it finished, here is how it went
Take a reverse wholesale relationship with a rental operator running around 40 doors who adds two a month when pricing is right. The operator wants exclusivity. The wholesaler wan…
Sold a block of stock in 2022, rolled 240k into an operator's project inside a designated tract, ground up 34 units over retail in a mid size southern market. I do a lot of due di…
Here is a program worth studying for anyone buying small second liens in the $30k to $90k balance range. The common starting practice is to take whatever value sits in the seller'…
Take a lot bought for 62,000 cash and a finished house that closes at 452,000, eleven months from first excavator to closing table, for a builder new to ground-up construction aft…
I ran the experiment I'd been talking about for months. Two agents, one small investor, 14 files over about five months, flat $300 per file, paid at close. Nine closed, three fell…
Getting licensed at the moment, and my first real listing was a 36-lot park a family had owned since 1978. Not my money, so this isn't my win exactly, but I sat inside the whole t…
Take a small duplex purchase, financed rather than cash. Hiring a transaction coordinator is a common step for exactly this kind of file, since a TC takes the signed contract and…
Someone who has read every listing in a rural county for years, and knows what things actually sold for, often ends up fielding questions from landowners about their properties, s…
Take a luxury listing, 5,400 square feet, built 2006, top decile of a secondary metro, seller basis around $2.31M plus about $180k of deferred work completed before listing. Liste…
Worth studying as a case, because it is the mistake everyone warns about and the mechanics are worth being specific about. Say an investor puts 26k into a single REIT for an 8.9 p…
Take a lease option structured like this: 24 month option, 7,000 dollar option fee, strike price 242k, rent 1,650 with 350 a month credited toward the purchase. Market rent on the…
Started posting in June while my coursework was still in progress. The plan was to have an audience ready the day my license came through so I wouldn't be starting from zero. What…
Renovation is my side of the business, so I assumed I'd be the last person to get taken on turn costs. Wrong in an instructive way. Setup: I finished a heavy rehab on an 8 unit an…
A useful case for anyone underwriting a data center as a passive hold: a single story purpose-built colocation building in a secondary metro, about 22,000 square feet, roughly 1.5…
For a buyer trying to qualify with projected income from an accessory unit on a one unit purchase, the agency rule allowing it existing does not mean the shop on the other end of…
I'll lay this out step by step in case someone else is where I was. I bought a small 1,100 square foot house last year, 189k, needing a kitchen, a bathroom, floors, and paint. Mov…
A case worth laying out, because the rule that saves the account is the one most people resent setting up. Say an investor funds a self directed IRA and sets what feels like an ov…
After months spent reading fund decks for data center exposure, a common conclusion is that the power story in most of them cannot actually be verified from the outside. Minimums…
Bought a 1958 three bed, one and a half bath, 1,340 square feet, at $158k. Agent's ARV was $265k, backed by three comps she sent in a one page PDF. Sold at $232k after 152 days on…
A useful case for anyone underwriting junior liens: a performing second lien, UPB 41,000, coupon 10.5%, P&I 402, 27 consecutive on-time payments in the servicer ledger. Purchased…
One for every strategy in the guide. Each has its own discussion, live deals, outcomes and polls.
