live deals, numbers on the table
Take an operator who underwrites every deal that comes in and keeps a clean record of lead source and outcome. A year end cut across 140 leads from four sources can turn up an unc…
Take a management book of plain long-term rentals charging 8% of collected rent plus one month leasing fee per new tenant. That structure breaks the moment a unit turns five times…
@sonia_alvarez a transactional funding request structured as A to B at $118,000, B to C at $139,000, same day, same title company, with the wholesaler requesting $121,500 to cover…
Picture a corner building under contract at $1.15M in a walkable inner-ring suburb, closing in five weeks. Six one-bedrooms upstairs, all leased, average $1,050 and probably $100…
A live scenario worth working through: 240 tillable acres in a corn and soy county listed at 8,400 an acre, well above a regional cropland average closer to 5,830. The seller's ca…
I've done this four Saturdays running and I want someone to tell me it's not a hobby. Setup. Rural county about 90 minutes out, land and the occasional beat up house on acreage. I…
Bought a 4 bed to flip, ARV penciled at $320,000 going in. Two appraisals during the reno came in at $293,000 and $297,000, and I'm all-in at $271,000 including a $19,000 overrun…
Here is a live question the room can work through, since the math is not obvious in either direction. An owner of four small rentals spends maybe ten hours a week on work that sho…
A guy with a real audience, maybe 30k email list, runs a $4,000 program on buying small service businesses adjacent to real estate. He wants me to build and deliver a four-week mo…
Take a house listed as a licensed rooming house with established rents: 6 bedrooms, two full bathrooms, one shared kitchen, one common room, asking 340k in a small city near a uni…
I'm stuck on this and I've rewritten this addendum four times now. I want to sign an exclusive twelve month buyer agreement with one agent. She's earned it, she's fast, and exclus…
I finish my producer licensing in about six weeks and I have agency appointment paperwork from two underwriters sitting in front of me. They are not close on terms and I can't tel…
Say a seller offers four seasoned performing first lien notes as an all-or-nothing pool, total UPB 312,000, blended ask of 86, or 268,320. Note A: UPB 96,400, coupon 8.5 percent,…
This is a scenario worth thinking through carefully before committing capital, since the assumptions carry more weight than they first appear to. Take a 302 unit, 1998 vintage pro…
First one, nothing signed yet, and I want the number for the day before the first resident moves in rather than the stabilized number everyone posts. What I have written down: Pur…
Take a case with numbers, since the shape of the problem matters more than any single builder's story. House A: 2,100 sf, framed and dried in three weeks prior. Lot cost 95k, hard…
A scenario for the room. Parcel is 9.6 acres, under contract at 61,000, penciled at 84,000 to a small builder who wants three lots out of it. Then the zoning table gets read prope…
Under contract on a 1,480 square foot three bed two bath in a 1978 tract subdivision, midwest, inspection cleared with nothing structural. Original kitchen, carpet over slab in th…
Here is a scenario worth working through for anyone looking at debt offerings on a crowdfunding portal. Take a first position mortgage offering. The minimum is $10,000, the rate i…
Closed a flip three weeks ago, $118k net after everything. My next acquisition is probably 8 to 14 months out because the wholesalers I use have gone quiet and I'm not paying reta…
One for every strategy in the guide. Each has its own discussion, live deals, outcomes and polls.
