every post in the forum, newest first
A live allocation question worth working through. Say 62,000 is earmarked for a roof replacement and two unit turns on a small multifamily building, with the work roughly 18 month…
Say an investor is weighing a private loan to a local flipper at 11 percent plus two points on a twelve month term, first position on a house that can be walked, against a mortgag…
Wanted the fee structure settled before I had any leverage, so I built something a bit odd and it held up for two quarters. Structure: 175 per accepted lead, client has 5 business…
An investor running several renovation projects at once typically carries a cash reserve for overruns. Parking that reserve, say $85,000, in a business savings account earning lit…
I'm trying to work out where someone like me sells services into this rather than putting up capital. If an operation is bidding on a few hundred certificates a season, what parts…
Numbers first. 45k in, 46.1k out, 31 months. That's roughly 0.9% a year before I count the time I spent reading their updates. The stated target when I came in was a statutory rat…
Four deals in, and every agent I interview says they work with investors. Then I ask what cap rate the last small multifamily in the submarket traded at and I get a blank. I've st…
Second call with an agent who says she works with investors. Ten minutes in she asked what my buy box is and I said something about "good deals in decent areas" and heard myself s…
Take a small three bedroom flip in a working class suburb, all in at 218k purchase plus rehab. Hard money senior funded 175k, the borrower brought about 21k of his own equity, and…
Trying to write down everything I'd pay between putting a lot under contract and pouring footings, and my list keeps growing. So far: plan set, boundary survey, topo, soils report…
I've been trying to figure out where I fit on the service side of this business, and last week a guy I know through a contractor friend asked if I'd "handle the project" on a spec…
I've been pricing out what marketing costs on the first deal and the aerial line is the one I can't settle. Two paths in front of me. Path one, I get certified. The knowledge test…
Anyone evaluating passive office exposure right now is facing a market that has pulled apart into two distinct trades. Newer, well located space with real amenities is getting the…
A pattern worth studying with buyer's agent agreements is using a short renewable term instead of one long agreement, since a single long agreement gives little reason to revisit…
Take a 250k purchase, 25 percent down at 62,500, closing costs and reserves around 9k. A buyer agreement at 2.5 percent is 6,250. If the listing side offers 2 percent, that leaves…
Say an investor has roughly $95k liquid and a hard money relationship that will fund 80 percent of purchase and 100 percent of rehab on a rehab file, closing in about 10 days. Com…
I've spent three months talking to people who make money around bank-owned property rather than owning it, and I want other eyes on whether the volume supports what I'm sketching.…
Screening a possible office-to-residential conversion raises a real question worth working through carefully rather than guessing at. Say someone is looking at a 1970s three story…
Numbers first, then tell me what is wrong with them. Note A: 11 percent, 2 points, 6 month term. Note B: 12.5 percent, 1 point, 12 month term. Both $150k, interest only, paid mont…
Most discussion of opening a brokerage assumes an office and a roster. A useful counter-case has neither. Starting point: an agent selling rural land, mostly 10 to 160 acre parcel…
One for every strategy in the guide. Each has its own discussion, live deals, outcomes and polls.
