someone asked, the room worked it out
Working on getting licensed and I want to understand this from the ground up before I ever try it. Everything I read says lead with empathy and never mention how you found them. B…
Take a deal structured as a $420k purchase, $180k rehab budget, senior hard money at $480k funded in draws, and a recorded second at $120k. ARV pencils around $780k. The detail wo…
Short-listing six deals for $300,000 total, $50,000 a position. Two of the LPAs say a limited partner who doesn't fund a call gets diluted at 1.5x the shortfall amount, and a thir…
Reports of an operator pulling significant monthly revenue selling motivated seller leads often get labeled a platform in the retelling, and that word is doing a lot of unexamined…
Running a two-person route in a metro of about 900k. We log roughly 400 addresses a month between us. Skip tracing at about 18 cents a record, but my usable hit rate (correct owne…
A typical sheet reads: data center ABS, 5 year term, investment grade rating, secured by long term leases to investment grade hyperscale tenants, target coupon in the mid 5s, coll…
Brokerage independent contractor agreements might be the strangest documents in this business. The agreement typically says the agent controls their own hours, methods, and busine…
A preferred equity tranche at 12 percent is worth pulling apart carefully, especially for anyone coming from the lending side where subordinate capital usually means mezz: a loan,…
A few deals in on the acquisition side and I've hit a wall where I can find contracts and then sit on them for two weeks. So I've been looking at the other direction, whether I co…
For someone whose own small business books take an afternoon a month, a quoted rate like $350 a month for two rental doors can sound high for what seems like downloading a bank fe…
I have a deck from a lien buying operation quoting "up to 18% statutory" for one state, and then I went and pulled the actual results page from a county in that same state and the…
Consider a fund's written buy box: single family, 1,100 to 1,900 square feet, built 1965 or later, purchase at 70 percent of ARV less repair estimate, eight properties a year, wit…
I do the work myself, mostly, which is why the numbers on these looked good to me in the first place. Framing, tile, trim, drywall if I have to. I sub out the panel and the HVAC.…
The common pitch is that multiple units under one owner means a single vacancy doesn't wipe out income, which sounds obviously true. But three houses on three streets are genuinel…
Published fee schedules for self-directed IRA custodians rarely compare cleanly. One common structure is a flat annual fee per asset, say 300 a year with a 50 setup. Another runs…
I spend most of my time on the service side of real estate, so the acquisition part is new to me and this is the piece I can't picture. Everybody explains how to get a parcel unde…
Standard wholesaling material says the appeal is never owning the house, just assigning the contract. A double close is a different structure: it means actually buying the propert…
A small multifamily owner hunting off market deals often gets quoted $2,500 a month in ad spend plus $1,500 management, and told $800 isn't worth testing. That isn't just margin p…
Duplex, seller's payoff is about $142,000 on a 3.25% note, asking $205,000, willing to carry the difference on a wrap so the underlying loan stays in place. I've been on the tools…
Looking at taking a piece of a single house deal and the financing doesn't line up with the operating plan. Purchase price 420k, it's a 4/2 with two bonus rooms converted, so six…
One for every strategy in the guide. Each has its own discussion, live deals, outcomes and polls.
