Nine units in the same lake town and my own listings are the comps
I co-host nine cabins inside a six mile stretch of the same lake town, all on 18 to 20 percent of revenue. Each one has its own base price in PriceLabs, all of them run a 2 night…
All 132 real estate strategies.Every room answered.
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I co-host nine cabins inside a six mile stretch of the same lake town, all on 18 to 20 percent of revenue. Each one has its own base price in PriceLabs, all of them run a 2 night…
I shoot walkthrough video for three agents. $350 a listing, tripod and gimbal, one vertical cut plus a 90 second horizontal edit. One of them asked me to come down to $200 because…
Been in construction long enough to know what a single boiler feeding three units costs to replace, so that part doesn't scare me. What I don't understand is the operating side. S…
I've been reading the paperwork side of this before I look at any property, and I have three documents in front of me that seem to overlap. There's the voucher itself, there's a H…
A friend forwarded me a land loan term sheet on a 12 lot split so I could see what these look like. There's a partial release clause that says lots are released at 115% of the pro…
The ordinance for the town I'm looking in says a single-family dwelling is for occupancy by one family. Then the definitions section says family means one or more persons related…
$1.1M call on a 2021 bridge deal. Rate cap expires in five months and the money is the extension quote plus a reserve top-up the lender wants sized. 42 LPs. The operating agreemen…
I spend most of my time on the lending side, so I'm used to looking at these from the other end of the table. A seller near me has a house already operating as four rented rooms a…
Sitting with a 9,400 sf building, two suites, one of them a former imaging tenant that left behind lead-lined walls, a reinforced slab section and a 400 amp service. Seller is pri…
I've been working with an agent who genuinely knows investment numbers. She runs comps, she understands ARV, she's brought me two pocket listings from her wholesaler contacts. No…
Underwriting a 12-month bridge with a 6-month extension option at one point. Sponsor's exit is a DSCR refinance on a stabilized 8-unit, and their pro forma has certificates of occ…
Signed nothing yet. The agency sent an onboarding sheet and it has: CRM $99/mo, call tracking $45/mo plus $0.03 a minute, landing page builder $99/mo, skip trace credits billed as…
I'm a few deals in and my ceiling right now is that I can't tell a good number from a hopeful one fast enough. Two people have suggested I get an appraisal license so I stop payin…
The aerial photographer's agreement in front of me says he retains copyright and grants me a license to use the images "for the duration of the listing." I'm the seller paying the…
Owner sent me a co-hosting agreement his previous co-host used. It's a page and a half. Fee percentage, a line saying I handle guest communication and cleaning coordination, thirt…
Sitting on a four-bedroom in an HOA neighborhood that pencils well if I can rent rooms and doesn't pencil at all as a single lease. My agent's answer was "people do it around here…
A seller I know was told her house needed staging, and what the agent actually did was tell her to box up half her family photos and move a bookcase to the garage. No furniture ar…
Land deals are what I usually do, and software subscriptions aren't a line item I'm used to paying. A friend with three condos asked whether I'd run them, and every co-hosting art…
Two bed cabin, listed as turnkey furnished and currently operating nightly. Seller wants the real property at his asking price and then $18k on a separate bill of sale for the fur…
Running a shell in a market I've been watching for a year. ARV supported at 340k by three comps within a quarter mile, all renovated to the finish level I'd be matching. Contracto…