every post in the forum, newest first
Worth studying because the process followed the textbook order and still failed. Take a 1.1 acre parcel in a first-ring suburb, current zoning allowing six units, comprehensive pl…
Development sponsors are a genuinely underserved client type for a lot of ancillary service businesses, mostly because their needs are lumpy and specialized rather than recurring…
Running numbers on a four unit where three doors would go to vouchers. Payment standard in that submarket lands around 1,240 for a two bed. Market rent on the same unit, from comp…
The operating agreement said my membership interest was 25 percent. It did not say what I gave for it. That sentence is the whole loss. Deal shape: 33-lot park in a small market,…
Been doing rehab work for years so my phone is full of people who buy houses that need work. Actual buyers, people who have paid me to swing hammers on their projects. A wholesale…
Coming from renovation work where I can point at a wall I built, this model confuses me. I've been reading about wholesalers who only do dispo, and as far as I can tell they don't…
A property manager considering annual condition walks across a large portfolio, say 140 doors at roughly 180 a visit with photos and a punch list, runs into a structural conflict…
A listing agent I do trim and cabinet work for asked if I'd walk her sellers' houses a week before listing and hand them a written punch list. Her pitch is that she gets fewer sur…
Take two RV park candidates of similar size and similar price, with income built in opposite directions. Park A has 58 sites near a well trafficked outdoor area, with about 85 per…
I'm working out what a first deal costs me, and parks keep coming up as the thing with the best numbers. Low expenses, tenants who can't afford to move, demand going up when the e…
The lease is 2,400 square feet at 1,900 a month, three year term, personal guarantee, plus about 400 a month in utilities and insurance based on what the landlord's other tenant t…
General liability typically covers property damage at the house and slip and fall type claims, and commercial auto covers the truck, but neither of those usually extends to invent…
A common arrangement in reverse wholesaling is a repeat buyer, taking a steady volume of deals a month, wanting a wholesaler sourcing exclusively for them in a defined territory i…
I've been doing tile and some light plumbing for a guy who flips maybe six houses a year in my area. Last week on a walkthrough he said, half joking, if you find me another one li…
Say page 14 of an HOA declaration bans any lease shorter than six months. That single line is often the only thing standing between an investor and an offer on an otherwise workab…
Setting a minimum stay of 30 days has a real basis as an exemption, but it is not universal. Many cities do define short term rentals by length of stay, often anything under 28 or…
Here is a loss that shows up in call center service businesses, laid out with its numbers. A client signs a twelve month agreement in January, and the verbal plan is to go from tw…
A common problem when running two calling vendors against the same territory, say pre-foreclosure plus high-equity absentee across two counties, is duplicate billing on the same o…
Say a buyer is under contract on a 1,280 square foot house on 6 acres in a county with maybe 90 arms length sales a year. Contract price 148k, cash out purchase money loan behind…
Two numbers in this room don't fit together for me. A single family appraisal is $300 to $600, and AVMs or property condition reports already sit on something like 35 to 45 percen…
One for every strategy in the guide. Each has its own discussion, live deals, outcomes and polls.
