live deals, numbers on the table
A useful way to check understanding of debt-financed income inside a self-directed IRA before bringing it to a CPA is to lay out the mechanics in plain language first. What genera…
A representative term sheet from a transactional funder: funded amount 214,000, flat fee 4,200, advance wired the morning of closing, repaid from the resale at 249,000 the same af…
I'm reading through service businesses in real estate and this one confuses me more than the others. The agency doesn't own anything and doesn't do the work. They find a person, t…
I pulled my first list this week and I'm sitting on it instead of using it, which I suspect is the actual problem. One county, single family, 3 bed or more. Filters I stacked: own…
I pulled 40 filings from my county's probate court records last week, the ones where real property showed up in the inventory, and I've got names and mailing addresses for the per…
A small real estate law firm near me needs someone to prep closing files. Two attorneys, one paralegal, they do somewhere around 40 closings a month, mostly residential purchases…
I have a lot under contract, 62k, and a builder who says he'll do a 1,900 square foot single story for cost plus 12. He wrote the number on the back of a business card, which I un…
Take a park under contract at $1.42M, 55 lots, 51 occupied, lot rent at $355 against a supportable market rent of $465. Public water and sewer run to the street, with everything i…
First purchase, small 3 bedroom, and I have three numbers in front of me that don't agree. The county assessor site says 218,400. Zillow says 291,000. The accepted offer is 279,00…
A scenario worth working through. Freestanding discount retail box, 9,100 sf, small rural town of about 3,400 people, on the state highway across from the school. Built 2011 for t…
Transaction coordination on ordinary resales is a fairly settled lane. Double closes for wholesalers are a different animal, and it is worth working through where the exposure act…
I've got a two page JV agreement from a wholesaler who's been doing this eleven years in my market. Deal is a duplex, both sides vacant, seller inherited it and lives four states…
Three weeks into setting up a self-directed Roth and I hadn't gotten as far as who's allowed to live in the thing. Told my daughter about the plan at dinner and she asked, half jo…
Say someone builds a sheet to answer whether staging is worth it on a house about to be listed, and pulls 11 listings in one submarket over 14 months, same general price band, 240…
Take an eight unit brick building, all one and two bedrooms, owned free and clear, gross scheduled rent around 96k and NOI last year of 58k after real management and real capex. L…
Sitting on a JV pitch from a two person outfit that works notice-of-default lists in three counties. They want me to fund the acquisition capital and, separately, a quarter of out…
Been building this model for a month and I want to write down where it landed before I talk myself out of it. Direct path. Two existing facilities in the same secondary market, 62…
Picture a direct mail operation running for two investor clients on a flat retainer, $2,800 a month each plus mail cost pass-through. The actual work is a saved county pull, a ski…
Take a two-driver operation, part time, paid by the hour, running residential grids in a mid-size metro, covering roughly 11 to 13 miles an hour on mapped routes with a lot of sto…
Consider a land investor with years of buying and holding in one county, strong knowledge of local zoning, and two agents who have separately asked to list under them in exchange…
One for every strategy in the guide. Each has its own discussion, live deals, outcomes and polls.
