every post in the forum, newest first
First rental is a BRRRR I'm holding, and I've been so deep in screening reading that I've created a timing problem for myself. Market rent looks like $1,900. I have an applicant w…
Here is a case worth studying for anyone considering a first house near a large public university that has been growing. Take a single house half a mile from campus and follow it…
I do roofing and gutters, mostly repair work, so I'm on ladders looking at houses all day. Two months ago I bid a roof on a 1950s ranch, three layers of shingles, decking gone sof…
A common bird dogging setup: someone driving a three county area and pulling code violation notices generates maybe 30 to 40 names a month worth a call. Two investors want in. Inv…
A useful exercise for anyone who has only read about promotes in the abstract is to build a paper deal and pay the sponsor in the spreadsheet. Here is one to work through. Take 60…
I've got a small position in a pooled fund, about 2k, and it pays out quarterly. Last payment was $41. When I signed up there was a checkbox for automatic reinvestment and I ticke…
Every video about virtual wholesaling says you need boots on the ground. Nobody says what that person is, whether they're an employee, whether they get a cut, or what stops them f…
Consider an operator running remote contract assignments across two states, eleven months in, funding a small rental portfolio with the proceeds. A representative eleven month str…
A few deals in. What's happening is I bring things to buyers and they say close but no, and I burn my due diligence period finding out. My notes on each buyer say things like "SFH…
Take a reverse wholesaling scenario: a wholesaler lines up a buyer before securing a property, then drafts the paperwork in advance rather than under time pressure. The buyer is a…
A case worth studying closely, because the clause that did the damage was one the investor read and did not weigh properly. Take an LP who puts $150k into a six park value add dea…
Apartment management typically runs 4 to 5 percent of collected revenue, covering leasing, maintenance coordination, and the general scope of operations. Manufactured housing comm…
Take a duplex with a full-height unfinished basement, roughly 900 square feet, with a separate exterior entrance already in place. Framing a third unit down there might be straigh…
A subject-to deal is one of the fastest ways a course template can produce a costly outcome, and the failure pattern is worth laying out in order. Take a seller with a 3.1 percent…
A $1,900 quote covering LLC formation, an operating agreement, two deeds, and coordination sounds steep next to the claim that anyone can file an LLC for the state fee and a deed…
I had a flight booked to look at a suburban office-to-medical conversion where I'd been offered a preferred equity slice. Sponsor was good on the phone, the market made sense, and…
A case worth studying closely by anyone reviewing an operating agreement before wiring into a syndication: a 188-unit deal closed with bridge debt and a business plan that depende…
Two notes, offered the same week, tend to split a room every time they are described. First: a 41k balance on a 900 square foot house in a small town where the mill closed. The bo…
Someone with a construction background who has never had to outsource looking at a house may still end up doing exactly that when the deals landing are 600 miles away and not wort…
I'm buying a single family rental for $118,000 and the person who brought it to me lives about 900 miles away. He's never been inside. His numbers came with photos from a contract…
One for every strategy in the guide. Each has its own discussion, live deals, outcomes and polls.
