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Here is a situation that comes up more than it should. A transaction coordinator who also handles dispo gets a packet with a stated ARV of $187,000 on a property in a zip where th…
Here is a case worth studying. Take an investor who enters one platform position in 2019 and sits on it for five years while everyone around them stacks new deals every quarter. T…
Had 14 monthly parkers on a 40-space surface lot near a county courthouse in central Ohio. Eleven of them had been on the same rate since I took over the lot in late 2022, $85 a m…
A live question worth working through. Vendor arrangements inside mobile home communities look structurally different from apartment portfolios, and the terms vary far more than t…
I had modeled 1.5% going in, which would have been $43,500, but my attorney flagged a clause we negotiated at LOI that I had completely forgotten about, tied to the final purchase…
Heard this from another landlord at a meeting in Decatur last Tuesday, and I have not been able to let it go. She said her contact at the authority told her point blank that the t…
So I'm on the passive side and still in the prep phase, not selling anything yet, but I bought a small condo in Cleveland last year thinking I might list it this spring. Hired an…
Take a seller carrying about $180k on a $210k sale where the parcel might actually comp closer to $240k. The question is whether that gap between sale price and appraised value ch…
My underwriting on a 44-key select service in Asheville assumes ADR around $148 through 2030, but the operator I'm talking to keeps pitching $165 and says they can get there by ye…
Trying to work out how to think about this as someone still in the saving phase. I have about 34k set aside toward a down payment on a small multifamily, probably a duplex or trip…
Closing in about six weeks on a duplex in Akron, 1940s build, previous tenant left two years ago. The listing photos show furniture, bags, a full garage. I have not walked it yet.…
Here is a comparison worth working through. The suburban candidate is a 2001 vintage in Laval, two tenants, 74 percent occupied, asking $1.16M. The medical office is 100 percent l…
I have four units, two in Akron and two in Canton, and right now everything lives in a Google Sheet I built myself in about three hours in January. Separate tabs for each unit, le…
Does that mean the buy box was right and my sourcing was slow, or was he shopping two lists at once?
I've been running skip trace pulls off county delinquent tax rolls for two counties in the mid-Atlantic, maybe 400 records a month, and the overlap with what the paid list vendors…
Here is a scenario worth working through. A buyer pulls the 2022 aerial on a park and counts the pads by hand. Fourteen homes on the rent roll cannot be found in the image, and th…
I'm on the service side, so I come into deals from a different angle than most people here. I work with operators and watch transactions move from the inside, which means I see wh…
Got the update last week. Sponsor reappraised at $28.4M, bought in at a valuation implying closer to $47M two years ago. Tucson and Scottsdale vintage I've looked at since are pri…
I have two properties, one in Scottsdale and one in Gatlinburg, and I keep going back and forth on whether to pay for drone shoots when I relist them this spring. The Scottsdale p…
Accountant flagged it immediately, said California doesn't conform to bonus depreciation the way federal does, so the loss I was counting on for federal purposes just... Doesn't e…
One for every strategy in the guide. Each has its own discussion, live deals, outcomes and polls.
