Started with zero budget and a used sedan. Nine Saturday mornings, two to three hours each, three adjacent zips I picked because the housing stock is all 1950s to 1970s and the ow…
Small mixed-use building, two retail bays and four apartments over. Seller had a pre-listing inspection done six weeks before I got there, 38 pages, photos, a roof section that re…
I hold land and long rentals and I don't normally sell services. This one came out of a favor. Someone I've known for years bought six units in a mid-size college market over two…
Numbers first, because the whole thing was a numbers error and I want it visible. I priced 3D walkthroughs at $220 for anything under 3,000 square feet. Camera and case ran $3,400…
This is the tail risk I'd written down and priced at zero. 140 certificates, mostly small residential, spread over four counties. 131 redeemed and the book earned $61k of interest…
The thing that finally paid me, after six months of research and no deals, was a contract I never closed. The target: houses built between 1988 and 1999, over 5,000 square feet, s…
Numbers first. 44 doors under management, mostly single family rentals and a few duplexes. Last spring I put an annual condition walk in front of every owner at $185 per unit, bil…
This is my first time actually putting any of the paper stuff I've been reading about for months to work, so push on it. Deal shape: 1970s three bed on a slab, tired but dry, sell…
Ran an outbound VA program for eleven months and shut it down in the fall. Writing it up because the failure was structural and I didn't see it until month seven. Setup. Three VAs…
I've done land for years and I've always thought the luxury agents were selling wallpaper. This one changed my mind, so I'll write it up plainly for anyone new. The parcel: 38 acr…
First property, a two bedroom condo in a 1980s complex, listed at $189k. I've been reading about notes and paper for a year and I still bought a condo, which is its own story. I d…
$25k into a small hotel LP two years ago. 96 keys, limited service, sponsor with three prior properties. I did what I thought was careful diligence, which for me meant reading the…
Six weeks in and I want to write down what happened while it's still clear. I'd built a list of 340 candidate properties in two zip codes, sourced from a mix of code violation pos…
This was my first passive investment in anything and I picked the thing that sounded safest. Age-restricted community, 132 units, existing building from the 90s, sponsor was buyin…
Writing this up because the failure was in the sequence, not the idea, and the sequence is the part people can copy. Plan was a 2m fund to buy small flex and shop buildings, 4,000…
I've spent two years reading here before buying anything, so this is my one purchase and I don't have a pattern to compare it to yet. It's a freestanding QSR pad, about 2,400 sf,…
This one's closed out so I can tell it properly. Eighteen months ago I wanted into manufactured housing and couldn't afford a park. What I could afford was homes. I bought two 199…
Closed my first one 900 miles out last month. Running a service business for five years taught me systems, which helped, and taught me nothing about houses, which cost me. Numbers…
This is a deal I didn't close, and the money went out anyway. I've been working toward a first purchase for a while and got further than usual on a four-unit near a hospital and t…
I sold the house I'd been living in, and since I've spent the better part of a year in this room asking whether advanced media is worth paying for, I turned my own listing into th…