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I'm looking at a 4-bed house that the current owner rents to four separate people. He described it as per-room, but the paperwork he showed me is a single lease with all four name…
I've owned an 88-space lot two blocks off a core business district for four years. Right now 55 spaces are on monthly contracts at $145, and the rest run transient off a kiosk. Th…
I've been mailing a small absentee list for a first rental, badly and slowly. What actually happened is a woman two doors down from a property I mailed called me because her siste…
Running about 1,100 dials a week on a stacked list, pre-foreclosure plus 50 percent-plus equity plus 10-year tenure. Contact rate is fine, roughly 8 percent. The problem is that o…
Working out the first eighteen months of a brokerage and the two paths look genuinely different, not just in marketing but in what the P&L looks like. Conventional purchase lane.…
I spent four months and $11,600 building an interest list of prospective private lenders for a small note buying vehicle. Agency contract was $1,900 a month plus ad spend, and the…
I've done a handful of assignments in the $6k to $12k range and I keep running into the same ceiling: my buyers are all small landlords and flippers with maybe $300k of cash each.…
I do cleanouts and staging for a couple of estate attorneys, and one of the families said they'd rather sell me the house than watch it sit through another season. So now I'm hold…
Preferred equity slot in an infill townhome deal on a portal, $25,000 in, 24 month projected term. The pref was written as "10% per annum on unreturned capital, cumulative and com…
I have a rental closing in a few weeks and I was not planning to touch wholesaling at all, but a guy in a local meetup group said the high-end tier was wide open and nobody was ma…
Our county rewrote its ADU rules last spring and the new text is 26 pages. I read it because I was curious, and then I made a two page plain summary: what sizes are allowed by lot…
I'm starting from zero and reading listings I can't buy yet, and the two that keep showing up in my saved list are opposites, so I want to know how the room splits. One is a 34 si…
A 110 site park with 8 cabins put out a request for a season contract covering cabin turns, two bathhouses, and supplying two camp host couples. Their stated budget is 96k for the…
After five years running a service business, the thing that finally moved my balance sheet wasn't the business. It was solving a parking problem badly enough that I had to buy dir…
Small unattended surface lot, about 25 spaces, everything paid at a kiosk, no staff on site except a cleaner twice a week. The county clerk told me a commercial parking facility n…
Been working toward doing acquisitions work for other people and got as far as a real conversation with an out of state buyer. He asked two things I wasn't ready for: do I carry E…
I move slowly on purpose, so paying someone to speed up the front end seemed like the one place spending money made sense. It didn't work and the reason is in the agreement I sign…
Still figuring out where to put money and I've been talking to two people who source for out of area buyers. They work completely differently and I want to understand which one I'…
Someone in a local group said the $3.2M house on the corner is "a pocket listing" and someone else corrected them and said no, it's an office exclusive, and then a third person sa…
We're finally moving on my aunt's house. It's the high end of a small market, 4,900 square feet on just under two acres, and the three agents who came through priced it between $2…