The fund model treated permitting time as a constant. It isn't.
Passive position, $150k into a small fund building detached ADUs in a permissive metro and selling them to homeowners as a turnkey product financed by the homeowner. Two year proj…
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Passive position, $150k into a small fund building detached ADUs in a permissive metro and selling them to homeowners as a turnkey product financed by the homeowner. Two year proj…
Say a 700 square foot detached ADU prices out at $150,000 in hard cost, a number that looks reasonable on its face. The site work is where the real number often lives. An existing…
A live-in flip in progress, say a 1,100 sq ft bungalow bought around $228k with substantial renovation money already in and comps suggesting a finished value well above that, is a…
Take a live-in flipper running a service business out of a bedroom for five years, roughly 12 percent of the square footage, with an accountant taking depreciation on that portion…
Take a 1978 concrete frame office building, 11 floors, 22,000 sf plates, post-tensioned slabs, perimeter glazing continuous with a sill around 30 inches, giving good daylight for…
A small former bank branch conversion is a useful case for showing what walking away in due diligence actually costs, even when walking is the right call. Take a single story form…
A common reason people buy one or two rentals instead of taking on a second job is precisely so they don't end up with a second job. When bookkeeping starts eating a Sunday a mont…
I'm finishing up licensing and I've got two possible directions in front of me, and people I trust are split down the middle. Option one is joining a small advisory shop. Three pe…
I've been sitting in on vendor demos for the new UAD format, the one in broad production since January with mandatory use coming November 2 this year, and I can't work out which d…
Take a pre-foreclosure lead passed to a new buyer. Single family, 1,800 square feet, owner about eleven months behind, with two long conversations already had with her, in which s…
Consider a cleaner billing turnovers at $38 an hour for a property manager running around 90 doors, splitting the work with three other cleaners and picking up maybe three units a…
Take a small market 11 unit deal, roughly 640k all in with debt covering most of it, leaving an equity need of around 260k. With enough investor interest to fill the raise either…
I've been reading pref equity summaries for a couple of months and one line keeps stopping me. The pref investor doesn't get a mortgage on the property. You get a membership inter…
A pattern worth examining: a meaningful slice of an inspector's business can come from second inspections on houses that already failed once, either because the first buyer walked…
Triplex under contract at 585k, small city, all three units occupied, 2 bed each, rents 1,150 / 1,150 / 1,275. My fourth deal and the first one where the report actually scared me…
I ran this two ways this month and I can't decide which column I believe. Column one. Distressed three-bed, 110k purchase, 40k rehab, all in around 158k with carry and closing. Re…
I'm about two thirds through the pre-license coursework and I have four vacant houses on a street near me that nobody seems to be doing anything about. Two have notices taped in t…
I've been sitting in on calls with heirs to learn the language, and the same moment keeps coming up. Somebody asks what the house would sell for on the open market, and there's a…
Closing on my first rental in five weeks and I got offered a $50k slot in a 128-unit deal that's the same money as most of my down payment. So I actually read the operating agreem…
A syndication that owns property outside your home state adds a nonresident return in that state, on top of whatever your own return already looks like. Expect an added preparatio…
One for every strategy in the guide. Each has its own discussion, live deals, outcomes and polls.