I'm winding down a small service business and I also own the building it runs out of. My accountant used the phrase installment sale when I mentioned carrying paper for the buyer,…
I do fast flips with thin margins and I want to add this as a lead source, but every course I look at wants four figures before I've seen a single address. What's the real cost of…
I don't want to be the one running this day to day, so I'm pricing management before I price buildings. Every article says 8 to 10% of collected rent. Then I called two companies…
Working through a deal a mentor sent me so I can see how the bigger end underwrites. 300 units, 2016 vintage, secondary Sun Belt market. Ask is $72m, so $240k a door. The sponsor'…
I've sat through three planning commission meetings in two counties where someone proposed a rooming house or a conversion to rooms. Every applicant led with the affordability cas…
Agent walked me through a 4 bedroom near a state school, rented by the bed, and the lease he showed me runs August 18 to May 22. So on paper that's nine months of rent and three m…
An assignment of a small industrial flex building has come my way and I'd be the end buyer, 22k square feet, three tenants, contract price 1.4m, assignment fee 85k. I plan to fina…
I've got a listed property under contract at 212k and I'm planning to resell at 235k the same day. The listing agent found out about the second closing somehow and told me she has…
Numbers as they stand. I drive roughly 20 hours a month and pull a list of pre-foreclosure and long-vacant records, about 300 records filtered down to 40 submissions. I send the s…
Off-market deal, seller's agent sent terms before anything is papered. Purchase price is going to land around $6.4M. My buyer-broker agreement with the client is 2.5%, so $160,000…
Numbers first. Bought at 145k, budgeted 55k on the rehab, actual spend landed at 73k. Most of that was a sewer lateral nobody caught and a roof that went from patch to full tear-o…
Trying to work out which side to point myself at. The story I hear constantly is that the settlement hit buyer agents and left listing agents alone, so build a listing business, c…
Trying to size up the service side before I put money anywhere near it. I've seen a provider quoting $150 per property marketing package and another quoting $1,200 a month for wha…
The offering doc for a public non-traded REIT I'm reading caps share repurchases at 5% of NAV per quarter, with the board able to suspend the program entirely. Say the fund holds…
I'm reading a sample rent-to-own agreement someone posted and three different words seem to be doing the same job. There's a $5,000 "option fee" up front, then $200 a month descri…
County seat, population 9,100, county total around 31,000. Census-type numbers put the 65-plus count in the county at roughly 4,100 and median household income for 65-plus househo…
A few deals in and I'm hitting a ceiling on dispo, so I'm looking at JVing my contracts out instead of sitting on them. Before I commit I want the real cost sheet. I've seen peopl…
I've been calling absentee owners for a few months and mostly getting hung up on, but one guy actually said he'd take a number that seems workable to me. And now I'm sitting here…
Numbers I've been quoted on a 40-space lot doing about $8,000 a month gross. Option one, a full gate and kiosk setup, $42,000 installed plus $600 a month for the software and supp…
I'm looking at backing a two-person brokerage that wants to move most of its volume to investor loans, and I can't get the revenue model straight in my head. On the conventional s…