I'm working through licensing on the service side and looking for something to build around. Three separate conversations in the last month with people buying liens at volume ende…
Ran into this twice in the last month and I still don't have a settled position. Setup: my name goes on the purchase contract, I found the seller, my partner is bringing the buyer…
For an investor opening a brokerage account with a modest sum to put toward real estate exposure without buying a building, the two paths are usually a broad REIT index fund or fi…
Studying for my license now and most of the material is about representing buyers and sellers. Nothing in it touches REITs, which made me wonder whether buying them for my own acc…
Closed on 40 acres of mostly wooded ground with road frontage, 240k, in a county two hours from where I live. Compensation structure: flat 6,500 to my broker, agreed in writing be…
Buyer representation forms across brokerages carry language that deserves a plain reading rather than the form's own phrasing. Three things worth stating plainly rather than in th…
For anyone pricing a voucher compliance service for small landlords, two questions tend to determine whether it is a real offering or a guess. On cost to participate: most public…
I've got seven doors, mostly small stuff I bought and fixed over the last three years, and two of them are killing me on turnover. One has had four tenants in 26 months. Every tur…
Getting my license and doing a lot of reading on the side, and BRRRR keeps coming up as the thing people do when they don't have much money. But every worked example I find starts…
I lent 50k as a second position note into a BRRRR on a small single family, 12 percent, interest only, 12 month term, repaid from the refinance. Monthly interest arrived on time e…
Take a 1960s three bed in a working-class suburb bought with the plan of holding it long term. Inspection scope comes back around $64k in materials and trade labor: kitchen, both…
A common decision point when hiring a marketing agency for owner lead generation is choosing between a proposal promising a fixed lead count, say 25 qualified leads a month or the…
Building a buy list for room rentals runs into the same wall repeatedly: four bed houses are easy to find, but knowing which ones can legally be rented by the room is a separate p…
A guy I had done subcontract work for bought a 1958 ranch, three bed one and a half bath, in a decent working class pocket. Purchase 168k, his money, his loan. I did the rehab: fu…
Take a BRRRR deal worth modeling two ways. Purchase at 110,000, rehab at 50,000, 160,000 all in. ARV at 205,000, refinance at 75 percent gives 153,000 back, leaving 7,000 in the d…
Three previous BRRRRs left me with capital stuck in all three. This one didn't, and the difference was almost entirely that I underwrote the after repair value low on purpose and…
Consider a hypothetical aggregation of 12 parks, roughly 1,050 pads, mostly 1970s builds in secondary midwest and southeast markets, master metered water, expense ratio around 44…
My agent asked what the top of my budget is. I said $260k and my actual ceiling is closer to $310k on the right building. I held back because I've watched a friend get walked stea…
For owners of voucher units, the requested rent amount is one of the more contested decisions at lease-up and turn, and two defensible strategies both work in practice. Asking the…
Say a first purchase has narrowed to two single family houses, both around 1,100 square feet, both older, with Section 8 in mind for the payment reliability. Cosmetic items are ex…