I'm still building the owner list rather than managing anything, but every co-host I've talked to this month splits hard on the same question, so I want to see where this room lan…
Got a media quote back yesterday on a small flip and it was one number. $625, stills, walkthrough video, aerial, done. The pilot I used before that charged $340 for stills and vid…
Something odd came up when I was walking a place last week. The listing agent asked me what my plans were, and I said I'd be living in it and fixing it up over a couple of years.…
This split my last two conversations and I still don't know where I land, so I'll put both cases down as fairly as I can. The setup for anyone new. Subject-to means the deed comes…
Modeling exit on an aggregation and I can't get the room's consensus and my own math to agree. The consensus is portfolio premium. A buyer paying $90M for 14 stabilized parks with…
Reading a proposal for a build across a small portfolio and the deliverables section is all nouns. Pipelines configured, sequences written, integration connected, training session…
I have a buyer who flips maybe eight houses a year and he agreed to a call on Thursday. The plan is to ask what he buys, write it down, and go look for it. Standard reverse order…
What I keep going in circles on, after six months of research and no deals, is which end of BRRRR to shop from. One way to look at it: the discount is where the money is made. You…
Two buildings I've read files on recently, and the people advising each one were confident in opposite directions. The office case: 1960s three story, roughly 12,000 sf floor plat…
I've been building a comp file while I look for my first couple of deals, and I can't get the two claims about staging to sit in the same model. Claim one is price. Staged houses…
Talking to two owners this month who run the same size portfolio and hold cash in opposite ways. The first funds each house separately. Every property has its own account with rou…
First house is bought and I'm living in it, so the next decision is a year out but I want to understand it now. To buy rung two I need a down payment. Two ways I see people get it…
Six months in and the thing I still can't settle is whether the tax wrapper is worth what it takes away. Inside the IRA the compounding is clean, especially on interest, and passi…
9,000 sf, two story, was a furniture showroom until about 2016 and has been half empty since. Upstairs converts reasonably cleanly to six one bedrooms. The ground floor is the arg…
I've been reading through two phase one exit plans from developers in the same metro, similar lot sizes, and they've made opposite decisions on the same question. I'm still on the…
I work mostly on the debt side, so when someone hands me a deal the first question I ask is what happens if it goes badly rather than what happens if it goes well. Track record is…
I'm getting ready to list a piece of vacant land, gently rolling, mostly cleared, a seasonal creek along one edge. Nothing on it. No structures, no driveway, one gate. A local sho…
I priced out three ways to get notice-of-default leads in the two counties I can drive and the spread is bigger than I expected. Paid platform with daily pulls: about 129 a month,…
The recovery case rests on absorption overtaking deliveries and staying there long enough for rents to firm. Everyone models the pipeline contraction. Almost nobody models the res…
I've read the FHA multi-unit path a few times now and it makes sense to me: buy up to a fourplex, live in one, low down payment because you're an owner-occupant. Clear enough. Wha…