Rural deal, asking $1,340,000, rent $112,500, so roughly 8.4%. Town population about 1,800, the store is the only general merchandise within 20 miles. Lease has 11 years left of a…
I manage rentals for other people so I see a lot of renovation work, but I've never done this one myself. Everyone in my building's owner group says they're doing a live-in flip a…
I spend my days on the debt side and I'm now looking at going LP in a deal from a borrower I've financed before, which is a different seat than I'm used to. Numbers: $40M purchase…
I've been reading closing documents for fun before I buy anything, and the same transaction seems to describe the same function three ways. The commitment comes from a title insur…
I've got 14 saved listings and eleven of them use some version of that phrase. One is 30 acres in a 2 acre minimum zone, which the agent described as "up to 15 lots." It has maybe…
I want rental income without picking up a second job, and this strategy keeps coming up as the low money version. What I read: you buy with 3.5 percent down as an owner occupant,…
Sizing a first allocation and the reserve line is where my model falls apart. Plan is roughly $4M across three or four states, average certificate around $4,400 face, so call it 9…
Every article about this sector talks in billions and megawatts, and it ranks first for investment demand, so I assumed there was no entry point for someone with a few hundred dol…
Reading through the due-on-sale part and I don't understand the risk math. The seller's mortgage says the lender can demand full payment if the property transfers. In a wrap the p…
I've been reading development threads for a while and everyone throws around "entitled land" like it's obvious. I thought it just meant zoned correctly. But then someone said a si…
Career changing into this and I'm starting from nothing. What I pictured was an agent opening the door, you like the house, you sign, done. Then someone in another forum said the…
Reading a subscription package for a 100k check and there are two things I can't line up. The fee schedule has a 1 percent placement fee. Then the operating agreement issues Class…
Two of the owners in my management portfolio flip, and one of them asked me to "just push it to your buyer list" when he got a house under contract. I don't have a buyer list. I h…
I'm new to this specific strategy and I'd rather be corrected now. My planned numbers for a single out of state market: 10,000 text messages at about $0.02 each, so $200. Data and…
A guy I did some framing work for years back is now wholesaling and he told me his attorney does his assignment paperwork for $500 flat, whatever the deal size. He made it sound l…
Reading a draft co-hosting agreement and two clauses don't sit together. One says I'll be added as co-host on the owner's existing Airbnb account. Another says I'm an independent…
I run a portfolio where the tax-advantaged space is close to full and the incremental dollar has to go into a taxable brokerage account. The standard line is that REITs belong in…
Reading a town's website and it lists a short-term rental registration, a transient occupancy tax account, and a general business license as three separate items with three separa…
I'm about to close on my first rental but my brother in law wants me to look at a shell his neighbor is selling, and it's a proper gut. No kitchen, no furnace, back wall opened up…
I'm mostly a long-hold land person so this isn't my usual lane, but I've had two people this month describe themselves to me as bird dogs and they clearly meant different things.…