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…
Closed six weeks ago and I want to write down how it actually went while I still remember the annoying parts. The tract: 210 acres of loblolly pine, average age around 18, one blo…
Four months, and I'm writing this down while the receipts are still in front of me. Drove 612 addresses into the app between October and February. 380 came back with a mailing add…
Short version for anyone about to do their first one. Sub-to means the loan stays in the seller's name and I take over the payments. On my first one I set it up the lazy way: I se…
I bought a 4,200 square foot end unit in a six unit light industrial condo park in a mid-size midwest market. Purchase price $395,000, so about $94 a foot. The tenant is a cabinet…
First purchase, a five bedroom house in a working neighborhood, bought as a normal rental. The plan I talked myself into was renting bedrooms individually on separate leases, 525…
Closed last Friday on a dated 1990s lake property. Bought at 2.28M off a probate situation, put 520k into it, sold at 3.19M. Net after commissions, carry, and closing was a bit ov…
Not a deal, so tell me if this doesn't count. I finished the piece of work I'd been putting off for a year, which was building an actual list instead of reacting to whatever a bro…
We manage 340 units across nine owners. Our management agreement was a form the previous owner of the company bought in 2016 and had never touched. Our lease was a state associati…
Small loss but a clean one, so it's worth writing down. I had about 18k in a broad REIT fund, sitting there as the liquid part of my portfolio. The whole reason I chose a public R…
I spent six months researching, and my first real move was a conversion that never got permission to exist. The property: a 4,100 square foot 1920s house, six bedrooms, two baths,…
Nine LPs, $610,000 raised, small building. For the first three quarters I sent an email that said things are going well and here is your distribution amount. That was it, maybe fi…
Started this ten months ago out of frustration. I'd get dispo blasts with a repair number and no line items and I could tell from the photos it was wrong by 15k. So I asked one wh…
Sold a 1970s three bedroom in a secondary midwest market 18 months ago, 168k, buyer put 5% down, I carried 159.6k at 7.5%, 30 year amortization with a 5 year balloon. Payment 1,11…
I've been getting my license and doing paperwork all year, so this was the one thing I did with actual money in 2026. A guy who buys small pools locally was breaking one up and ha…
Small three tenant shell on an outparcel next to a grocery-anchored center, secondary market. Total project cost came in at $1.9M. I've wired a lot of these for other people and t…
This was a 2,900 sf suite in a five-suite medical condo building about a mile from a regional hospital. Bought it at $412k with a solo podiatry practice in place at $26/sf on a mo…
Posting the beginner version because I think people newer than me want to see one where nobody got clever. I sent letters to owners of vacant rural parcels who were behind on taxe…
I don't like development risk. I read this room for a year mostly to understand why I didn't want to be in it. Then a sponsor I'd been introduced to twice offered me something I c…
I want this one written down because it's the kind of mistake that doesn't feel like a mistake while it's happening. Early 2023 I committed $40k to a storage fund. Guy I trust in…