Closed on a 2,000 sq ft foursquare at 186, ARV 435, budget 158. I've framed houses for years so I priced this one myself and I was confident about it. That confidence is most of t…
I own a 12 unit and an 8 unit, both older walkups in a working class part of town. Last year I decided the buildings should have a presence, so I hired a content person off a refe…
Closed out the last four lots of a small infill subdivision in March, so here are the real numbers. 3.2 acres inside city limits, already zoned for what I wanted, minor subdivisio…
This is the beginner version of a loss because I was a beginner. Someone I met through a real estate group was selling participations in a loan he'd made to an operator buying a 1…
240k house, cosmetic work plus a garage I wanted. My thinking was simple. I know construction, I can read a house better than most agents, so why pay 2.5% for someone to open a do…
Posting the boring failure because it cost me real money and nobody warned me about it. Moved 78k out of an old employer plan into a self-directed account in early last year. I wa…
The contract was on a 6,400 square foot estate on about two acres, deferred maintenance everywhere, roof at end of life, pool shell cracked, kitchen from the early 2000s. Owner wa…
Bought this one two years ago, 11 apartments over four commercial bays, total ground floor about 5,800 sf. Inherited leases from an owner who had held it since the nineties and ha…
Flip, 1,400 square feet, seller left about half the house furnished. I got three bids. $3,400, $3,100, and a two-man crew at $2,200 who could start Monday. I took the $2,200 becau…
Put $30k into an office deal through an online platform in my second year of doing anything at all. 110,000 sf, two buildings, 81 percent leased at acquisition, plan was to renew…
I've been an LP in other people's deals for years and this was the first one where I was the sponsor, meaning I found it, underwrote it, signed the loan and answered the phone whe…
Small 6 unit came up two blocks from a building I already own. Asking 720k, in-place NOI 41k, so 5.7 percent before I put a dollar into it. It needed roofs on both structures and…
I set the interest rate on a note I carried by feel and it cost me somewhere around 17,000 when I needed the money back. The deal. Small 2 bed 1 bath rental, about 780 square feet…
Been at this alongside my own deals for about a year and this is the first bird dog fee that was worth the time, so writing down what actually made it different. The lead came out…
Small numbers but they're mine so here they are. Collapsed carport on a 1,340 square foot ranch, roof of the carport sitting on what used to be a car. Grass to my knee. I logged i…
Six months of nothing and then this one went through in a single morning, so I'll write down what it actually cost while I still remember. Small three bed in an older subdivision,…
Small portfolio here, four doors, and this was my second attempt at a full BRRRR cycle. Buy, rehab, rent, refinance, repeat. I got three of the five right. Numbers: bought a tired…
I've spent my whole working life in the trades and had never touched the investing side, so I did the smallest version of this I could think of. Pulled 60 owners off the county si…
I run rehabs and I wanted a steady flow of seller appointments without me on the phone. Set up an appointment setting desk through an agency in November: two dialers at $11/hr ful…
I've been researching instead of buying for a while and I decided the one thing I could do without capital was ask hard questions. So I wrote a one page request and sent it to fiv…