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Here's the deal I'm looking at right now. Purchase $118k, rehab budget $42k and I'll finish close to it, closing and holding another $8k, so all in around $168k. Appraiser's ARV o…
Small two bed one bath cottage in a working class part of town, the kind with a detached one car garage that leans. I paid 96k, budgeted 26k, and thought it was worth 165k fixed.…
A useful case for anyone carrying seller financing on a note they plan to eventually sell. A seller carries a balance at 8.5 with a twenty year amortization on a five year balloon…
Bought 47 acres of dry pasture at $4,200 an acre in 2018, $197,400 plus about $3,800 in closing and survey. Flat, cleared, a mile and a half from a substation on a line that alrea…
I have been mapping how the land guys I follow structure their lead delivery and there are two camps that both look defensible on paper, so I want to see where this room lands. Ca…
Say an investor with a recent capital gain, from a business sale or any other source, has 180 days to place it into a qualified opportunity fund and a documented plan with their C…
Consulting proposals for a portfolio review tend to follow the same structure. Data gathering, stakeholder interviews, scenario modeling, findings presentation. Many carry a limit…
Sat in on a call yesterday where someone was introduced as a real estate consultant and I spent the whole hour not understanding what he was for. He didn't sell anything, he wasn'…
I've been talking to a few homeowners about their backyard unit plans and I keep ending up as the person who calls the building department, collects contractor bids and keeps the…
Consider a property with a three bed house, attached two car garage, on a 7,200 sq ft lot in a neighborhood where zoning was changed to allow accessory units on most single family…
Consider a rollover IRA that's mostly idle, and a sibling who buys and rehabs small houses and could use funding for one. The instinct is to assume family is off limits here. The…
Licensing exam is in three weeks, so this timing is comedy. I've got 142k in a self-directed traditional IRA, mostly cash after a note paid off early. Sponsor I've known for a whi…
Been riding along on driving routes with an investor friend since summer, mostly to work out where I fit. He wants contracts. I kept noticing that most of the addresses he throws…
For anyone coming at driving for dollars from the paperwork side rather than the street side: a purchase agreement is straightforward. The part that gets glossed over is the middl…
I do renovations. Someone told me the natural next step from gut jobs is a small ground-up commercial shell, a 6,000 square foot retail building on a pad, because it's the simples…
Reading through a few quarterly decks, the yield sits on slide 2 but the thing management spends ten minutes on is book value per share and how it moved. One deck shows GAAP book…
Take an investor who nets about 90,000 dollars after closing on a small duplex sale, with two options on the table. Option one is applying it against a loan on a fourplex still he…
First and last time I played transactional lender without checking the far end of the chain. Deal came to me from a wholesaler I'd done nothing with before, referred by someone I…
Take a property manager who fields calls from owners wanting out from under a rental, and routes the ones who would rather sell than keep managing to two investors, receiving mana…
Take a marketplace built around an automated seller flow: a seller submits a property through a landing page, answers eight questions, gets an automated range based on comps pulle…
One for every strategy in the guide. Each has its own discussion, live deals, outcomes and polls.
