Do you load campaign cost into the deal or keep it as overhead?
I closed the books on a quarter of sourcing spend and realized my cost per contract changes the deal answer depending on where I put it. Say a campaign runs 3,400 in data and post…
All 132 real estate strategies.Every room answered.
Start with a RE category
Next, pick a strategy
Then pick the type of post
one click, then see the split
I closed the books on a quarter of sourcing spend and realized my cost per contract changes the deal answer depending on where I put it. Say a campaign runs 3,400 in data and post…
I manage properties, so collecting money from people who live in houses is my whole week. When I started reading about performing notes my first thought was that I'd just take the…
Two things on my desk this week and they point in opposite directions. Deal A. Single tenant pharmacy-format box, roughly 13,000 sf, investment grade parent on the guaranty, 15 ye…
Vacant three bedroom I closed on last week, previous occupant left about half a house worth of stuff plus a shed. I got two numbers. The first is a real company. Certificate of in…
Before I put time into this method I keep trying to price it honestly, and I come at it from the capital side. A pulled list of absentee owners with high equity in one zip runs me…
Two parks came across the same week from two brokers, twenty minutes apart in the same county. I'm nowhere near buying either, I'm trying to understand the spread. Park A, 52 lots…
The wholesalers who keep calling me have me trying to figure out what they're actually doing, and my own work is on the rental side, so treat this as an outsider's question. What…
I've got about $9,000 set aside and no shot at a conventional mortgage for another year or two, so I've been reading up on lease options instead of just refreshing listings. What…
I sat in on a walkthrough of a 3.1M gut where the designer was on a percentage of construction cost and had sign-off authority over the GC's submittals. Two days later I read a sc…
I run nine short-term units for six owners, all listed on Airbnb only, no Vrbo, no direct booking site. Everything runs off the app plus a shared calendar, a cleaner group chat, a…
Finished spec, listed at 469, three weeks in with decent traffic and no offer. My agent wants to advertise a permanent buydown, roughly 12k of points to the buyer's lender, which…
Every mezz summary I read lists the conversion to equity as one of the protections. The mezz lender can end up owning the ownership interest in the entity that holds the property,…
I've got two things I could put the same money into and I've been stuck on this for three weeks. The first is four raw acres in a growing outer suburb, priced around 112k, that wo…
Mezz targets 10 to 15 percent. Common equity in the same deals is usually pitched at high teens and up. So you're giving up several hundred basis points of upside in exchange for…
I've had two sub-to conversations in six weeks and they were nothing alike, so I want to know which type people prefer to work with. Seller A is behind. Two payments missed, a not…
I pulled 14 notice-of-default leads in one county over five weeks and ran every one twice, once to a rent number and once to a resale number. On rents, at a 7.9 percent gross yiel…
I've been building the cost side of this on a spreadsheet for a month and the number keeps growing, so I want to know which parts of it are real. What I have so far, annual, for s…
Every one of the small flippers whose deals I underwrite hands me the staging number in a different place. One puts it in the rehab budget as a line item next to appliances. One p…
BRRRR has come up in my reading for a few months now and the same disagreement between sources keeps showing up, so I want to see how this room splits. The classic version says th…
I've been reading two JV term sheets a friend forwarded me with the names taken out, and they split the same way on paper but they get there differently. The first one gives the c…