every post in the forum, newest first
I've had a 4.1 acre parcel on the edge of a small downtown since 2019, bought for the land at $310k. There's a 1974 light industrial building on it, 38,000 square feet, single sto…
Trades background, mostly commercial mechanical, so I'm coming at this from the pipe end rather than the money end. An office floor has maybe two wet stacks serving a core restroo…
First one I got all the way to a settlement date and it died on the closer's desk. Numbers: contract with the seller at 112k, end buyer signed at 131k. Small 3/1 in a working clas…
I've been reading two small park listings side by side for a month now and the difference that keeps stopping me isn't the site count. One has a three bedroom house at the front,…
Here is a scenario worth working through. Someone has spent five months reading about notes and understands the mechanics of a performing first lien in the abstract, without under…
Low price point rural markets, mostly $50k to $90k houses, get almost no attention from the education business. Go through four programs' free content plus a paid course at $1,500…
Sponsors often justify this line item before the payoff has actually arrived, and it is worth working through the numbers. Take a sponsor with two deals closed, roughly nine milli…
Everything a self-directed IRA gives an owner on the income side, it takes back on the deduction side, and this trade-off doesn't get discussed enough when comparing an IRA-held r…
Got the plan set back from the designer for a 700 square foot cottage behind the main house and the electrical page has a note that says "owner to confirm metering approach prior…
My cousin found a 1950s ranch that needed everything. His hard money lender covered 80 percent of purchase and most of the rehab budget, and he was about 38 thousand short on the…
The letters stand for buy, rehab, rent, refinance, repeat, and the last R is the engine of the method. Pulling money back out at the refinance and redeploying it into the next pur…
Worth walking through a case where the mechanics of losing money matter more than the amount. Say a buyer, a mid-size operator working through an acquisitions analyst, sends a box…
A scenario that comes up for small service operators, worth working through with real numbers. Take a three person outfit doing turnover cleans and light handyman work for landlor…
An inherited house is going on the market and the listing agent has used three phrases in two conversations. She said the place needs staging, then said we could do soft staging t…
Consider a small syndication, 12 units in a secondary market, $2.1M purchase, where the physical condition section of the diligence folder holds a single 900 dollar residential-st…
Say a buyer's agent hands over three inspector names for a $310,000 house and the buyer picks the middle one at $475. Then someone tells the buyer never to use an agent's list, be…
For about three years I've been doing conversion work on small licensed homes, trades side, which means I've seen the inside of a lot of these deals without owning one. Now an ope…
This is the fourth house I've turned around and the first one where I'm hesitating, so I'd rather ask plainly than pretend I've got it figured out. Bought at 152,000. Put 53,000 i…
I've been holding land and I'm looking at putting some of it into an actual rented house, so I'm building the comparison from scratch and I don't trust my own conclusion yet. Deal…
Anyone coming from land and zoning finds the operating side of a storage facility to be new territory, and the vendor quotes make it harder. One vendor prices a management platfor…
One for every strategy in the guide. Each has its own discussion, live deals, outcomes and polls.
