Here is a sandwich lease option worth working through as a scenario, because the risk that gets missed is the one sitting between the two leases. Say the head lease was signed six…
Signed up on two platforms last week. One took me straight in, 10 dollar minimum on a pooled fund. The other put a form in front of me asking me to certify income over 200k or a n…
Take a small two bed cottage, dated but sound, 900 square feet, with a cosmetic budget of $26,000. It is common for an early phase of a project like this to run $4,200 in costs th…
Take a management company that runs stabilized buildings and gets asked to take on a lease-up. Say 180 units across three buildings with phased certificates of occupancy over abou…
Here is a live scenario worth working through. An investor is under contract on a 6.2 acre infill parcel at $340,000 in a growth path suburb. The seller wants a 30 day close and w…
Consider a paved surface lot with 34 marked spaces half a block from a regional hospital's employee entrance, priced at $565,000 by a retiring owner who has held it since the nine…
Reading the ordinance before running any numbers is the right order, and a useful case is a 4 bed 1.5 bath house, free and clear, about eleven blocks from a state university with…
A purchase agreement with an assignment problem worth working through as a scenario. Setup: estate is the seller, PR signed, contract has a standard assignment clause allowing the…
Consider a solo real estate photographer, five years in, who mostly shoots photo plus a short vertical video and turns down eleven jobs in a busy month for lack of a second body.…
Buyer list build, seven months of data, and I'm at the point where the next dollar has to go somewhere specific. Spend: $1,150 a month all in. That's $650 to a part-time editor at…
Cosmetic flip, 1,650 square feet, three bed two bath in a decent school zone. All in at $268k, listed at $339k. My agent's photographer wanted $310 for a standard photo set. She t…
Take a small management shop with a client who sold a 6-unit on a wraparound mortgage and asked the manager to also handle the payment side, alongside continuing to manage the pro…
Consider a small rural landlord with six single family rentals, purchase prices between $58k and $92k, rents $700 to $875, running the business solo. Two yard signs on county road…
First one went okay, mostly by luck. This one is a slightly bigger lot in the same county and when I filed for the permit they came back asking for a stormwater management plan an…
Take a short duration debt note book, 85k deployed across three platforms, average stated rate 9.4 percent, average term at origination 9 months. On paper that book should throw o…
I'm supposed to be closing on my first rental next month, a boring 3/1 I'm buying with a normal mortgage, and I got on a few wholesaler lists during the search because everyone sa…
An owner I've known for a while wants to sell me 40 percent of her agency and step back over three years. She gave me two years of numbers and I've been staring at them for a week…
Take a self storage facility that opened a couple of years ago, currently in the 60 percent occupancy range and targeting stabilization in the high 80s. A bridge request against t…
My plan was a duplex. Then my agent sent me a 7-unit at 585k and I've been staring at it for a week. The rent roll the listing agent typed up shows 5,320 a month. Three units have…
Still finishing my licensing coursework, so I can't represent anyone yet, but a friend has asked me to look at a house he wants to flip and tell him what it'll sell for after. He'…