Buy the licensed house at a premium, or license a cheap one yourself
Two houses in the same submarket right now. One is a 10 room licensed rooming house asking about 90k more than comparable single family stock, license current, inspection file cle…
one click, then see the split
Two houses in the same submarket right now. One is a 10 room licensed rooming house asking about 90k more than comparable single family stock, license current, inspection file cle…
31,000 sf rear-load box, 28 foot clear, infill submarket about 20 minutes from the port road. I bought it two years ago with 14 months of term left and I've been carrying it half…
For adaptive reuse, the choice between a fund and a single asset comes down to two different kinds of risk, and a small check may not belong in either. A fund raising a large amou…
Take a seller who carried 148,000 dollars on a duplex sale, with payments landing by transfer into a personal account and tracked in a spreadsheet by interest, principal, and date…
Say two funders quote the same double close. One at a flat 1,750, one at 1.25 percent of the A leg with a 1,500 floor. On a 96k purchase that is close enough to the same money tha…
Working through a decision that seems to split people every time it comes up, and I want to see where this room actually lands. Setup, roughly. Rehab is done, tenant is in, and yo…
Sat with an owner at 27 days to the sale, motivated, no hostility, and I had a one page purchase agreement in the folder with a ten day diligence out. I didn't pull it out. Went h…
I have been sitting in on a wholesaler's dispo calls for about six weeks and he does it two different ways depending on who he is talking to. With his regular buyers he tells them…
Two identical lots, same 1,900 square foot plan, budget of 268,000 vertical on each. Carry runs me about 2,900 a month once the loan is drawn up, so five months from framing to cl…
Had a deal last month, small three bed in a working class pocket, contract at 92, comps supporting somewhere in the 150s with real work. I put it out at a fixed 104 and it was gon…
The strike price is where most lease option contracts diverge, and it is worth working through the argument on both sides before drafting one. One version fixes a number today, sa…
Scouting is the part of this business a new bird dog can start on before any capital is in place, and the real decision to make early is how many buyers to build toward. The one-i…
Cost out what it takes to fund a small lead operation properly and one question refuses to resolve from the outside. The data version: a list subscription, a skip trace vendor at…
Two competing models for content spend are worth laying out side by side rather than picking one. Model one treats content as a variable cost per transaction. A listing costs a se…
Opportunity funds have been my reading material for a few weeks and I've hit a fork I can't resolve, so I want to see how the room splits. Setup for anyone else new: opportunity z…
Consider two proposals on a 24 unit wood frame build, same drawings: a stipulated sum and a cost plus with a guaranteed maximum price. The stipulated sum runs about 6 percent high…
Site will carry either a 40 unit walkup at three stories or 120 units at five with structured parking. Same land, same zoning envelope, different world. Hard cost per unit on the…
A 7,800 square foot lake-adjacent house is a useful case for this problem. Within four miles and two years there might be only three arguably comparable closings, one a family tra…
I'm still saving toward a first rental, but a friend on the LP side forwarded me two offerings in the same Sun Belt MSA, submarkets about four miles apart, and I've read both twic…
I've got two parcels I'll probably sell in the next couple of years, both held free and clear, and I've been reading sample notes to figure out what I'd actually want in one. The…
One for every strategy in the guide. Each has its own discussion, live deals, outcomes and polls.