every post in the forum, newest first
Here is a scenario worth walking through for anyone reading their first storage statement. Take a 240 unit facility where the revenue line grows 6 percent year over year while uni…
Reading through material on lien funds and the phrase that keeps appearing is government-backed. I've read it maybe a dozen times this week and I still can't tell what it covers.…
A $40k commitment to a storage fund with clean materials and a sound strategy, buying existing facilities and improving operations, is a reasonable investment on its face. The mis…
Passed the Part 107 in the spring and started taking paid work in July. Eleven weeks of numbers, because I read enough vague posts before I started and they didn't help me. 22 fli…
When a drone pilot quotes a flat rate for the flight and a separate charge for editing, the flight portion is easy to picture. The editing charge is less obvious, especially when…
Take a campaign running roughly 15,000 messages a day across 60 numbers, all registered under 10DLC, same three message templates used for months. Response rate drops from around…
For someone planning a first purchase, the order of operations question around cold calling services is worth working through carefully. Off market deals often do come from consis…
2.4% on a 700k purchase is 16,800. I don't think anyone does 16,800 worth of work for me on a resale house, and I say that with no disrespect to the job. So I went looking and fou…
Take a $265,000 three bedroom rental purchase in an unremarkable inner suburb. The interesting part isn't the property, it's the compensation structure. Say a buyer has watched a…
I own nine doors, five of them on vouchers, and all five sit inside a single authority's jurisdiction. That was accidental at first and then it started to look like a feature. One…
A common question from owners of a small rental is whether Section 8 units create more or less management work than market rate units. One view holds that voucher units are less w…
Picture a side by side duplex, both units leased, listed in the high $200ks. The listing agent, who also handles a lot of small multifamily in that submarket, offers to represent…
First house, 3 bed ranch from the seventies in a mid-priced suburb, $268k, 3.5 percent down on an FHA loan, so $9,380 down and about $7,000 in closing costs. Full payment was $2,1…
I've been building a small service offering around agent back office work and last year I finally got the unit economics to sit still, so here's what happened. The product was lis…
A common scenario worth working through: a service business with a handful of employees renting its shop, and the landlord finally names a sale price. Say 950k for the building an…
I've got an option on a 3/2 at a $305,000 strike, 30 months, $7,500 option fee, no rent credit. Comparable resales are landing around $328,000. Rather than exercise and resell, I'…
A scenario worth working through carefully, and a lesson either way. Say an operator someone has met twice at a local meetup asks for $15,000. He wants to take a lease option on a…
Bird dogging tends to get framed as the thing done for six months before wholesaling or buying starts, an internship people assign themselves. But some operators run it as an ongo…
Land banking produces no income, so the property tax bill has to come from somewhere else every year for the length of the hold, and there are a few common approaches to funding t…
Take a pre-foreclosure purchase in a state with an unfamiliar equity purchase statute. An owner about six weeks from a trustee sale, payoff around $214k with $11k of arrears, agre…
One for every strategy in the guide. Each has its own discussion, live deals, outcomes and polls.
