someone asked, the room worked it out
Third owner is signing and I still don't have a consistent way of getting paid. My first two are set up with the Airbnb co-host payout split, so my percentage lands in my account…
Take a small multifamily operator underwriting a house conversion to six rooms. Gross at 850 per room is 5,100 a month. Utilities all-in at 480, internet 90, cleaning of common ar…
The chapter says the established practice is leading with empathy and positioning yourself as a resource, and I keep bouncing off that sentence. I'm mostly land and long holds so…
Consider a photographer approached by an agent offering two listings a month with a 24 hour turnaround. Before saying yes, it is worth pricing out what running that commitment act…
Take a small real estate content shop being evaluated as a bolt-on acquisition: 18 retainer clients, blended 1,400 a month, 302k trailing revenue, 95k owner draw, two contract edi…
A common question among people who own a drone for personal use: if an agent asks for an aerial shot of a listing's roofline and lot lines, and no payment changes hands, does the…
Before bringing a wraparound mortgage idea to a seller, it helps to price out the closing side in full. Say a 300k sale, a 240k underlying loan around 4 percent, and a wrap note i…
Working out my service offer while I finish getting licensed. Every systems consultant I've looked at prices one of two ways. Either a flat build, call it 3,000 to 8,000, hand ove…
I've been listening to people talk about BRRRR for a while and I've been pretending to follow. Writing down what I think each word means so someone can correct me. ARV, after repa…
The common claim in co-living is that renting four rooms beats renting the house. That is true up to a point, but the premium has a ceiling, because at some point the per-room ren…
Consider an investor who sells a seasoned performing note portfolio at a gain and wants that gain deferred into a QOF rather than taxed immediately. Two questions typically need a…
Trying to figure out what the first deal costs me and now I'm trying to figure out what joining a network costs too. I've seen a free Discord, a group charging 97 a month, and one…
Take a 55,000 rentable square foot self-storage facility, 480 units, asking $4.9M. Trailing twelve NOI of $348k prices at 7.1% on the ask, while a broker's pro forma might run to…
For someone doing a first cosmetic flip and borrowing most of the purchase price, the honest minimum cash reserve needs to cover more than the down payment. Between the borrower's…
Say an investor moves roughly $90,000 from an old 401k into a self-directed IRA to consider LP positions in syndications. The custodian signing the subscription agreement as inves…
In a typical assignment, the wholesaler contracts to buy the property from the seller at one price, then assigns that contract to an end buyer for a higher price, with the differe…
62 sites, full hookup, near a national forest entrance. June through mid September we're effectively full at $58 a night. April, May and October run about 22% occupancy, and the f…
The pitch for transactional funding rests on the end buyer's money being committed before the advance goes out. Committed is not the same as received. If that final wire does not…
Eleven listings under management at 18% of net rental revenue. Portfolio does about $1.1M in bookings, so the fee line is roughly $198k. One owner holds four of those units, about…
I've been running the same exercise on suburban office the way I'd run it on raw land, and it keeps failing in a way land never does. The building I keep coming back to is a 1987…
One for every strategy in the guide. Each has its own discussion, live deals, outcomes and polls.
