someone asked, the room worked it out
I'm on three sponsor email lists and all three found me through paid ads. Someone in another thread said the better deals never get advertised at all because of a rule about needi…
Take a listing advertised as rent-to-own. The house is priced at $240,000 with a three-year option, rent is $1,650, and $300 of each month's rent is credited toward the purchase.…
Long holds and land are my thing, so I've never had to care where leads come from, they came from letters I wrote myself. But I've been asked to help someone price out the back en…
Sitting on capital and trying to build a filter for which campuses are investable at all, before I look at a single building. I have enrollment history, admit rates and net tuitio…
A gap funding structure worth working through. Purchase $620k, rehab $180k, so $800k all in. Senior hard money is 75 percent of total cost, $600k, funded in draws. The sponsor has…
The phrase "market the contract, not the property" shows up in every wholesaling compliance chapter and nobody defines it in a way that can be acted on. Say a house is under contr…
A friend who does renovation work wants to do a version of this together, and most of my money sits in passive deals. He'd run the buy and the rehab, I'd fund the acquisition and…
One video said a wrap and subject-to are basically the same deal with different paperwork, and another said they're completely different and the difference is whether a new note g…
Right now I have two investors who each pay me $1,000 flat when they close on something I found. I don't contract anything, I don't talk price with owners, I hand over an address,…
Working out what a first non-performing note would really cost me end to end. The note price I understand. Then someone told me I need a licensed servicer and can't take payments…
Compare the materials from two debt funds and the numbers don't line up on first read. One says minimum commitment $250,000, the other says $50,000, and a third product brokers me…
Before anyone goes looking at houses for a subject-to purchase it's worth knowing what the closing itself costs, because the courses talk about buying with no money down and never…
A structure that comes up often: two acquisition people who hate the selling half and would pay someone to handle it. The dispo person's side would be taking their signed contract…
A pattern any manager running forty or so doors will recognize, with a decent slice owned by people running the buy-rehab-rent-refinance loop. The rehab specs come in two flavors.…
Anyone pricing a couple of vacant lots runs into this. Every builder quotes a different cost per square foot for what sounds like the same house. One says 145, one says 190, and a…
The dispo side draws a lot of small landlords because it looks like the part of wholesaling that doesn't require cold calling anyone. Everything written about it says the whole mo…
The feature that draws most people to timber is the ability to not cut when stumpage is bad. That deferral option is the thing actually being bought. At roughly 400k, though, a me…
Here is a 148 unit 1996 vintage deal in a Sun Belt submarket about 30 percent through its supply overhang, worth underwriting as a room. Price 21.6 million, 145,000 a door, in-pla…
I come from the trades so I know houses, I don't know this business. Got a quote sheet from an inspector for a friend's purchase: $450 base, $150 radon, $175 sewer scope, $125 for…
A guy I know wholesales and asked if I'd run his Facebook ads. He'd pay me $500 a month and put $1,500 on the card for spend. I've built landing pages before and I can read a dash…
One for every strategy in the guide. Each has its own discussion, live deals, outcomes and polls.
