every post in the forum, newest first
For a passive investor moving a gain into an opportunity zone fund, the choice between ground-up development and rehabbing standing older apartment stock comes down to which failu…
I wanted the pipeline before I wanted the yield, so I sized this to be survivable rather than meaningful. $92k, 38 certificates, two counties in one state, one servicer. Average c…
Bought a brick fourplex in a designated tract in March. Purchase was 265k. My accountant allocated 78k to land and 187k to the building, which means the improvement number I have…
A single asset offering in a designated opportunity zone tract is worth pressure testing on the exit assumption alone. If the sponsor's model holds for eleven years and exits at a…
A reusable video library sounds like the smart version of turnover marketing on paper. Take two buildings, 20 units total, three repeating floor plans. Paying a videographer $2,10…
Take a small three bed in a working class pocket, bought at 132k, 38k in rehab, planned rent 1,650. The refinance math works on paper and most of the cash comes back out, so on th…
Worth laying out as a cautionary sequence, since the order of operations here is what caused the loss, not any single expense. Roughly 5,300 dollars over four months breaks down a…
A friend who runs money for a small family office told me they added hotels last year as part of a "rotation toward yield." Same week, someone else told me hotels are the closest…
On high end assignments, how a fee gets named tends to change how hard people fight about it, and two structures show up regularly in this space. The plain assignment: the contrac…
Consider an investor who mostly buys land and holds it, with one small house attached to a parcel bought for the land. That house had run as a plain rental for four years at $1,45…
This keeps coming up and the room is going to split. Situation I'm in. One acquisition-focused wholesaler does 6 to 9 contracts a month and wants me on an exclusive: I move only h…
I came at this from tools, not paperwork, so the pitch I made was narrow. A guy doing light cosmetic flips, four to six a year plus the occasional wholesale, kept blowing up on th…
This is the first time I have funded the buy side of a luxury deal instead of just reading somebody else's package, so the numbers are the interesting part. Property was a 5,900 s…
Wholesaling gets called the no money strategy, but a deposit typically still goes to the seller under the contract, and there is usually a cost for title work. A reasonable range…
Take a junk removal and cleanout operator working mostly with estate attorneys and property managers, quoting a hoarded 2 bed in a small mill town, roughly a 118,000 house once fi…
I've been sitting in on a friend's acquisitions calls while I wait on my first rental, and something came up I can't resolve. I invest passively and I'm nowhere near hiring a call…
This is a small one but it's my first contract so I'm writing it up. I'd been driving a couple of older streets after work with a notes app, writing down anything with a full mail…
I'm new and I've now seen the same brokerage's dual agency consent form handed over two different ways. First house, the agent gave it to me before she'd show me anything and said…
Take a duplex bought at 140,000 with 62,000 put into the rehab. Comps support 265,000. The appraisal comes back at 243,000. At 75 percent that is 182,000 versus a 198,000 underwri…
First one, done, tenant in, refinanced, and it cost me about 22k more than my spreadsheet said it would. All of it came from time. The house was a 1950s three bed in a working cla…
One for every strategy in the guide. Each has its own discussion, live deals, outcomes and polls.
