live deals, numbers on the table
Take three small one bedroom cabins on a shared gravel lot, already furnished, run by the owner off her phone for two years and now ready to hand off. A common offer in this situa…
I opened a brokerage account, put 2,000 into a REIT index fund because a book told me it was the easiest way to start in real estate, and now I'm looking at the holdings list and…
A scenario worth sitting with: a licensed property manager overseeing a portfolio of units across multiple owners has several of those owners independently mention wanting to sell…
I have about 240k I want to put into multifamily and two live options in front of me. I'm on the capital side by temperament, meaning I'd rather read documents than fix toilets, b…
Closing on my first flip in three weeks and staging is the one number in my sheet I keep changing every time I open it. House is 1,580 sq ft, three bed two bath, in a subdivision…
Over about three weeks of driving the same four streets on my way home I've written down 11 houses. Tarps, waist-high grass, mail visibly stacked in one door, a code enforcement n…
Five weeks of calling instead of pulling lists. I pulled cash deeds from the county recorder going back 18 months, flagged anyone who bought twice, got 41 names, reached 11 humans…
Six weeks into calling owners of unimproved rural parcels, mostly 10 to 40 acres, mostly held by people who live somewhere else. This is my own list, pulled from county records in…
Run a side by side for a small rental inside a Roth, all cash against non-recourse leverage, and the all cash column usually wins by more than people expect at first pass. Say a 2…
A guy who does yard work in a neighborhood I like emailed me offering what he calls off-market leads. His terms: $400 per lead, paid before he tells me the address, and he says he…
A common setup for someone sourcing rural land is a spreadsheet of dozens of parcels, columns for acreage, price, price per acre, county, whether the owner has been contacted, and…
A grounds and small systems maintenance contractor gets asked by a 90 site park about two hours from a national forest to bid the whole season, April through October: mowing, pede…
Say a lender who has only funded second position loans against rentals is asked to fund a same day double close on a vacant lot for the first time. The numbers in a typical versio…
Here is a financing decision worth working through in detail, since it comes up for almost anyone scaling a flip pipeline past the first couple of deals. Say the plan is six proje…
Take a small hospitality fund position: three select service assets, two in secondary markets and one near an airport, a ten year fund life with a five to seven year expected hold…
Say someone gets approached by a wholesaler offering a house he says he has under contract, $150,000 purchase, a claimed $1,450 rent, and an $8,000 fee for the acquisition service…
Take a real estate photographer doing 11 to 14 shoots a month at an average of $260, roughly $3,300 gross on about 55 hours of work, gear paid off, Part 107 licensed with a drone,…
Take an operator whose crew has been doing turns and light maintenance for a couple of small landlords for three years. One of those landlords also owns a 12 unit near a regional…
Been looking at a 1970s duplex, $198k asking, both sides rented at $875, taxes $2,400, insurance quoted at $1,900. Roof is maybe six years old. It sits inside a designated opportu…
Reading my way through an offering document for the third time and writing down every place money leaves before an LP sees a dollar. 8.4m equity raise, 22m purchase, industrial fl…
One for every strategy in the guide. Each has its own discussion, live deals, outcomes and polls.
