Finished the garage apartment myself. By the night or by the year?
Built out the apartment over my detached garage this spring, I did the framing, rough-in and finish myself, licensed guys on the electrical and the gas line. 480 square feet, one…
All 132 real estate strategies.Every room answered.
Start with a RE category
Next, pick a strategy
Then pick the type of post
the whole forum
Built out the apartment over my detached garage this spring, I did the framing, rough-in and finish myself, licensed guys on the electrical and the gas line. 480 square feet, one…
I've been researching for months and hadn't bought anything, so when an advisor walked me through a public non-traded REIT I was ready to move. Minimum was 2,500, I put in 20,000.…
Went through four REIT annual reports this month and came out with a sequencing problem I can't settle. One order says sector first. The chapter for this room is blunt about it, s…
Twenty-six files. Eight closings. Two fee splits that actually landed in my account. The setup was supposed to be simple. I do a lot of talking to small investors in my area, and…
Quote in front of me on a $480k cash-out refi of a rental held in an LLC. Broker fee 2 points, plus a $1,495 processing fee, and the lender's term sheet separately shows 1.5 origi…
36 acres, county ordinance exempts a division of four or fewer lots from the major subdivision requirements, meaning no engineered road to county standard, no stormwater plan, no…
This one got away from me because I trusted a comp set that was doing work I didn't understand. 62 acres, edge of a growth corridor, two road frontages, in a county that had been…
Beginner framing because I got this one wrong in my head for weeks before I understood it. I kept treating sub-to as a way to buy cheap. It's a way to buy a payment. The house I c…
I do fast flips, thin margins, and I've been writing my own listing copy forever because paying for it never penciled. An agent I've closed two deals with asked if I'd write copy…
Took over a 1958 ranch at $214k balance, 3.5%, 24 years left, PITI $1,498. Seller wanted $8k and out. House was rough, not unlivable. My plan was standard for me: put $45k in, ren…
Got a deal sheet from a wholesaler that says "sub2, assumable, 3.25%" on it. When I asked whether the loan was actually assumable he said sub2 and assumable are the same thing, yo…
A deck I was sent described this as asset light, start for under $1,000, which I don't believe. I read paper and notes normally, so I always look first for where the cash gap sits…
I do renovation work and I'm now on the investing side, and the part that's killing me is scheduling. Six trades, none of them answer the phone at the same time, and I spend my ev…
First rental, 1970s three bed on a slab. I paid $525 for the general inspection and another $175 for the sewer scope, and I asked the inspector if I could follow him for the three…
$75,000 into a three-property self-storage portfolio in a secondary southeast market. Plan was to buy older facilities running at low occupancy, add climate-controlled units, push…
I've got money set aside and no deals, and I'm reading the luxury assignment numbers with real suspicion. The pitch is that the spread scales with the price, so a single distresse…
Writing this up because I was the person who thought reading the pitch deck twice counted as diligence. End of 2021 I put $50k into an LP interest in a 312 unit value-add in a Sun…
I've put money into three passive office deals. The first one I said no to for a reason I can explain in a paragraph, and the two I said yes to have both paid so far, so I want to…
Asking price works out to a 9.1 cap on in-place, which for a rural building isn't strange on its own. What's making me stare at it is the tenant roster. Family practice in 4,400 s…
Two ways to control an obsolete building while you find out whether it converts, and I've priced both this year on similar boxes. One: buy it. You get a price that reflects the fa…