someone asked, the room worked it out
Building is about 6,200 sf. Two storefronts on the ground floor, roughly 1,500 sf each, four apartments over them. The listing calls it mixed-use and the broker keeps saying the a…
A listing agent in Iowa sent me a 78 acre tillable parcel and the sheet says "cash rent $285/acre, tenant in place." Then a farmer I talked to at the co-op said cash rent is for a…
A first drive usually goes something like this. Two hours out, 11 houses written down, and no real confidence that any of them count. One had knee-high grass. One had a rolled-up…
Building a service business helping owners set these up and I want to know where the structure breaks before I put my name on it. The version I keep seeing pitched: 60-month term,…
A pitch landed in front of me for a "full-time real estate VA" at $1,600 a month, 40 hours a week, cold calling and CRM cleanup. Then I went looking on a freelance job board and f…
A week of pricing real estate education will usually turn up something like this: $997 for a course, $12,000 for what is called a mentorship, and $25,000 a year for a mastermind.…
Consider a deal that comes up often in older neighborhoods. A 1920s house has been rented by the room for years without a license. Six bedrooms upstairs, two down, one kitchen, tw…
Here is a structure worth testing on legal ground before anyone takes it to a real agent. Say a buyer signs a representation agreement at 2.5 percent, puts a property under contra…
Take a $300k rate-and-term refi in a filed-rate state. The loan policy comes in around $1,000 to $1,400 depending on underwriter and endorsements. Attorney opinion letter quotes o…
Looking at a pool of seasoned performing seconds, and the pricing convention in it is bothering me. The tape prices them around 88 to 92 of unpaid balance, which for a note at 9.5…
Anyone who has learned to read small multifamily by the unit will try to read a 6-bed RAL the same way, and it will not sit still. Take a house at $520k in a decent suburb, licens…
I'm studying for the Part 107 while I finish my license paperwork, and I've been pricing drones. Every list I find stops at the aircraft, which reads like the smallest part of it.…
The interest rate line is the one that deserves the most thought in a land contract, and a sample making the rounds illustrates why. It carried 9.5 percent on a $22,000 balance ov…
Most writing on mid-term rentals spends four paragraphs on the rent premium and one sentence on marketing to the niche tenant base. That one sentence is doing all the work and alm…
Take a 300,000 gsf 1970s office tower being marketed for conversion, with a sponsor deck that reads roughly like this. Acquisition at $60 per gsf, so $18M. Hard costs at $230 per…
The basic model is easy to state. Find a house, tell an investor about it, they do the deal, the finder gets a fee. Where it gets harder is scale and whether a given market works…
Here is a question that trips up a lot of first time spec builders. An investor watching a handful of lots reads up on the owner-builder permit and understands it this way: if you…
Nobody will give me a straight number on startup cost, and I've been at this half a year with nothing closed. The videos say almost nothing, which I don't believe, and then the sa…
40 acres, contract price $128,000, mostly wooded with about 6 tillable acres. Title commitment came back with two things I don't like. First, a deed out of an estate in 1978 with…
A question that comes up for small service teams is whether to add a licensed buyer-side person rather than referring everything out, and the part that usually goes unexamined is…
One for every strategy in the guide. Each has its own discussion, live deals, outcomes and polls.
