someone asked, the room worked it out
I've got a duplex under contract and a property manager telling me the housing authority inspection is "free and pretty easy." That doesn't square with a landlord I talked to who…
I'm looking at a place where the listing says duplex, two units, separate entrances. The county assessor page calls it a single family residence with an accessory apartment. When…
A photographer I know through an agent I've worked with is looking for money to buy a second 3D capture camera plus a laptop, call it $6,000 to $7,000, and pay it back out of shoo…
A claim that circulates in small wholesaler groups is that four people split one CRM seat and one skip trace account and the whole thing comes to about $99 a month across all of t…
Reading through the definitions, it looks like two different things got filed under one name. Buying a fourplex with FHA money and occupying a unit is a financing structure with d…
My first rental is close and I've been building out my screening process, criteria in writing, same questions for everyone, documented reasons for every decision. Someone in anoth…
A common sequencing plan is to run the live in then rent chain through 2 to 4 unit buildings instead of houses. One building a year, live in a unit, then rent the whole thing out…
Everything I read about timberland is written for people buying 20,000 acres. I'm at the other end. What's the realistic smallest way in, and what are the ongoing costs nobody lis…
Take a 12 unit value add. Total cost $2.6M, senior bridge $2.1M, sponsor equity $250k, and a $250k gap piece on top. Projected 18 months to stabilization, and the exit is a sale w…
Got an OM for a 110-key limited service hotel. Price is 9.9m, and then near the back there's a line that says "PIP est. 4.2m" with no backup at all. When I asked the broker about…
A fair question that investors ask often. If the buyer already knows the market and has a rehab number from a contractor and a rent figure for the unit, what is the 2.5 percent bu…
First purchase, probably a small rental rather than a house to live in. I've got calls booked with three agents and I realized I have no idea what separates a good one from a bad…
Consider a 2,400 sf drive thru restaurant box with 12 years remaining and 10 percent bumps every five years, at an asking price that puts it around a 6.4 percent cap. The offering…
Picture a sponsor with 18 LPs across two deals running the whole thing on a spreadsheet plus mail merge for distribution notices. It works until it doesn't. The failure mode is se…
I said yes on the call like I knew, then googled it after. I think it just means what kind of property I want? But every example I find online is a spreadsheet with a dozen rows a…
FHA loan, $265k balance at 3.25%, payment $1,870 with taxes and insurance. Seller is relocating and her loan officer is counting that full payment against her debt-to-income, so s…
I've been reading in this room and in the capital section, and the phrase that keeps coming up is that seller financing is taking off because rates are high. Makes sense on paper.…
Take a small 6,000 sf urgent care building, asking $2.4m. The broker's flyer says NNN lease, which a first time buyer reads as the tenant paying everything while the owner collect…
The commission math on dual agency deserves a closer look. The pitch sellers repeat is that if the listing agent finds the buyer, everyone saves, because there is one agent instea…
I do HVAC work and one of my regular customers owns maybe fifteen rentals. He said he'd pay me $7,000 a house if I brought him ones he ended up buying, since I'm in basements all…
One for every strategy in the guide. Each has its own discussion, live deals, outcomes and polls.
