someone asked, the room worked it out
Take an investor with about $50k to place passively who keeps hearing that mobile home parks have the best cash flow characteristics in the sector. Everything they find is either…
Here is the ending that trips up most first-time lease option sellers: the tenant-buyer does not buy. Say a landlord with a duplex unit is asked by the tenant whether she could bu…
Trying to figure out the actual line items on the seller side. My understanding is I hand over a deed, get a note back, and then money shows up monthly. That can't be free. So: wh…
Something that does not come up when people compare a fourplex to four houses: in a fourplex the tenants share space, and they compare notes. Parking spot two is closer to the doo…
$465k, 3/2, walkable to the main street of a small tourist city. The city licenses short-term rentals annually and caps non owner occupied licenses at 4% of the housing stock. The…
An agent sells a house and gets a commission. A wholesaler assigns a contract and gets an assignment fee. In both cases somebody got paid for arranging a transaction they did not…
Run the numbers on sitting on the funding side of these rather than owning anything. A funder quoting 2 percent flat on a $200k A-B leg collects $4,000 for money that is out maybe…
I've been modeling a $400k gain going into a single-asset fund. The building I keep coming back to is a 1960s two-story retail block, asking $520k, and about $300k of that looks l…
Take a wrap where the headline spread is misleading. Underlying: 218k remaining at 3.9, roughly 22 years left, payment 1,430 plus escrow. Proposed wrap: 265k at 7.25 over 30 years…
Got two management proposals on a small portfolio and I can't make them line up. First one: 8 percent of collected rent, $0 setup, one full month for a new tenant placement, $200…
Working through a quarterly report on a bridge fund. The credit summary says zero loans 60 days delinquent and zero in foreclosure. Then the loan schedule shows 15 of 62 loans wit…
A pattern worth knowing before calling for a quote on a room-by-room rental. Take a four-bedroom house where the bedrooms will be leased individually. The first thing the agent as…
Running numbers on single-note purchases in the $40k to $70k price range and the friction is worse than the models I've seen assume. Between the transfer fee to move a loan to my…
Two things trip up almost everyone in their first afternoon with REITs. First, a REIT's price-to-earnings number looks absurd next to normal stocks, and the standard advice is to…
A question that rarely comes up until someone is mid-process: does a wholesaler need insurance before they own anything? The activity is putting properties under contract and assi…
I've held land for a long time and the part of this program that interests me is the ten year piece, where I keep reading that the appreciation on the new investment comes out wit…
Two multifamily deals on one of the bigger portals carry the same gray banner across the invest button: accredited investors only. Plenty of capable investors do not clear that ba…
Consider a done-for-you dispo and transaction coordination service for wholesalers at a flat $1,500 per closing. The work is taking their signed purchase contract, sending it to a…
The fee side deserves the numbers before anything else. Say an investor puts in $50,000. What comes off the top before a dollar reaches a building, and what comes off every year a…
Take a detached 700 square foot ADU going behind a house, plans close to done. The electrician prices a second electric service and meter at about $9,000 including the trench and…
One for every strategy in the guide. Each has its own discussion, live deals, outcomes and polls.
