I manage a bit under 90 doors, mostly small stuff, and about a third of my owners are first-time landlords. Same five questions every time. How do I screen, what do I do when rent…
I've got a service business, and on the side I sell a paid coaching track. Twelve-month program, $6,000 up front or $650 a month, with a 14-day full refund window written into the…
I've built the model four times and I keep getting a different answer because I don't know what the honest placeholders are. 40 lots. Raw land $1.1M. Engineer's opinion of probabl…
Mid-project decision I have to make in about three weeks. 112 acres, rezoned last year, preliminary plat approved for 296 lots at an average of 62 foot fronts. The site drains two…
Four properties, all done the same way, all bought distressed and rehabbed and rented. The first two refinanced in the low-rate stretch and behaved exactly the way the strategy is…
Every entitlement and land banking play I've wanted to look at on a platform has been behind an accreditation wall. The open offerings on those same portals are pooled vehicles ho…
Planning my first purchase and I'm looking at small-town properties in the $85,000 to $110,000 range. If I buy at $95,000, put $25,000 in and it's worth $150,000 after, my gain is…
Finished and closed a 24-month live-in flip in a mid-size midwest metro, and then I did the accounting I'd been avoiding. Headline version: bought 195k, spent 61k over two years (…
Under contract on 22.4 acres at $410k, 90 day due diligence, $15k goes hard at day 30. Front 6 acres are zoned for two-unit residential, the back 16 are agricultural with a split…
Mostly reading about notes so this is adjacent to my lane, but I'm looking at buying one small rental to understand the asset side, and I've hit something confusing. Everything I…
I run small multifamily and I know exactly what a rehab budget does when the walls open up. Now I have a gain from selling a building and I'm looking at funds instead of doing it…
I wanted the pipeline before I wanted the yield, so I sized this to be survivable rather than meaningful. $92k, 38 certificates, two counties in one state, one servicer. Average c…
Bought a brick fourplex in a designated tract in March. Purchase was 265k. My accountant allocated 78k to land and 187k to the building, which means the improvement number I have…
Reading a single-asset offering in a designated tract. Sponsor's model holds for eleven years and exits at a 5.75% cap. The two arms length trades I can find in that tract cleared…
This was supposed to be the smart version of turnover marketing. Two buildings, 20 units total, three repeating floor plans. Rather than paying for a shoot every time a unit goes…
I did this in the wrong order and it cost me about $5,300 over four months, so writing it down while it still stings a little. What I spent: $1,188 prepaid for a year of a propert…
Small three bed in a working class pocket, bought at 132k, put 38k in, planned rent 1,650. The refinance math worked on paper and I got most of the cash back, so on the spreadshee…
This is the first time I have funded the buy side of a luxury deal instead of just reading somebody else's package, so the numbers are the interesting part. Property was a 5,900 s…
I came at this from tools, not paperwork, so the pitch I made was narrow. A guy doing light cosmetic flips, four to six a year plus the occasional wholesale, kept blowing up on th…
This keeps coming up and the room is going to split. Situation I'm in. One acquisition-focused wholesaler does 6 to 9 contracts a month and wants me on an exclusive: I move only h…