Something in the current setup doesn't hold together for me and I want to argue it out with people who are actually running dispo. The share-of-spread arrangement made sense when…
A guy I met at a local meetup has three contracts he can't move. Small houses, 90k to 140k range, all needing work. He offered me 40 percent of whatever fee I bring in if I find t…
I'm working out the economics before I try to do this rather than after. Say another wholesaler brings me a contract with a $12k spread built in, they've done the acquisition and…
Nineteen weeks on a 4 unit building, all of it underwriting, none of it closing. Walked away two weeks ago. Writing it down because the thing that killed it was not on my checklis…
Take a $150k LP check into a recapitalization of a 52-unit assisted living community in a secondary market, sponsor with two comparable properties, real operating history, decent…
The pitch for vouchers is that the government portion arrives regardless of what happens to the tenant's job, and that downside protection is worth accepting a rent cap. The first…
The language in nearly every offering memorandum right now is the same: supply wave is over, vacancy has peaked, absorption catches up, rents accelerate into 2027. It is a clean s…
Here is a scenario worth working through. A landowner has held a parcel for eleven years. It is zoned for multifamily by right, sewer is at the property line, and there have been…
Say a twelve acre parcel with a tired 1960s ranch on it is under notice of default, first mortgage payoff 214k. As-is the whole thing is maybe 235k in that market, so on as-is num…
I do renovation work and I'm trying to understand the pre-foreclosure side properly before I chase any of it. The part I can't get past: the whole pitch is that the owner is about…
The dead zone worry that keeps coming up is that investors sit on their hands through 2026 because the enhanced benefits attach to the new zones starting January 2027. Advocates h…
For owners moving units to furnished 30 day minimums, the question of where mid-term tenants actually come from tends to get two very different answers from experienced operators.…
Say an investor with a construction background, not a marketing one, decides to send mail to absentee owners in two counties and hires a VA through an agency at $8.50 an hour to b…
Take a subordination agreement a senior sends over on a gap piece, where two clauses are doing a lot of work. One: the senior may deliver a payment blockage notice on any default…
Say a contractor with a solid track record on a couple of prior flips asks a private lender for $25,000 to finish a project, offering 10% over four months. The numbers he shares a…
A question that comes up often. Someone owns a small rental through an LLC they control and wants to sell it to their own IRA at an appraised price so the future rent grows tax de…
Getting my license this year and a family friend asked me to help him buy a duplex inside his self-directed Roth. He's serious, has about $340k in the account, and wants to close…
Read a sample note and deed of trust package from a title company all the way through and there are blanks for the late charge, the grace period, the default rate, and the balloon…
For someone learning how mortgage REIT income behaves before committing meaningful capital, the reinvest or cash decision on dividends is a real one, not a formality. The case for…
Story
Here is a scene worth describing, because it says a lot about how good land agents actually work. A long-term holder owns a handful of raw parcels. One borders a subdivision that…