I've now read the phrase secured power about forty times in various writeups and every single one treats it as the thing that makes an asset valuable, which I believe. What I can'…
My monthly software bill has crept up and I can't tell what's earning and what's just sitting there. Right now I'm paying for a data platform, a skip tracing account, a dialer wit…
Working through sizing and I keep landing somewhere unsatisfying. Say 400k to deploy over roughly three years, minimums of 50k, so call it eight positions. If I spread eight check…
I'm looking at a small rental off one of these deal marketplaces. Listed at $142,000 and then further down there's a line saying a $10,000 buyer premium is due at closing, payable…
I do a lot of due diligence on passive positions and I've started noticing distressed houses near the ones I look at. A friend who flips said I should just send them over and he'd…
I'm on three sponsor email lists and all three found me through paid ads. Someone in another thread said the better deals never get advertised at all because of a rule about needi…
Looking at a listing that's advertised as rent-to-own. House is priced at $240,000 with a three-year option, rent is $1,650, and $300 of each month's rent is credited toward the p…
Long holds and land are my thing, so I've never had to care where leads come from, they came from letters I wrote myself. But I've been asked to help someone price out the back en…
Sitting on capital and trying to build a filter for which campuses are investable at all, before I look at a single building. I have enrollment history, admit rates and net tuitio…
Deal is $620k purchase, $180k rehab, so $800k all in. Senior hard money is 75% of total cost, $600k, funded in draws. Sponsor has $100k of his own. My piece is the last $100k, mos…
This phrase keeps showing up in the compliance chapters I go through and nobody defines it in a way I can act on. If I have a house under contract at 180 and I want 195, at some p…
A friend who does renovation work wants to do a version of this together, and most of my money sits in passive deals. He'd run the buy and the rehab, I'd fund the acquisition and…
One video said a wrap and subject-to are basically the same deal with different paperwork, and another said they're completely different and the difference is whether a new note g…
Right now I have two investors who each pay me $1,000 flat when they close on something I found. I don't contract anything, I don't talk price with owners, I hand over an address,…
Working out what a first non-performing note would really cost me end to end. The note price I understand. Then someone told me I need a licensed servicer and can't take payments…
Two funds sent me materials and the numbers don't line up in my head. One says minimum commitment $250,000, the other says $50,000, and a third product a broker mentioned apparent…
Before I go looking at houses I want to know what the closing itself costs, because the courses all talk about buying with no money down and then never mention the desk fees. What…
I've been talking to two acquisition people who both said the same thing: they hate the selling half and would pay someone to handle it. My side of it would be taking their signed…
I manage about forty doors, a decent slice of them owned by people running the buy-rehab-rent-refinance loop, and the rehab specs come in two flavors. One group does the cosmetic…
I've been pricing a couple of vacant lots and every builder I talk to quotes a different cost per square foot for what sounds like the same house. One said 145, one said 190, and…