A scenario that shows up constantly and is worth walking through. A 3 bed in a decent suburb, advertised as rent to own. The ad says the house is valued at $340,000, $10,000 down,…
Here is a scenario worth working through. A tired owner of a fourplex offers to lease the whole building to a neighboring investor for a flat $4,400 a month for three years, with…
A scenario worth working through. A buyer has enough down payment for a 6-unit comfortably, or a 14-unit if they bring in one partner and keep almost nothing in reserve beyond the…
Put $12k into a non-traded pooled real estate vehicle on a platform two and a half years ago. Set it and forgot it, exactly as intended, while I saved for a rental down payment. T…
Take a purchase agreement on a nine park aggregation, about 1,100 pads, seller a family operator consolidating out. The utility reps are where a buyer should stop and read slowly.…
An operator running a roll-up wants my three parks. 214 lots total, all tenant-owned homes except 19, in-place NOI $712k. I'm in for $2.9M all in including the water plant rebuild…
Say an investor has roughly $180k sitting in a Roth with a self-directed custodian and starts pricing a small rental instead of just reading about the structure. The property unde…
A common moment on an intro call with a self directed custodian. The investor is moving part of a brokerage IRA over to buy a small rental, and the rep says that if the IRA owns t…
@tonyv88 a five-person group running on a shared buyer spreadsheet for a few months, with everyone able to pull from and add to roughly 140 names, tends to work fine right up unti…
Eleven rooms, three full baths and a half bath on the main floor. Code minimum here is one full bath per five residents, so I am compliant with room to spare, and my plumber has q…
Small midwest city, 1970s brick six unit, all occupied, seller was an estate winding down. I had it at 214,000 and resold to a local operator at 249,000. Took title and held it se…
I've been building my scope sheets off walkthrough video and photos, and I'm now arguing with myself about when the sheet becomes final. Two approaches I've watched people use. Lo…
A common structure in wholesale networks is the referral-only seat: hand over sellers, take a percentage cut, never touch the paperwork. It reads as close to hands-off income as t…
A common situation for a manager running roughly 1,400 units for third-party owners: several of those owners separately ask about investing in deals the manager buys directly. A c…
Picture an LPA for an opportunistic fund where two clauses sit next to each other in a way that deserves attention. The reinvestment section lets the GP recycle disposition procee…
A few flips in and I'm hitting the ceiling on what I can fund myself, so I'm looking at going passive on some of my capital. The platform pages say things like "no investor fees"…
A common starting point for someone who wants real estate exposure that does not turn into a second job: crowdfunding, and specifically one pooled fund. Say the fund has a 1k mini…
Here is a case worth studying for anyone on a second or third conversion. A 1978 split level, 1,640 square feet, bought at 268,000 with 5 percent down as an owner occupant, rate 6…
First rental closes next month, small two bed, and the rehab is about $22k. Two of the three bids handle materials completely differently and I don't know which way to go. Bid A i…
When an annual inspection conflicts with a landlord's schedule, the choice comes down to driving out to meet the inspector at the door versus leaving a key in a lockbox and readin…