I don't want to own them. I'd r…
An agent sent me a package for a 60 unit property in a Sun Belt market labeled "value-add, 1988 vintage, classic interiors." I asked what value-add meant and got back a sentence a…
I underwrite, so I want to put a number on this rather than argue about ethics. Say a 1.2m listing, seller pays 5% total, 60k. Brokerage represents both sides, so 60k to one firm.…