someone asked, the room worked it out
Agent walked me through a 4 bedroom near a state school, rented by the bed, and the lease he showed me runs August 18 to May 22. So on paper that's nine months of rent and three m…
An assignment of a small industrial flex building has come my way and I'd be the end buyer, 22k square feet, three tenants, contract price 1.4m, assignment fee 85k. I plan to fina…
Take a listed property under contract at 212k with a same day resale planned at 235k. The listing agent learns about the second closing and tells the wholesaler she has an obligat…
Numbers as they stand. I drive roughly 20 hours a month and pull a list of pre-foreclosure and long-vacant records, about 300 records filtered down to 40 submissions. I send the s…
Off-market deal, seller's agent sent terms before anything is papered. Purchase price is going to land around $6.4M. My buyer-broker agreement with the client is 2.5%, so $160,000…
Numbers first. Bought at 145k, budgeted 55k on the rehab, actual spend landed at 73k. Most of that was a sewer lateral nobody caught and a roof that went from patch to full tear-o…
For a new agent deciding which side to point at, the story repeated constantly is that the settlement hit buyer agents and left listing agents alone, so build a listing business a…
Trying to size up the service side before I put money anywhere near it. I've seen a provider quoting $150 per property marketing package and another quoting $1,200 a month for wha…
The offering doc for a public non-traded REIT I'm reading caps share repurchases at 5% of NAV per quarter, with the board able to suspend the program entirely. Say the fund holds…
I'm reading a sample rent-to-own agreement someone posted and three different words seem to be doing the same job. There's a $5,000 "option fee" up front, then $200 a month descri…
Take a county seat, population 9,100, county total around 31,000. Census-type numbers put the 65-plus count in the county at roughly 4,100 and median household income for 65-plus…
A few deals in and I'm hitting a ceiling on dispo, so I'm looking at JVing my contracts out instead of sitting on them. Before I commit I want the real cost sheet. I've seen peopl…
I've been calling absentee owners for a few months and mostly getting hung up on, but one guy actually said he'd take a number that seems workable to me. And now I'm sitting here…
Typical numbers on a 40-space lot doing about $8,000 a month gross. Option one, a full gate and kiosk setup, $42,000 installed plus $600 a month for the software and support. Opti…
I'm looking at backing a two-person brokerage that wants to move most of its volume to investor loans, and I can't get the revenue model straight in my head. On the conventional s…
I co-host nine cabins inside a six mile stretch of the same lake town, all on 18 to 20 percent of revenue. Each one has its own base price in PriceLabs, all of them run a 2 night…
I shoot walkthrough video for three agents. $350 a listing, tripod and gimbal, one vertical cut plus a 90 second horizontal edit. One of them asked me to come down to $200 because…
Take a triplex where a single boiler feeds all three units. Anyone with construction experience knows what that boiler costs to replace, so the capital side is not the scary part.…
Anyone reading the paperwork side of voucher housing before looking at a property runs into documents that seem to overlap. The voucher itself, the HAP contract and the tenancy ad…
A typical land loan term sheet on a 12 lot split carries a partial release clause: lots are released at 115 percent of the pro rata loan amount, and the borrower must maintain a m…
One for every strategy in the guide. Each has its own discussion, live deals, outcomes and polls.
