it finished, here is how it went
A common and costly mistake for operators starting SMS outreach is skipping carrier registration, and the mechanics are worth laying out plainly. Say an investor wants to test SMS…
Left a job in logistics last year and needed something that produced income while I learned the property side. Picked drone work because it had a defined thing to learn rather tha…
Bought a two bedroom cottage for $132,000 last spring, put about $28,000 of my own labor and materials into it, rented it at $1,450. Went to my bank for a refinance and got turned…
Bought a 318k three bedroom, my second property. I do a lot of due diligence on everything except, apparently, the thing I signed on day one. My rep agreement said 2.5%, 7,950 at…
I've been poking at the service side for a while and kept getting stuck on the same wall: staging means owning furniture, owning furniture means a warehouse, and I have neither. S…
This is a case worth reading line by line, because a clause decided the outcome rather than the building. A 22,000 sf medical office on a suburban outparcel, total project around…
The plan was diversification. One portal, five deals, $10,000 each, different asset types and different states. Two extended stay hotel conversions, a small industrial infill, a b…
I've been trying to work out what my first deal actually costs and ended up modeling one property both ways to see whether the rehab-and-refi cycle was worth the extra work. Numbe…
Two years in on the market-rate side and I still managed to walk into this one, so I'll write it up plainly for anyone as new to the program as I was. I bought a small 3BR in a de…
Take a $2.4M acquisition, 14 units, 1970s brick garden walk-up, 62 percent occupied at takeover with a real path to 92, and a sponsor seeking a 24-month bridge at 70 percent of co…
This is the ceiling I keep talking about and I finally hit it with numbers attached, so here they are. Started with 140k of my own cash 26 months ago. Plan was four single family…
Posting this because I've mostly been the person asking what a first deal costs, and this one closed and I can show the whole shape of it. Sponsor was a regional operator with in-…
Worth walking through as a case, because it shows what a properly built file looks like when it actually gets tested. Say a sub-to closes in early one year, and twenty months late…
A structural pitfall worth understanding in tax lien fund investing is the difference between fees charged on committed capital versus invested capital, and how disciplined biddin…
A common misstep on a scattered portfolio: an owner with a construction background looks at the property manager's fee sheet on a 31 door portfolio, sees a 10% base plus a mainten…
Here is a live-in flip worth writing up as a case, because the sequencing is the whole lesson. House is a 1,650 square foot 1940s two-story in a first-ring suburb, bought at 218k,…
My first closing ended up being the structure I told myself I'd never start with, after six months of reading. Writing it out because most of what I read about wraps skipped the m…
A framing eye is a useful curb screen for a driving list, and here is a case that shows both the payoff and the limit of it. Take 90 addresses logged over six weeks in an older tr…
Take a seller who owns one rental free and clear, a 3 bed 1 bath, roughly 1,000 square feet, on a decent street in a small midwest town, held nine years. Listed for a cash sale, t…
Sold a piece of equipment and a small parcel in 2024 and had about 96k of gain. Plan was simple in my head. Buy a beat up two story in a designated tract, do most of the work myse…
One for every strategy in the guide. Each has its own discussion, live deals, outcomes and polls.
