A common scenario: an owner has a three-bedroom sitting empty, wants it on Airbnb, and wants a co-host at 20 percent. Long-term rental experience teaches what turnover costs, but…
Say a wholesaler sends over a single family contract and asks for help finding a buyer, complete with 22 photos, a walkthrough video, and a repair estimate, for a property well ou…
Take a portfolio of 44 doors, mostly single family rentals and a few duplexes. An annual condition walk offered to every owner at $185 per unit, billed once a year, is a workable…
A useful example of paper-based double closing: a 1970s three bed on a slab, tired but dry, where the seller had inherited the property and was carrying a small mortgage on it. Co…
A few deals in and I am hitting the ceiling on leads that come from people I already know. So the next question is who runs the paid side. The case for doing it myself: the budget…
I hold about 30 acres of raw ground at the edge of a metro that got hit hard by the delivery wave. Three projects within two miles of me are either paused or dead, and the pipelin…
A typical franchise structure runs around 6 percent of gross commission plus a monthly fee and a marketing contribution, in exchange for the brand name, a training library, a refe…
I've got a few rentals and I'm hitting a wall on down payments, so the ADU thing looks like a way to add a unit without buying more dirt. My own house has a detached two-car garag…
Bought a 1940s house last spring with a full basement, 7'9" ceilings, separate side entrance already there. The plan was a one bedroom basement ADU, rent it long term, keep living…
Consider an outbound VA program run for eleven months before being shut down, useful to study because the failure was structural and often isn't visible until well into the run. A…
Working through whether "AI-augmented" is a real reprice or just vendor capture is worth doing with real numbers. Take a seat that costs $7.50 an hour fully loaded and bills at $1…
Helping on the paperwork side of a small flip and the general contractor's proposal asks for 40 percent at signing, 40 percent at what he calls substantial completion, 20 percent…
A common first-timer situation: someone from outside the trades tries a cosmetic flip solo, and two questions rarely get a clear answer. First, the house sits empty while paint an…
I'm still working out what the first deal costs me, and one of the line items I keep moving around is a part time VA. Budget is about $700 a month, so 15 hours a week at agency ra…
Story
A woman from my book club refinances houses for a living, and when I asked how the appraisal part actually works she told me to come watch one instead of reading about it. So I sa…
Reading this room for a few weeks and there are two clearly different practices in it and both are defended by people who've done more than I have. The first says: most certificat…
Comparing brokered loans against direct-sourced loans on flip and BRRRR refinance files over time tends to surface a clear pattern. Brokered files often average a slightly better…
A land specialist skeptical of luxury agents can learn something from watching a co-listing work in practice. Take a 38 acre parcel at the edge of a submarket where finished house…
Worth studying as a cautionary example for first time buyers. Take a two bedroom condo in a 1980s complex listed at $189k, purchased without buyer representation. The listing agen…
$25k into a small hotel LP two years ago. 96 keys, limited service, sponsor with three prior properties. I did what I thought was careful diligence, which for me meant reading the…