The absorption math on twelve lots is the part I keep redoing
Tract is 60 acres at about $4,200 an acre, so $252k. Zoning supports 5 acre lots, twelve of them after the road takes its bite. Sold comps for 5 acre pieces within four miles are…
All 132 real estate strategies.Every room answered.
Start with a RE category
Next, pick a strategy
Then pick the type of post
someone asked, the room worked it out
Tract is 60 acres at about $4,200 an acre, so $252k. Zoning supports 5 acre lots, twelve of them after the road takes its bite. Sold comps for 5 acre pieces within four miles are…
Two-bed unit in a small portfolio, payment standard for the bedroom size is $1,450, market for the same floor plan across the street is around $1,500. I submitted at $1,400 and th…
Two of the resolution paths people list are DPO and short sale and I've read both descriptions three times without the distinction landing. In both cases the borrower ends up payi…
Working through the numbers on a coordination practice that's at capacity. Say 34 open files at any time, 13 closings a month, flat $400 per file, so about $5,200 a month gross fr…
I've been going to open houses with an agent I found online, and one of the places she took me to is a listing that's hers. Her own sign in the yard. She said if I want to write o…
I read everything twice and I've read the supply argument about four times now. New deliveries in apartments, industrial, self-storage and senior housing are forecast to drop shar…
140 acres, a 345kV line crosses the northeast corner, and the parcel sits about 8 miles off an I-20 interchange. A developer's land team came in with an option: $250 per acre per…
Looking at putting money into a small agent-marketing outfit and the revenue mix is bothering me. Roughly $40k a month recurring. Two brokerage teams are about 60% of that on annu…
Corner building from the 1930s, five apartments over two storefronts. One storefront is a taqueria with a fryer and a hood, the other is a dry cleaner drop-off. My whole backgroun…
I have been building spreadsheets for months instead of buying anything, and part of it is that I cannot pin down the running cost of doing this properly. What I think I understan…
Renovation is my day job and I'm working out the acquisition side. Two different wholesalers here have offered the same arrangement: I find the seller and lock up the contract, th…
Working through the paperwork side of a heavy rehab before I ever fund one. Say 160k of rehab released over six draws, a GC with four regular subs plus a lumber and a cabinet supp…
Structure I'm running on a two-bedroom: guest pays a $135 cleaning fee, my cleaner invoices me $95, I keep the $40 as coordination on top of 18% of accommodation revenue. All of t…
Looking at a two story office building in a mid-size downtown, 8.2 percent cap on the listing, about 19,000 square feet with four tenants. When I asked who pays for what, the brok…
I've been reading hotel listings because a broker sent me a 42-room limited service property near a highway interchange. The flyer leads with "RevPAR $58" and then in smaller prin…
I run turnovers for a handful of owners and one of them keeps forwarding me screenshots of her numbers because she thinks I know what they mean. Her cabin shows an average daily r…
My usual seat is on the capital side, so this is an income stream to me rather than something I'd manage. What's tripping me up is the rent split. What I understood: government pa…
One of my commercial cleaning accounts is a regional apartment sponsor, and their acquisitions guy handed me a fund deck last time I was on site. It's a $180m vehicle buying garde…
Numbers on a build I've been scoping, and I want someone to tell me what's wrong with them. Lot is mine, primary residence, no mortgage constraint issue. Detached 640 sq ft one be…
I own a couple of parcels I picked up years ago because the zoning looked like it would move eventually, and it did. One is now in a district that allows about 40 units by right.…