every post in the forum, newest first
Bought 14 months ago at 5 percent down conventional, 6.875 percent, PITI 2,610 with escrow. Property taxes reassessed on my purchase price in year one and went up 380 a year, whic…
I'm partway through licensing and a small fund that buys defaulted paper asked whether I'd do their exterior valuations in my county. Flat $125 per report, photos, condition notes…
I'm coming into this from a completely different career and I've hit a wall on the licensing side. Everything I read about non-performing notes talks about workouts and foreclosur…
Two adjacent corner parcels, about 0.6 acres total, in a small city that just rewrote its downtown-adjacent district. Ground floor commercial permitted and encouraged, three resid…
A common point of confusion on a settlement statement is seeing a loan policy premium and an owner's policy premium as two separate charges from the same underwriter, on the same…
I'm sitting for my licensing and trying to build a real startup number instead of a guess. So far I have the state title insurance producer license exam and fee, an underwriter ap…
Two common pricing structures for a real estate PPC agency are worth laying side by side before assuming either is cheaper. One shop charges $2,000 a month flat with ad spend bill…
A common situation for a marketing shop that specializes in agent lead gen: an investor finds the shop through an agent client and wants seller lead generation in a metro the shop…
Modeling the operating line for two short term rental units before any bookings come in means pricing out the software and services layer honestly: a dynamic pricing tool, a prope…
Built out the apartment over my detached garage this spring, I did the framing, rough-in and finish myself, licensed guys on the electrical and the gas line. 480 square feet, one…
Went through four REIT annual reports this month and came out with a sequencing problem I can't settle. One order says sector first. The chapter for this room is blunt about it, s…
I've been researching for months and hadn't bought anything, so when an advisor walked me through a public non-traded REIT I was ready to move. Minimum was 2,500, I put in 20,000.…
Twenty-six files. Eight closings. Two fee splits that actually landed in my account. The setup was supposed to be simple. I do a lot of talking to small investors in my area, and…
Quote in front of me on a $480k cash-out refi of a rental held in an LLC. Broker fee 2 points, plus a $1,495 processing fee, and the lender's term sheet separately shows 1.5 origi…
A cautionary case on trusting a comp set built on entitlement work that was not fully understood. 62 acres at the edge of a growth corridor, two road frontages, in a county with a…
36 acres, county ordinance exempts a division of four or fewer lots from the major subdivision requirements, meaning no engineered road to county standard, no stormwater plan, no…
I do fast flips, thin margins, and I've been writing my own listing copy forever because paying for it never penciled. An agent I've closed two deals with asked if I'd write copy…
Beginner framing because I got this one wrong in my head for weeks before I understood it. I kept treating sub-to as a way to buy cheap. It's a way to buy a payment. The house I c…
Took over a 1958 ranch at $214k balance, 3.5%, 24 years left, PITI $1,498. Seller wanted $8k and out. House was rough, not unlivable. My plan was standard for me: put $45k in, ren…
Got a deal sheet from a wholesaler that says "sub2, assumable, 3.25%" on it. When I asked whether the loan was actually assumable he said sub2 and assumable are the same thing, yo…
One for every strategy in the guide. Each has its own discussion, live deals, outcomes and polls.
