A deck I was sent described this as asset light, start for under $1,000, which I don't believe. I read paper and notes normally, so I always look first for where the cash gap sits…
I've been pricing this out badly. Someone told me you can't get a mortgage on bare farmland the way you can on a rental, and that lenders want 40 or 50 percent down. Then I found…
Two investors in my market are offering me different structures and I want to think about this properly before I pick. Investor A: $500 flat, paid only when they close. No cap on…
Under LOI review on a two tenant clinic building, about 12,000 sf, asking $3.6m. My lender contact listed reports she'd need and I only recognized half of them. Phase I, PCA, ALTA…
I run leasing and maintenance coordination for a small portfolio and an owner asked me to "set up the CRM" so tenant inquiries stop falling through. When I asked what he had, he s…
Development sponsors look like the most underserved client type I can find for the service business I'm putting together, mostly because their needs are lumpy and specialized. Bef…
Coming from renovation work where I can point at a wall I built, this model confuses me. I've been reading about wholesalers who only do dispo, and as far as I can tell they don't…
I manage 140 doors and I've been pricing out an annual condition walk on every unit, roughly $180 a visit with photos and a punch list. Two things are stopping me. First, if I hir…
We run a small service crew and I've been pricing out adding staging as a second line, mostly for two flippers we already do work for. Called our broker to ask what would change o…
The paperwork nobody reads is where this turned up. A buyer who takes roughly two houses a month wants me sourcing only for them in three zips, in exchange for first look on every…
Mid-term rentals keep getting pitched to me as the safer version of Airbnb, and the claim everywhere is that if you set your minimum stay to 30 days you're not a short term rental…
I run two vendors against the same two counties, pre-foreclosure plus high-equity absentee. Vendor A bills $1.10 per contracted contact, vendor B $0.95. I finally pulled both supp…
Two numbers in this room don't fit together for me. A single family appraisal is $300 to $600, and AVMs or property condition reports already sit on something like 35 to 45 percen…
I've got a brokerage account and I'm looking at putting a small slice into this corner rather than buying a rental. Two things I can't pin down. First, is there a real minimum, or…
Something I ran into on a 9-unit in a secondary market that I haven't resolved. The guide logic is that at five units you're valued on NOI and a cap rate. That's how I underwrote…
I'm building out a services business and apartment operators keep coming up as the customer. Before I go further I want to know what the stack on a 200 unit property already costs…
I've had three separate conversations now where a builder tells me the finished lot has to come in at 20 to 25 percent of the retail house price, like it's a law of physics. So a…
My house sits on a corner lot with room behind the garage, and two different builders have told me a small detached unit would rent for something like $1,600 here. The income part…
Getting my license, still figuring out what I'll do with it. Two REO-specific things I can't get a straight answer on from anyone local. One, when a bank lists a repossessed house…
Got a package on a four-plex from an agent I've been talking to about representation. The listing sheet shows $3,400 a month gross. The leases she forwarded add up to $3,050, and…