one click, then see the split
Agent sent me his buyer agreement to sign before he'll show me anything. Six month term, exclusive, covers all residential purchases in two counties. I asked whether he'd do a ver…
Take 27 acres platted into six lots, with a preliminary plat conditioned on access. The county will accept either a shared private drive built to its gravel standard with a turnar…
A common situation: someone gets paid a flat fee by an owner to find and lock up a property that owner wants to buy. That's wholesaling, sort of, except the buyer is known before…
The Redfin work showing buyer-agent commissions at the luxury level ticking slightly lower after the settlement, while fees on cheaper homes held or went up, is the part that is h…
An agent's income shows up when a deal closes, which can mean three closings in a month or none for two months. That timing mismatch makes a fixed monthly marketing bill look stra…
Screening properties from a distance means noticing which listings come with aerial footage and how much weight it deserves. The case for treating it as real information: a rural…
Two weeks in and I've got a conversation going with a buyer who does maybe fifteen houses a year. He said something I can't work out. For my first three leads, no finder's fee, bu…
Capital call provisions are where two competing philosophies in JV structuring show up most clearly. One approach dilutes the non-funding partner hard. Typical language credits th…
I've got two live offers on a 40 acre parcel I've held about nine years, no debt on it, listed at 265k. Buyer A puts 20% down, 8.25%, amortized on 25 with a 7 year balloon, and hi…
A prepayment clause that simply allows the borrower to prepay in whole or in part at any time without penalty hands the duration of the asset to the borrower. If they refinance in…
Take a dispo operation with sixty names on a buyer list, of which maybe seven have actually closed something in the last year, and a contract landing tomorrow. There are two ways…
I have roughly $620k earmarked for a land allocation and two live options that behave nothing alike. Option one is direct. Around 70 tillable acres in a single county, priced near…
Take two small mixed-use buildings, apartments above, one vacant ground floor bay of somewhere between 1,200 and 1,800 square feet, both empty since spring, and two owners who lan…
A question that comes up on every house hack of a triplex. The plan is standard: the owner lives in one unit and rents the other two, because that is the version that gets residen…
A 40 page student housing offering can give enrollment exactly one chart. Total headcount at the university, ten years, going up and to the right, with no source note attached. Ev…
Take a 64 bed value add at a regional public school in a rural county. Enrollment roughly flat over five years, first year headcount actually up last fall, and the school pulling…
Terms of sale language that limits a certificate holder's sole remedy, if a sale is later set aside or a certificate voided for a defect in the county's own process, to a refund o…
Looking at two deals in the same mid-size downtown and they've forced a question I can't resolve cleanly. Deal A: 180-space surface lot, two blocks from a hospital campus. Trailin…
An early fork for anyone starting a live-in-then-rent strategy is whether to buy the house that suits the owner-occupant or the house that suits the future tenant. Owner-occupant…
A sourcing agreement worth studying closely is one where the sourcer presents properties to the client first, and if the client has not responded within 24 hours, the property can…
One for every strategy in the guide. Each has its own discussion, live deals, outcomes and polls.
