An agent sent me a stager's agreement to look at for a house a family member is selling, and I ended up reading the whole thing twice because the fee structure is stranger than I…
I've been trying to work out which lane fits me and bird dogging keeps coming up as the answer for people with no money. Fine, I have no money. But every description I read frames…
Everything I read about probate says build attorney relationships, they'll feed you deals. Nobody explains what that looks like from the attorney's side. Why would a lawyer whose…
Most of my work sits on the capital side, so I read about reverse wholesaling from the other direction and I'm confused about the first step. Everyone says get the buyer first. Bu…
Trying to work out how much of this sits on me. I read on a forum that hiring a vendor doesn't move the liability off the investor because the calls are made for my benefit. Then…
A friend pointed me toward holding a small rental inside a Roth vs a traditional IRA and I got stuck on the far end of it. If the account has to start paying me out at some point,…
I've got two wholesale campaigns running and I'm drowning in follow-up, so I called two VA shops. First one wants $1,500 a month flat for a "dedicated seat, full time, 40 hours".…
A 40 agent brokerage sent me their standard photographer agreement. Volume would be 30 to 45 shoots a month at $200 flat, interiors plus exteriors, drone extra. The paperwork is w…
I'm taking my time on this first purchase and trying to think a year out rather than about one house. The reported first-quarter numbers have foreclosure starts up 20 percent year…
I run renovation scope for other people. Every week I drive past three or four houses that are obviously in trouble. Tarp roof, mail piled up, a dumpster that's been full since fo…
I'm hiring someone to build out lead intake and follow-up for the acquisitions side. He's not licensed, he told me that up front, and his sequences include texts and emails that g…
Eleven units, two states, and I've been running leases off a template pack I paid $199 for. A drafting tool now spits out addenda that read better than what I was writing myself,…
Looking at a listing for a small park on a state highway about 20 minutes from a lake. The sheet says 40 full hookup sites, 12 pull-through, rest back-in, and then in smaller type…
I look at the lending side mostly, so I come at this from the paperwork end. My understanding of an assignment is that I'm selling my contractual position, not the parcel, so no b…
Triplex at $410k, owner-occupied, I'd take unit 1 and the two signed leases on units 2 and 3 are $1,400 each. The appraiser's rent schedule came back at $1,150 market rent per uni…
I'm partway through the 20-hour SAFE course and an AE at a fix-and-flip lender told me to stop, that since all their loans are business purpose to entities I don't need an MLO lic…
Building my buyer list before I chase anything. I'm at eleven investors, mostly from two meetups and a couple of cash sales I found at the county recorder. Everywhere I look someo…
Been reading hospitality term sheets from the credit side rather than the equity side and something has hardened. Nobody sizes off cap rate or even off DSCR as the binding test an…
Trying to get the terms straight before I underwrite anything for a client. Say I put a house under contract at 150, assign it to my buyer at 165, and I also have a sourcing agree…
Full gut on a 1950s ranch, cabinets are 3 weeks out, and the agent wants photos now to start building interest. Her suggestion was shoot the empty kitchen and have the photographe…