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Reading through material on lien funds and the phrase that keeps appearing is government-backed. I've read it maybe a dozen times this week and I still can't tell what it covers.…
I want this one written down because it's the kind of mistake that doesn't feel like a mistake while it's happening. Early 2023 I committed $40k to a storage fund. Guy I trust in…
Passed the Part 107 in the spring and started taking paid work in July. Eleven weeks of numbers, because I read enough vague posts before I started and they didn't help me. 22 fli…
Getting quotes for a service business I'm building around listing media, and one pilot broke his price into $400 for the flight and $250 for editing. The flight I understand, he d…
Running roughly 15,000 messages a day across 60 numbers, all registered under 10DLC, single campaign, same three message templates I've used for months. Response rate was sitting…
Planning my first purchase and trying to work out the order of operations. I keep reading that off-market deals come from prospecting, and there are services that will do the call…
2.4% on a 700k purchase is 16,800. I don't think anyone does 16,800 worth of work for me on a resale house, and I say that with no disrespect to the job. So I went looking and fou…
Closed a 265k three bedroom rental in a boring inner suburb. Nothing clever about the property. The compensation part is the only interesting piece. I'd been watching this submark…
I own one small rental and I'd rather not add a second job to my week. A friend told me Section 8 units are actually less work than market rate because the rent shows up on its ow…
I own nine doors, five of them on vouchers, and all five sit inside a single authority's jurisdiction. That was accidental at first and then it started to look like a feature. One…
First house, 3 bed ranch from the seventies in a mid-priced suburb, $268k, 3.5 percent down on an FHA loan, so $9,380 down and about $7,000 in closing costs. Full payment was $2,1…
I've been building a small service offering around agent back office work and last year I finally got the unit economics to sit still, so here's what happened. The product was lis…
Duplex, side by side, both units leased at $1,150. Listed at $268k. The agent who had the listing also handles a lot of the small multifamily around there and when I called about…
Five years ago I started a service business and now there are eleven of us. We rent our shop and the landlord finally named a price to sell, 950k for the building and the yard. Ba…
I've got an option on a 3/2 at a $305,000 strike, 30 months, $7,500 option fee, no rent credit. Comparable resales are landing around $328,000. Rather than exercise and resell, I'…
An operator I've met twice at a local meetup asked me for $15,000. He wants to take a lease option on a 4 bed in an inner-ring suburb, strike $295,000, 36 month option, $15,000 fe…
I've been putting money aside toward a first parcel and got stuck on something simple. Land banking produces no income, so the property tax bill has to be paid out of something el…
Everything I read frames bird dogging as the thing you do for six months before you start wholesaling or buying, which makes it sound like an internship you assign yourself. But s…
Put money behind an operator on a pre-foreclosure in a state I hadn't worked before. Owner about six weeks from a trustee sale, payoff around 214k with 11k of arrears, agreed pric…
Putting together the services side for two independent living lite properties, 140 and 165 units. Scope is light housekeeping every other week, a scheduled van three days a week,…