Take two crowdfunding offerings side by side, forcing a real choice between two different kinds of risk. The first is a 140 unit 1980s garden apartment value-add in a Sun Belt sec…
Career changing into this and I've got no construction background at all, so please assume I know nothing. There's a listing near me, 1,100 sq ft, 95k, description says "down to t…
The purchase side of a gut flip is the part most people work out first. Everything else is where the questions pile up. Reserves get mentioned constantly and the range people mean…
Take an investor targeting monthly income who does not want to become a landlord in their own city. Virtual wholesaling appeals because it looks like the version without toilets t…
One channel says virtual wholesaling can start for nothing with a free county site and a cell phone. Then there is a program selling a $10,000 course that apparently includes the…
I came from the trades and I've been circling the investing side for a while. The thing that actually changed my year was going after property managers as customers instead of hom…
Take an operator running a bird dog lead desk who hires one part timer to handle the phone half while they keep doing the sourcing half. Worth posting the numbers because everyone…
Take three homes with 18 licensed beds between them and 7 occupied when a placement consultant starts working with the owner in March. Seven months later all 18 are full with four…
I'm getting licensed and working out what else I can be useful for, and this room keeps describing problems that sound like someone else's job. Out-of-state buyers can't inspect.…
Say a small fund comes to market at a 14m target, buying tax certificates in three bid-down states and bidding at deed sales in two others. Terms run a 9 percent preferred, 2 perc…
Read something that said if you originate more than a couple of owner-financed loans you become a mortgage lender and need to be licensed, and that there are rules about balloon p…
A buyer coming in on a 3/2 in a stable working class pocket, offered by an owner holding the house free and clear, with 15 percent down and a request for 30 year amortization on a…
For land focused driving for dollars, the debate between a tight repeat route and constantly covering new ground comes down to two different theories of value. The case for a repe…
Capital side, still deciding where to put money, and I'm trying to understand this method as something I might fund rather than do. A data vendor can hand me every property in a m…
A gain from selling a small paper position, say around $60k, is a common trigger for someone to start looking at opportunity zone funds because a gain of that size makes the defer…
First furnished unit, 2 bed near a research park, and I got as far as a vendor packet from a relocation management company. I'd quoted $2,550 all inclusive. Their standard rate ca…
Talking to an owner who wants someone to handle placements and turns for three furnished units aimed at corporate tenants. Before I say yes I want to understand exactly where I st…
Story
Consider a house that sits across a ravine from a neighbor with an unusually clear view of somebody else's deal for two years, which offers a useful case study. It sold in the fal…
Two parcels in the same county, both plausible three or four lot splits, and I can only do one this year. First is 58 acres at $6,300 an acre, so $365k. Forty tillable acres under…
Story
I'm changing careers and had exactly nothing to offer anybody, so when a small fund manager at a meetup mentioned he needed help moving his investor records off spreadsheets and i…