someone asked, the room worked it out
I'm reading a package on a 240-unit facility. The first page says 93% occupied. Then the rent roll shows a bunch of units at $49 when the website advertises $89 for the same size,…
A number that catches people outside the luxury segment off guard. An agent describing a $4M listing will say she put about thirty into it before it sold, and she means thirty tho…
I've been pricing out the back office side of a small park before I get any further. Lot rent collection on 30 lots doesn't sound like much, a bank deposit and a spreadsheet. But…
I work rural land, long holds, and I've been passing leads on parcels that don't fit my hold criteria. Small acreage, back taxes owed, heirs scattered across three states. Flat fe…
I'm getting my first rental sorted and reading around the investor side while I wait. Three different people quoted me wildly different numbers for what a seller lead costs. One s…
Say a property manager is asked to help an owner sell off two doors, and a marketing shop pitches them on running sell my house fast ads and passing along the calls. The shop's co…
Take a driving for dollars list of about 4,200 addresses logged across six zip codes, built up over roughly nine months of routes, with every address going into the same five-touc…
Before the rule change, the offer of compensation to the buyer's broker sat in the MLS listing field and the split happened more or less automatically between the two brokerages a…
Say a regional operator asks a consultant to scope a study on whether they should enter a secondary metro with a 200-unit build-to-rent pipeline. They want a recommendation rather…
Take a cabin at $140k, three bedrooms, gravel road, about 20 minutes from a state park entrance in an unincorporated part of the county. A call to the planning office to ask about…
Getting licensed and I want the cost side honest before I quit anything. What I have so far: Pre-license course, about 500 Exam fee, about 100 License application, about 200 Backg…
Say an owner offers someone the chance to co-host two short-term rentals for a fee, and the question is what that person needs to hold before taking a dollar. The agreement calls…
Ask a licensed broker and the answer comes back flatly that managing apartments for a fee requires a real estate broker license. Walk a 120-unit community and the on-site manager…
Here is a numbers problem that breaks a lot of transaction coordination practices. Take a coordinator opening right around 40 files a quarter, with roughly 7 of them cancelling be…
Say a seller is interviewing agents for a family property and has read that the listing presentation is essentially the pitch meeting. Two of the agents offer to come present, one…
Take a first fourplex and the question of what it costs to run beyond the mortgage. Every video on the subject has someone pushing a property management app, yet a decent spreadsh…
Small multifamily teaches most of its lessons through shared systems, and an operator moving to a detached house for the first time has to decide which of those assumptions to thr…
Term sheet in front of me from a small fund buying rentals. Structure: $8,000 per closed acquisition, target 25 a year, I'm exclusive to them in three counties, no retainer, no re…
Running the numbers on a unit I've been modeling. Unfurnished market rent about $1,600. Furnished mid-term comps in the same building sit around $2,300, so a $700 premium. On pape…
Contract at $185,000. My ARV was $260,000 built off photos and a data platform estimate, repairs guessed at $45,000. I had a buyer at $200,000 verbally, so a $15,000 spread. Buyer…
One for every strategy in the guide. Each has its own discussion, live deals, outcomes and polls.
