every post in the forum, newest first
Two funds I've been reading take opposite positions on the same page of their material and both call it risk management. The first has around 140 loans across eleven states and sa…
Here is a live question the room can work through, since the math is not obvious in either direction. An owner of four small rentals spends maybe ten hours a week on work that sho…
A pitch landed in front of me for a "full-time real estate VA" at $1,600 a month, 40 hours a week, cold calling and CRM cleanup. Then I went looking on a freelance job board and f…
A week of pricing real estate education will usually turn up something like this: $997 for a course, $12,000 for what is called a mentorship, and $25,000 a year for a mastermind.…
A guy with a real audience, maybe 30k email list, runs a $4,000 program on buying small service businesses adjacent to real estate. He wants me to build and deliver a four-week mo…
Consider a deal that comes up often in older neighborhoods. A 1920s house has been rented by the room for years without a license. Six bedrooms upstairs, two down, one kitchen, tw…
Take a house listed as a licensed rooming house with established rents: 6 bedrooms, two full bathrooms, one shared kitchen, one common room, asking 340k in a small city near a uni…
Here is a structure worth testing on legal ground before anyone takes it to a real agent. Say a buyer signs a representation agreement at 2.5 percent, puts a property under contra…
I'm stuck on this and I've rewritten this addendum four times now. I want to sign an exclusive twelve month buyer agreement with one agent. She's earned it, she's fast, and exclus…
This question stalls a lot of people weighing rural land on terms, and it deserves a straight look. The pitch is that you get a markup plus interest, so a one time flip turns into…
I finish my producer licensing in about six weeks and I have agency appointment paperwork from two underwriters sitting in front of me. They are not close on terms and I can't tel…
Take a $300k rate-and-term refi in a filed-rate state. The loan policy comes in around $1,000 to $1,400 depending on underwriter and endorsements. Attorney opinion letter quotes o…
Looking at a pool of seasoned performing seconds, and the pricing convention in it is bothering me. The tape prices them around 88 to 92 of unpaid balance, which for a note at 9.5…
Say a seller offers four seasoned performing first lien notes as an all-or-nothing pool, total UPB 312,000, blended ask of 86, or 268,320. Note A: UPB 96,400, coupon 8.5 percent,…
This is a scenario worth thinking through carefully before committing capital, since the assumptions carry more weight than they first appear to. Take a 302 unit, 1998 vintage pro…
I'm building a written allocation for the first time and I've hit a question I can't reason my way out of. If I count the REIT sleeve as real estate, then between the sleeve and t…
Some sponsors will add a prospective investor to their quarterly update list without any investment at all. Others will not, and some cannot, depending on how their offerings are…
Did a full gut on a three bedroom for a guy who was going into the program with it for the first time. Kitchen, bath, all the flooring, new panel because the old one was a mess. G…
Anyone who has learned to read small multifamily by the unit will try to read a 6-bed RAL the same way, and it will not sit still. Take a house at $520k in a decent suburb, licens…
First one, nothing signed yet, and I want the number for the day before the first resident moves in rather than the stabilized number everyone posts. What I have written down: Pur…
One for every strategy in the guide. Each has its own discussion, live deals, outcomes and polls.
