She counted my pans before she asked what the rent was
I bought a corner lot with a 1954 house on it because I wanted the dirt. Half an acre, three streets away from a plant that keeps getting money spent on it, and my whole plan was…
All 132 real estate strategies.Every room answered.
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the tenant, the seller, the sideways closing
I bought a corner lot with a 1954 house on it because I wanted the dirt. Half an acre, three streets away from a plant that keeps getting money spent on it, and my whole plan was…
I left a job in logistics eight months ago to figure out how to do this and I've been collecting stories from anybody who'll talk to me. My old boss found out what I was up to and…
I don't buy fast. I looked at a subject-to deal for four months before I said no to it, and the moment it ended was a woman reading her own mortgage aloud in her dining room. Back…
I had an appointment at a title office to ask what a closing actually costs on a first deal, because every number I'd been given online was a range wide enough to drive a truck th…
We do make-readies, mostly paint and floors, and last spring a guy hired us to turn a downstairs unit in a little duplex he'd just bought. He'd decided to rent it to a voucher ten…
A friend manages a 340 unit property and said I could sit in the leasing office on a Saturday if I wanted to see what the job actually looks like. I've been poking around the serv…
Spent about five months on a jobsite last year that I didn't understand until near the end. Single story, enormous, no windows, concrete everywhere. I was on the electrical crew r…
I pay a bit over eleven thousand a year for an LP group. Twenty something people who write checks into other people's deals, monthly calls, one meetup a year in a conference room…
I read the CC&Rs on a lot before my partner made an offer, which is apparently unusual. Recorded 1978, subdivision of about 90 homes, and there's a clause prohibiting any structur…
I did the 3D tour on a listing twice before I ever drove out. Nice little house, priced under the block, staged in the photos with a gray sectional and a rug. Two things at the sh…
I've been driving for dollars for four months and finally got a real conversation. Vacant looking ranch, overgrown, mail piled behind the screen. Owner called me back from three s…
Spent about six weeks building a spreadsheet for performing notes. Remaining term, rate, purchase price as a percent of balance, yield to maturity, and a column where I'd stress t…
Still working through licensing and doing the errands that come with being the newest person attached to a brokerage. One of those errands is going to a house early, turning on ev…
Applied for a line of credit against a rental I've held six years. The bank came back with a value that was 61,000 under what I had it at, and my number wasn't a hopeful number, i…
I asked the listing agent if I could tag along on the appraisal for a split level I was under contract on, and she said sure as long as I stayed out of the way. So I stayed out of…
Day job moved offices in the fall. Old place had a server room with a glass door, a rack, its own little wall mounted air conditioner that dripped, and a sign nobody obeyed about…
Closed on a 3/2 brick rental in a small midwest town last month, nothing special, 1,180 square feet, tenant already in place at a rent I could live with. Cash, no lender, because…
I make decisions slowly, which mostly means I read things for months before I talk to a human. I finally decided the reading had stopped teaching me anything and drove to the hous…
A general contractor I've done work for passed my name to a facilities group looking for grounds, exterior porter and interior common area cleaning on a two building campus. Two b…
I put 55 thousand behind a hard money loan on a small duplex conversion. The borrower was a contractor I'd known for about four years through a neighbor. Six month term, interest…