Software for four doors, or is a spreadsheet fine?
I'm circling a fourplex and trying to figure out the running costs that aren't the mortgage. Every video I watch has someone pushing a property management app. My spreadsheet alre…
All 132 real estate strategies.Every room answered.
Start with a RE category
Next, pick a strategy
Then pick the type of post
someone asked, the room worked it out
I'm circling a fourplex and trying to figure out the running costs that aren't the mortgage. Every video I watch has someone pushing a property management app. My spreadsheet alre…
I run small multifamily and every unit has taught me something, mostly about shared systems. Now I'm looking at a detached house for the first time and I want to know which of my…
Term sheet in front of me from a small fund buying rentals. Structure: $8,000 per closed acquisition, target 25 a year, I'm exclusive to them in three counties, no retainer, no re…
Running the numbers on a unit I've been modeling. Unfurnished market rent about $1,600. Furnished mid-term comps in the same building sit around $2,300, so a $700 premium. On pape…
Contract at $185,000. My ARV was $260,000 built off photos and a data platform estimate, repairs guessed at $45,000. I had a buyer at $200,000 verbally, so a $15,000 spread. Buyer…
Building is about 6,200 sf. Two storefronts on the ground floor, roughly 1,500 sf each, four apartments over them. The listing calls it mixed-use and the broker keeps saying the a…
A listing agent in Iowa sent me a 78 acre tillable parcel and the sheet says "cash rent $285/acre, tenant in place." Then a farmer I talked to at the co-op said cash rent is for a…
I went out for two hours and wrote down 11 houses and honestly I'm not sure any of them count. One had knee-high grass. One had a rolled-up newspaper thing on the porch but the ca…
Building a service business helping owners set these up and I want to know where the structure breaks before I put my name on it. The version I keep seeing pitched: 60-month term,…
A pitch landed in front of me for a "full-time real estate VA" at $1,600 a month, 40 hours a week, cold calling and CRM cleanup. Then I went looking on a freelance job board and f…
Construction background, learning the investing side, and I've been pricing out education. In one week of looking I got quoted $997 for a course, $12,000 for what was called a men…
I'm under contract on a 1920s house that's been rented by the room for years without a license. Six bedrooms upstairs, two down, one kitchen, two full baths. Gross on the rent rol…
Working through a structure and I want to know if it's even legal ground before I take it to anyone. Buyer agent has a signed agreement with me at 2.5%. I put a property under con…
Running numbers on a $300k rate-and-term refi in a filed-rate state. Loan policy comes in around $1,000 to $1,400 depending on underwriter and endorsements. The attorney opinion l…
Looking at a pool of seasoned performing seconds, and the pricing convention in it is bothering me. The tape prices them around 88 to 92 of unpaid balance, which for a note at 9.5…
I own small multifamily and every unit I've added has taught me something, so I'm trying to read a 6-bed RAL the same way and it won't sit still. House is $520k in a decent suburb…
I'm studying for the Part 107 while I finish my license paperwork, and I've been pricing drones. Every list I find stops at the aircraft, which reads like the smallest part of it.…
I'm reading through a sample land contract someone posted and the interest rate line is the one I keep coming back to. The example had 9.5% on a $22,000 balance over 10 years. My…
Everything I read about mid-term rentals spends four paragraphs on the rent premium and one sentence on "marketing to the niche tenant base." That sentence is doing all the work a…
Underwriting a 300,000 gsf 1970s tower being marketed for conversion. Sponsor's numbers, roughly: acquisition $60/gsf so $18M, hard costs $230/gsf so $69M, soft at 18 percent of h…