someone asked, the room worked it out
A friend pointed me toward holding a small rental inside a Roth vs a traditional IRA and I got stuck on the far end of it. If the account has to start paying me out at some point,…
A common fork for a wholesaler running two campaigns and drowning in follow up. One VA shop wants $1,500 a month flat for a "dedicated seat, full time, 40 hours". The other quotes…
A 40 agent brokerage sends a photographer its standard agreement. Volume would be 30 to 45 shoots a month at $200 flat, interiors plus exteriors, drone extra. The paperwork is whe…
Thinking a year out about this strategy is more useful than thinking about one house. The reported first quarter numbers have foreclosure starts up 20 percent year over year to ro…
I run renovation scope for other people. Every week I drive past three or four houses that are obviously in trouble. Tarp roof, mail piled up, a dumpster that's been full since fo…
A scenario that comes up on the systems side. An investor hires an unlicensed consultant to build out lead intake and follow up for acquisitions. The consultant discloses up front…
Take a landlord with eleven units across two states running leases off a $199 template pack. A drafting tool now produces addenda that read better than anything the landlord write…
Looking at a listing for a small park on a state highway about 20 minutes from a lake. The sheet says 40 full hookup sites, 12 pull-through, rest back-in, and then in smaller type…
From the paperwork end, the textbook understanding of an assignment is that the wholesaler is selling a contractual position, the parcel itself is never what changes hands through…
Triplex at $410k, owner-occupied, I'd take unit 1 and the two signed leases on units 2 and 3 are $1,400 each. The appraiser's rent schedule came back at $1,150 market rent per uni…
I'm partway through the 20-hour SAFE course and an AE at a fix-and-flip lender told me to stop, that since all their loans are business purpose to entities I don't need an MLO lic…
Picture someone building a buyer list before chasing any property, sitting at eleven investors sourced mostly from two meetups and a couple of cash sales pulled from the county re…
Read enough hospitality term sheets from the credit side and one thing has hardened. Nobody sizes off cap rate or even off DSCR as the binding test anymore. It is debt yield, and…
Worth getting the terms straight before underwriting anything for a client. Say a wholesaler puts a house under contract at 150, assigns it to a buyer at 165, and also holds a sou…
Full gut on a 1950s ranch, cabinets are 3 weeks out, and the agent wants photos now to start building interest. Her suggestion was shoot the empty kitchen and have the photographe…
A line that often sits blank in a furnished corporate unit's operating expenses is software and services, because the real stack is less obvious than it is on a long term rental.…
Most of what gets written about opportunity zones talks about funds as if they were large institutional vehicles with a whole back office behind them. That framing does not help t…
Doing diligence on a sponsor's fourth offering, 12m equity target. Their prior three deals list one family office as the largest investor, and from the capital account detail they…
A structure showing up in offering memos now: the sponsor is buying the mortgage at roughly 55 cents on the dollar, the building itself never changes hands at the outset, and the…
Consider a 148 unit purpose built 55 plus community, no dining room, no care of any kind. In place rents average $2,150 and the sponsor's model runs total operating expenses at 32…
One for every strategy in the guide. Each has its own discussion, live deals, outcomes and polls.
