Two small houses, both owned in my own name, both with conventional loans on them. Attorney quoted $1,900 for the whole package: form the LLC, operating agreement, two deeds, plus…
I'm buying a single family rental for $118,000 and the person who brought it to me lives about 900 miles away. He's never been inside. His numbers came with photos from a contract…
Here's the deal I'm looking at right now. Purchase $118k, rehab budget $42k and I'll finish close to it, closing and holding another $8k, so all in around $168k. Appraiser's ARV o…
Read three consulting proposals for a portfolio review this month. All three had the same structure. Data gathering, stakeholder interviews, scenario modeling, findings presentati…
I've been talking to a few homeowners about their backyard unit plans and I keep ending up as the person who calls the building department, collects contractor bids and keeps the…
My brother buys and rehabs houses, mostly small stuff. He's asked whether I'd fund one, and I have an old rollover sitting in an IRA doing very little. I'd always assumed family w…
I read documents for a living so I'm coming at this backwards. I understand what a purchase agreement is. What I don't understand is the middle part of driving for dollars. Someon…
Reading through a few quarterly decks and the yield is on slide 2 but the thing management spends ten minutes on is book value per share and how it moved. One deck showed GAAP boo…
Owners call me every week wanting out from under a rental, and I've been handing the ones who'd rather sell than keep managing to two investors I've worked with. No money has chan…
I've been charging $250 flat for what I call the standard aerial: 8 to 10 edited stills plus a 60 second clip cut to music, delivered next day. Agents keep asking me to fold it in…
I'm doing thin-margin stuff and trying not to add cost, but a guy at a meetup told me driving for dollars is fine but the second you sign a contract and assign it you need a real…
Someone told me opportunity zone funds start at 250,000 and someone else said there are ones you can get into for 25,000. Both can't be the general rule. I'm also unclear on wheth…
Portfolio is 12 listings across two markets. Eight in my home city, four in a beach town 90 minutes out. Average gross per listing is around $62k, I'm at 18% on ten of them and 15…
I took over management on a small building and the previous owner sent me a folder of the listing photos from the sale. They're good, way better than anything I'd shoot on my phon…
I'm partway through getting my salesperson license and a contractor I know needs $55k for a rehab reserve on a duplex he's buying. His lender is covering purchase and some of the…
An owner two towns over has a three-bedroom that's been sitting empty since her mother passed. She wants it on Airbnb and wants me to run it at 20%. I've done long-term units for…
I've got a few rentals and I'm hitting a wall on down payments, so the ADU thing looks like a way to add a unit without buying more dirt. My own house has a detached two-car garag…
Working the numbers on whether "AI-augmented" is a real reprice or just vendor capture. A seat costs me $7.50 an hour fully loaded and bills at $14 for 160 hours, so about $1,040…
I own a service business and I'm about to try one of these on my own. There are two things nobody will give me a clear answer on. First, the house will sit empty while we paint an…
Client bought a 1962 ranch out of an estate. Representative signed as-is with no seller disclosure form, her attorney said fiduciaries are exempt. Fine for that sale. Now I'm the…