Estate duplex, three heirs, the PR is the eldest daughter and lives out of state. ARV around 215k, my number is 155k. Unit A has a tenant at 675 a month on a verbal month to month…
Not doing a deal. Somebody in a local group shared an anonymized wrap note and deed of trust package as a teaching example and I've been going through it clause by clause, which i…
I'm looking at a wrap as the buyer, and the construction habit is making me ask the wrong-sounding questions. If the seller's mortgage stays in place, whose name is on the deed af…
Someone asked me at a meetup whether they should learn the opportunity zone rules first or go look at buildings first, and I gave a bad answer, so I'm putting it here. The case fo…
I want income without a second job, so I've been slow about all of this. Signing up for buyer lists was supposed to be research. What I did. Last spring I got on four wholesaler a…
Underwriting is what I do, so I want the mechanics rather than the encouragement. If I bring a contract to a network member and their buyer closes, who decides the split. Is 50/50…
Seven of us, all part-time except me and one other guy. We've been running a shared Airtable of buyers for about a year. 340 rows, but only around 40 have actually closed somethin…
I came into this planning to buy one rental. What I ended up with is a 5-unit in an older brick building, 412k, and the reason I am posting is the tenant files, because that is wh…
Tenant of five years asked to buy the house. Never late, not once, has the rent receipts to prove it. We've talked around 410k, she can put 41k down, and she can't get a bank loan…
Selling a renovated fourplex I own free and clear. Buyer is a contractor, decent operator, thin on liquid cash. Terms we're circling: $425k price, $85k down, $340k note at 7.5%, 3…
I've spent a while trying to pick between buying a small rental and building a REIT position, and I've started to suspect that's a badly formed question. Either they're two routes…
I was pricing help for a small off-market list, mostly because I don't want a second job. A VA seat came back at about $1,500 a month for full time. Then a software rep quoted me…
Looking at a small VA agency serving real estate investors, 62 seats billed, asking around 2.4x seller discretionary earnings. Not a property, but it's the kind of service busines…
Story
I like documents more than I like houses, which is a strange thing to admit in here, so my version of touring a property is pulling whatever the county has and reading it on the c…
My firm does owner's representation and MEP coordination on renovation work. Last month we closed out our first conversion at real scale, a 1979 mid rise, 186,000 gross feet, 140…
I manage stabilized apartments, and an owner group has asked me to take on a converted office building post-completion. Reading their construction-period documents to understand w…
The absorption rebound everyone points to for 2026, the jump toward 220 million square feet, leans on three drivers: reshoring, manufacturing, and data-center-adjacent demand. The…
I'm building a spreadsheet for a first deal and I've got a line called "rehab" and a line called "contingency" and nowhere obvious to put $3,800 of hauling somebody's furniture ou…
This is for anyone on the service side thinking about apartment work, because the mistake was simple and I made it anyway. A make-ready, or a turn, is the work done on an apartmen…
I wanted income and no second job. What I bought is nine apartments over two ground floor bays, 3,100 sf total commercial, one bay a physical therapy practice and one a small bake…