Say a property manager is asked to help an owner sell off two doors, and a marketing shop pitches them on running sell my house fast ads and passing along the calls. The shop's co…
I've held land a long time and I'm finally trying to sell three parcels rather than keep paying taxes on them. A marketing agency quoted me $1,500 setup and $900 a month to run Go…
Third Saturday out and my list is bloated. I photograph anything with peeling paint and a full mailbox, which means I came home with 41 addresses and maybe 9 of them are actually…
Take a driving for dollars list of about 4,200 addresses logged across six zip codes, built up over roughly nine months of routes, with every address going into the same five-touc…
Before the rule change, the offer of compensation to the buyer's broker sat in the MLS listing field and the split happened more or less automatically between the two brokerages a…
Two agents in the same market described the same rule to me in opposite terms this week. One called the written agreement before touring the best thing that happened to buyers, be…
I'm three weeks from my license exam and a guy I used to work with called me Sunday. He's got about $250k he wants to put into a small rental somewhere cheaper than where he lives…
Say a regional operator asks a consultant to scope a study on whether they should enter a secondary metro with a 200-unit build-to-rent pipeline. They want a recommendation rather…
After a round of coffee meetings, it's common to hear every agent describe themselves as investor-friendly before being asked, and just as common to then receive owner-occupant li…
I've been pricing two paths to roughly the same 40 site outcome and I don't trust that they're converging. Path one, buy. Small operating parks in the corridor I'm watching trade…
Take a cabin at $140k, three bedrooms, gravel road, about 20 minutes from a state park entrance in an unincorporated part of the county. A call to the planning office to ask about…
Furnishing budgets for a three bedroom short-term rental tend to split into two camps. The $8k version leans on warehouse stores and marketplace finds. Solid beds, decent mattress…
Wanted to get into valuation work. Found the qualifying education requirement for a trainee credential in my state, signed up for the package, paid $3,100 up front for the courses…
Getting licensed and I want the cost side honest before I quit anything. What I have so far: Pre-license course, about 500 Exam fee, about 100 License application, about 200 Backg…
The first draft the agent handed me was 12 months, the whole state, 3 percent. I read it twice, then read it a third time, and the part that bothered me wasn't the percent. It was…
Say an owner offers someone the chance to co-host two short-term rentals for a fee, and the question is what that person needs to hold before taking a dollar. The agreement calls…
Contract is sitting in front of me for Friday. Two units, same owner, both already operating with a year of history I can see in the exports. Unit A, 2BR condo walking distance to…
Story
So I sat in on a call I had no business being on. A guy I know does investor relations for a sponsor that buys hotels and he said come listen, you'll learn something. Twenty minut…
A fund pitch built around REIT caution on mezzanine debt is worth pressure testing. The argument usually runs that REIT qualification rules explicitly permit interests in mortgage…
Owner of a 96-unit walkup asked me to quote all their turns for a year. I've done renovations for six years, mostly single houses and small flips, so the work itself doesn't worry…