it finished, here is how it went
This is a useful case to study because nothing dramatic happens in it, and that is the whole point. A side-by-side duplex, two bed one bath each, built 1988, vinyl siding, separat…
Consider a plan to buy seller financed first position notes direct from the people holding them, rather than through brokers where everything is already picked over. The direct ap…
This is a loss worth studying because everything about it goes according to plan. Bid down state, online sale, the work gets done. The bidder pulls 11 improved parcels with owner…
I ran a probate campaign from February to July and closed zero deals out of it. Not one. I want to write down where the money went while it's still fresh, because everything I rea…
Take an investor who puts capital into a 220 unit apartment deal, drawn to it because apartments felt like the least exciting thing available and the goal was unexciting. The ques…
Take a 2,000 sq ft foursquare bought at 186, ARV modeled at 435, budget at 158. A buyer with framing experience might price a project like this with real confidence, and that conf…
Consider an owner of a 12 unit and an 8 unit, both older walkups in a working class part of town, who decides the buildings should have a social media presence and hires a content…
Closed out the last four lots of a small infill subdivision in March, so here are the real numbers. 3.2 acres inside city limits, already zoned for what I wanted, minor subdivisio…
This is a case worth studying because it is the beginner mistake in its purest form. Take an investor buying a participation in a loan someone else made to an operator purchasing…
Consider a $240,000 house needing cosmetic work plus a garage, where the buyer decides to go unrepresented, reasoning that a construction background reads a house better than most…
Consider a contract on a 6,400 square foot estate on about two acres, deferred maintenance throughout, roof at end of life, pool shell cracked, kitchen from the early 2000s. Owner…
A pattern worth studying rather than dismissing as bad luck. Take an investor who rolls 78k out of an old employer plan into a self-directed account, then spends over a year build…
Consider a mixed-use property, 11 apartments over four commercial bays, roughly 5,800 square feet of ground floor, purchased with leases inherited from a prior owner who had held…
Flip, 1,400 square feet, seller left about half the house furnished. I got three bids. $3,400, $3,100, and a two-man crew at $2,200 who could start Monday. I took the $2,200 becau…
Put $30k into an office deal through an online platform in my second year of doing anything at all. 110,000 sf, two buildings, 81 percent leased at acquisition, plan was to renew…
Take a case worth studying: a sponsor closes a 24-unit older brick walk-up in a second-ring suburb of a midwest metro, at 1.92 million, about 80k a door. Loan of 1.44 million on a…
Take a small 6 unit that comes up two blocks from a building an investor already owns. Asking 720,000, in-place NOI 41,000, so 5.7 percent before any capital goes in. It needs roo…
Consider a seller carrying financing on a small 2 bed 1 bath rental, about 780 square feet, sold for 96,000 with 8,000 down and 88,000 financed at 5.5 percent, 30 year amortizatio…
A pattern worth studying in bird dogging: sourcing leads from probate filings at the county courthouse, in person where the docket is not published online in usable form, which va…
Small numbers, but worth studying as a complete case. Take a collapsed carport on a 1,340 square foot ranch, the carport roof resting on what used to be a car, grass knee high. Lo…
One for every strategy in the guide. Each has its own discussion, live deals, outcomes and polls.
