live deals, numbers on the table
Anybody had this happen and actually gotten the fake ad taken down fast, or is it basically just wait and flag and hope?
Here is the scenario. A spec home on a street goes full custom on finishes, quartz everywhere and custom cabinetry throughout, and prices 67k over the last sale on that street. It…
Here is a scenario worth working through. Take a 47 acre block outside Winters, California, planted in 2019. The trees are five years in, so meaningful production is another four…
Shopping in Sacramento county, SFR around $480k, first purchase. Lender's preferred shop quoted $3,850 all in for the loan policy and escrow. The independent I called quoted $1,65…
Here is a pattern from the valuation side that deserves more attention from buyers. Go back through a year of appraisal files on retail centers and it is not unusual to find that…
I'm looking at pulling cash out of my condo, maybe $40k, and my loan officer mentioned something about a waiver being possible depending on LTV. I'm at roughly 58% LTV right now s…
A live question worth working through. Vendor arrangements inside mobile home communities look structurally different from apartment portfolios, and the terms vary far more than t…
My underwriting on a 44-key select service in Asheville assumes ADR around $148 through 2030, but the operator I'm talking to keeps pitching $165 and says they can get there by ye…
Here is a comparison worth working through. The suburban candidate is a 2001 vintage in Laval, two tenants, 74 percent occupied, asking $1.16M. The medical office is 100 percent l…
I have four units, two in Akron and two in Canton, and right now everything lives in a Google Sheet I built myself in about three hours in January. Separate tabs for each unit, le…
Does that mean the buy box was right and my sourcing was slow, or was he shopping two lists at once?
Here is a scenario worth working through. A buyer pulls the 2022 aerial on a park and counts the pads by hand. Fourteen homes on the rent roll cannot be found in the image, and th…
I'm sitting on a 240k purchase in central Illinois right now, 80 acres of cash-rented tillable ground. The flip I was counting on to carry me through spring went sideways because…
Here is a question that lenders on small houses run into and rarely resolve. The typical chain is that a bird dog brings an address, a borrower buys it and the lender funds the no…
Here is a live question the room can work through. Someone is choosing property management software before taking on units, and wants rent collection, maintenance requests and bas…
Here is a structure worth working through. Take a six unit building in Trenton, NJ at a $480k purchase price with 25 percent down, so $120k of equity, all of it coming from one ca…
Talked to a title company in Cincinnati last Tuesday about a house I had under contract for $87,500, assignment to an end buyer at $96,000. Lady on the phone said she'd seen "thes…
I keep going back and forth on this. I want to send a first letter that explains roughly how I got their address, because I figure transparency is better than just showing up in s…
Here is a comparison worth working through, because the same 125k can go two very different places. The Akron triplex is listed at 498k, two units rented at 925 and 975, third uni…
Had coffee with a broker Friday who's sold maybe a dozen campgrounds in the northeast over the last four years. He said a lot of seasonal tenants at the parks he's moved treat the…
One for every strategy in the guide. Each has its own discussion, live deals, outcomes and polls.
