I put a pref deal on my list without knowing it was a pref deal
Been building a list for about eight months. Mostly small multifamily, a couple of mixed use things I probably can't afford. One of them came to me through a guy who does financin…
All 132 real estate strategies.Every room answered.
Start with a RE category
Next, pick a strategy
Then pick the type of post
the tenant, the seller, the sideways closing
Been building a list for about eight months. Mostly small multifamily, a couple of mixed use things I probably can't afford. One of them came to me through a guy who does financin…
Third house of the year, small three bed, bought at 96k, put 41k in it, rented at the number I underwrote. Appraisal came back where I wanted it. I was in the boring part of the f…
I've held land for eleven years and I've never had a tenant, so paper was always going to be the next thing I tried. Same shape as what I already do. Wait a long time, collect som…
I've been circling my first purchase for a year and a half and I finally did something other than read. The housing authority in the county I'm shopping runs a briefing for owners…
I've got a list of maybe forty houses I'm tracking and none of them are mine yet. One of the sellers I've been talking to, older guy, four rentals, told me on the phone that half…
Somebody I know through a lender wanted a second set of eyes on a flip he was already halfway into. Big house, close to 8,000 square feet, dated in the way that expensive houses g…
Eleven units, one owner since 1996, listed by a broker who clearly had never seen the inside of the books either. I asked for two years of profit and loss statements and trailing…
I was at an open house on a Sunday, mostly for comps, and the seller was there instead of staying away like sellers are told to. Everyone left, I was writing notes in the driveway…
Nine years in the same three bedroom ranch, and the rent went from 950 to 1,150 across the whole stretch. That number tells you exactly how much attention I was giving that house.…
I've had six months of research and no deals, so to stay busy I've been going to open houses well above what I could ever buy, because I wanted to see what a finished luxury flip…
I'm building out a service business around unit turns and small repairs, and part of that has been sitting down with landlords and asking what they actually want to pay someone el…
Refinancing a small rental I've owned a while. I had budgeted for the appraisal, maybe five hundred, and I'd blocked out an afternoon to be there. Then the loan officer emails and…
Meetup, back table, guy I'd never met. I said something about not understanding where all the money in a big deal comes from and he flipped over a napkin and drew three boxes stac…
This one still bugs me a year later so I'm writing it down. Probate house, nice bones, one of those deals where the spread is wide because nobody wants to deal with the family. I…
I went into a small bank branch to ask about a loan on a piece of land, which is my whole interest here. The officer was working from a script and kept using words I didn't know,…
Neighborhood thing, paper plates, somebody's kid running around with a hose. I mentioned I'd been looking at real estate and a guy I'd met twice said he was raising for a bridge p…
We manage nine furnished units for two employers and a relocation firm, and the one I think about was a four-week placement that turned into a complaint I never got. Project team…
I went to a coffee thing where people talk about investing, mostly to listen. A man across the table asked what I was reading about and I said the buy, rehab, rent, refinance, rep…
Developer on a small infill project, eleven units, wanted marketing footage before the last two buildings were framed. So the shoot got scheduled for a Thursday and my job was to…
I read two data center REIT annual reports over three weeks. Read each one twice, because that's how I do everything. Somewhere in the second pass I started counting words, and th…