Every furnished comp I find is downtown. Does this work in a suburb?
Six months of driving neighborhoods and I've got maybe thirty properties on a spreadsheet. None of them are downtown because I can't make downtown pencil at all. Every corporate f…
All 132 real estate strategies.Every room answered.
Start with a RE category
Next, pick a strategy
Then pick the type of post
live deals, numbers on the table
Six months of driving neighborhoods and I've got maybe thirty properties on a spreadsheet. None of them are downtown because I can't make downtown pencil at all. Every corporate f…
I bring numbers and ask what's wrong with them, so here they are. 22 planted acres, established block, seller wants 41,000 an acre all in for land, vines, trellis, and a shared we…
Closing a land parcel sale next month, roughly 240k net after costs, and I'm not replacing it with more dirt this cycle because the entitlement timelines in my county have gotten…
I've got two transactional funding quotes on a double close scheduled for next Thursday and I can't separate them on price, so I'm trying to separate them on what happens when it…
Two written proposals in front of me for the same search. Agent A: 2.4% of purchase price. On my target range that's about 11,040. Full service, she's been doing this eleven years…
I sold a small business last year and have about 600k I'd rather partner with than operate myself. Two operators I've spent real time with have both sent term sheets for deals clo…
Seller has a 10-unit brick walkup, all 1BR, in a town of about 4,000 people an hour from anything. Asking 620k, which he's calling an 8 cap off his own NOI of roughly 49.6k. Books…
I signed up for a free 45 minute strategy call from someone whose videos I've been watching for a few months. Then the confirmation email came with a form. It wants my credit scor…
I have 180k set aside to launch the service business, and the draw schedule I've built has me pulling 8 to 10k a month starting in month four, running about 18 months until the bu…
Sales call last week. Mastermind, $12,000 a year, monthly group calls, two in-person events, a deal-review channel. The pitch number was that 41 percent of members close a deal wi…
Contract with the seller at 214k, resale to my end buyer at 252k. I built the whole thing as a double close because the spread is 38k and I did not want that number sitting on an…
Builder client, six detached spec homes, 1,850 to 2,400 sf, delivering in three pairs roughly five months apart. Target list is 420k to 465k. I underwrite the sales side and stagi…
First purchase, a small house I plan to live in for a few years and keep as a rental after. The commitment came through yesterday and section two has nine numbered exceptions. Som…
Bought this one at a sale three years ago. Certificate was $2,410 on a small frame house on a third of an acre, statutory rate 12%. Paid subs every year since, $1,190, $1,240 and…
Been going back and forth with an operator for six weeks. Small shop, three people, buys rural and recreational parcels in four counties across two states, sells most of them on i…
Trying to buy my first place next year and house hacking is the only version of the math that works, but every example I read is either three roommates in a five bedroom or a dupl…
Property is a 6,200 sq ft 1994 build on a golf course lot in the top submarket here. Listed 2.65M, been sitting 140 days, seller is an estate. My offer thinking is 2.35M, maybe 2.…
Title commitment came back Friday on an 18 acre parcel I have under contract at 42,000. Builder buyer has verbally agreed to 68,000 and wants four lots off the road frontage. Two…
Passed the broker exam in the spring, mostly because I was tired of paying a split on my own deals and I wanted the option. Now I'm sitting on it and the math isn't as obvious as…
Halfway into a 5,400 sq ft luxury reno I'm managing as a partner rather than as the GC, and the millwork package just blew up. Architect's allowance was 95k for kitchen, butler's…