live deals, numbers on the table
Career changer, so treat my numbers as suspect and tell me where. A sponsor I've been tracking sent an LP deck on a 220 bed purpose-built property, four years old, walking distanc…
Say an investor has 60,000 that has been sitting in savings doing very little, and two months of looking has narrowed it to exactly two options. Both deserve someone hunting for t…
Sitting on 41 acres, split-zoned ag and rural residential, bought two years ago with the previous owner carrying 190k at 5.25%, seven year balloon, no prepayment penalty. I've got…
Career change in progress, zero deals, and I sent my first real lead to an investor I met at a meetup. Small single family, garage door caved in, grass to my knee, notice taped to…
A useful scenario for anyone working non-performing notes: a note purchased with UPB $103,200 and arrears at purchase of $19,400, bought at $47k. An as-is value of $158k comes bac…
Two columns side by side, and the second one keeps winning, which usually means it was built wrong. Column one, a duplex at $340,000. Gross rent $2,850 a month, so $34,200 a year.…
A woman down the road from my first rental is moving in with her daughter out of state. Her loan is at 3.5%, balance around $214k, payment $1,610 with taxes and insurance escrowed…
Here is a set of logs worth working through. Say someone with no deal of their own helps a wholesaler with dispo for free, to see the buyer side before ever signing a purchase con…
Take a small town of about 4,000 people, an hour from anything, a three bed one bath house at 1,080 square feet bought at 61k off a probate that had been listed and expired twice.…
Working up a valuation on an 11-unit I've been asked to list, and the gap between the rent roll and the bank statements is bigger than anything I've seen. Rent roll says 9,100 a m…
There's a cleared lot two streets over from a subdivision that finished last year. Asking 78k, flat, water and sewer in the street per the listing. I've never built anything. I've…
Take an investor holding a PPM for a closed-end timberland fund, ten year term with two one-year extensions, and running it against a 400-odd acre direct purchase. The question is…
1926 bungalow, 2 bed 1 bath, 168k, my first rental and I've been reading about screening for a year while apparently not reading enough about inspections. Inspection was 475 and t…
I've got 3k I can commit and no property, no experience, and a lot of tabs open, so this is my first move of any kind. What I've found: one platform will let me into a pooled fund…
First time trying this so bear with me. I found a fourplex at 519k, four two-bedroom units, currently rented at 1,100, 1,125, 1,100 and 1,050. I was going to do FHA at 3.5 percent…
Take a four unit BRRRR bought at 265k with a hard money bridge, 82k of rehab across all four units, all in near 360k, with a bridge maturing in seven weeks. Stabilized rents at 1,…
Six months of building models, no deals yet, and I want to stop being wrong about this line before I write offers. Here's my monthly carry sheet on a hypothetical 2.6M purchase in…
A recurring friction point in transactional funding shows up when the closer and the funder disagree on the escrow instructions themselves. Take a file set to close in a few busin…
Consider a service business owner, several years running a crew, who has spent that time inside other people's renovations without ever owning one. Now there's a 1960s split level…
Picture a rural county of roughly 9,000 people, a letter sent to heirs, and a call back from a woman who inherited her uncle's place. Three bedroom farmhouse, 1,900 square feet, o…
One for every strategy in the guide. Each has its own discussion, live deals, outcomes and polls.
