someone asked, the room worked it out
Take a note: 200k sale price, 20k down, 180k carried at 8 percent, 30 year amortization, balloon at year five. Payment runs roughly 1,320 a month, balance at the balloon around 17…
Land and long holds are what I know. Somebody at a meeting said I should hold some REITs for liquidity since my land does nothing for years at a time, and I nodded like I understo…
Two questions come up often from investors sizing a joint venture position. On legal cost, negotiating an actual JV agreement rather than signing a standard form can run anywhere…
An agent sent me a listing for a single parking space in a downtown condo garage. $38,000, HOA dues $95 a month, currently rented to someone in the building for $225 a month. The…
Take an investor running two flip projects a year with an average sale around 340k. At a typical 2.5 percent listing commission, that is 8,500 per sale, or roughly 17k a year goin…
A common pattern in lead generation is starting on a retainer model, a handful of investor clients paying a few thousand a month each for dedicated attention, then wanting to move…
I've been reading a flyer for a 14,000 sf building leased to a dermatology practice and a physical therapy group. It's described as an off-campus MOB, mostly second generation spa…
Whether bird dogging can run on subscribers instead of one-off fees comes down to decoupling revenue from the buyer's closing table. Say six investors, each paying a monthly retai…
Draft services agreement in front of me for taking over investor relations for a sponsor with about $40M across four funds. Two clauses I'm stuck on. The fee is 15 bps of assets u…
For anyone building a service business around real estate without buying yet, it helps to understand the tooling since a good share of future clients will be using it. Most drivin…
Reviewing a funder's document package for a double close is worth doing carefully, because the structure often relies entirely on timing rather than a recorded lien. Take an A-B l…
A common mistake in BRRRR: the property gets picked the way a flip would be picked, chasing the widest spread between price and after repair value, with rent barely considered unt…
A wholesaler at a meetup told me he pays his funder $2,800 a pop and would happily run a second one, and that with $100k I could be it. When I asked about licensing he said none n…
A live in flip gets pitched as the easier version of flipping because the owner is living there anyway, so there is no rush to sell. The harder question is where the actual profit…
Net lease gets pitched as low friction on closing costs, but that skips the checklist. Take a freestanding 9,100 square foot box, asking 1.9 million with 11 years left on the leas…
Take a consulting engagement on a 96-unit 1980s garden complex, 71 percent occupied, in-place rents about 380 under a comp set the owner doesn't fully trust. They want advice on w…
That claim is wrong on both counts. The primary residence exclusion only covers gain on the sale of the home, up to statutory limits, and rental income collected along the way is…
My county planning page has two columns. One says "minor subdivision, 4 lots or fewer, administrative review" and the other says "major subdivision, preliminary plat, public heari…
Looking at a small cabin about two hours from me and I can't get my head around the management side. Everyone in the comments of everything I read says get a co-host, they take 20…
A structure question worth working through carefully. Say an IRA buys a $300,000 four-plex with $200,000 of IRA cash and a $100,000 non-recourse loan, so the debt-financed percent…
One for every strategy in the guide. Each has its own discussion, live deals, outcomes and polls.
