My lender wants 12 months of ownership before they'll do a cash-out refi at appraised value. Before that it's purchase price plus documented improvements, which on a place I bough…
Numbers first. ARV around 240, needs maybe 35 in work, so I want to be in at 145 to 155 for it to be worth touching as a flip. There's a HECM reverse mortgage on it and the servic…
Housing authority did an annual on a three-unit I manage the maintenance side of. Units 1 and 2 passed. Unit 3 failed on bathroom ventilation, the fan runs but the inspector says…
Thinking about this from the capital side rather than doing it myself. If a driver covers say 60 to 80 addresses per hour in a dense grid and you pay $20 an hour plus mileage, you…
I finished 900 square feet of basement myself, permits pulled, egress window, proper heat. House shows 1,600 above grade. The appraisal came back describing it as 1,600 square fee…
I've been driving neighborhoods and I have about 400 addresses with owner names off the county site, no phone numbers yet. I spend maybe $60 a month on this, mostly postcards. No…
I've got a lead where the owner died about a year ago. Three adult kids, all out of state, and the one who called me back says she's the executor. When I asked for a copy of the l…
42,000 sf medical office building, all in at roughly $16.8M, so about $400/sf including a $85/sf TI allowance for the anchor. Construction loan quoted at 62 percent LTC, SOFR plus…
Running a 1,400 acre southern pine tract, mixed ages, roughly 40 percent in sawtimber-eligible stems by the cruise. Base case underwriting assumes stumpage roughly flat in real te…
I'm looking at this from the lending side rather than as an owner, and the cost-basis question keeps coming up. On a delayed financing setup, the file is supposed to document the…
Spent $1,120 with a per-lead shop, took 40 leads, worked every one myself. Two got to an offer, both went cold on price. What I think happened is that per-lead pricing pays them t…
Two clients on full-time seats at $13 an hour. One of them sat through an AI SDR demo and came back asking for $9, saying the human is mostly supervising a machine at this point.…
Building a service business around real estate, and the expanded reporting on qualified opportunity funds under the permanence law looks like a real gap to me. The operators I tal…
The offering page says 10 to 12% target IRR and then further down there's a line about distributions beginning in year three, which I don't understand if I'm supposedly getting 10…
Still building my seller list, so this is theoretical, but it's bugging me. Say I lock up a contract and JV with a wholesaler who has the buyer. Assignment fee is $10,000, we agre…
A listing came across my feed for 5 acres at $12,000, and the seller says the property tax is about $180 a year. My plan was to just own it and let it sit, which someone in anothe…
I'm putting together the pricing for a small calling service and the competitor spread is wild. Per lead I see $25 to $60. Per appointment $80 to $150. Per caller hour $7 to $12,…
Small portfolio on the rental side, and I'm looking at a non-traded REIT for the part of my money I don't want tied to a roof. The offering says distributions may be funded from s…
I'm brand new here, so treat me accordingly, but a broker who knows I'm looking sent me a package and I'd rather learn on a real set of numbers than a blog post. 1962 office build…
I've run framing and concrete crews on apartment jobs for years, so schedule and hard costs I'm comfortable with. What I don't understand is the money side. I can tell you what a…