All 132 real estate strategies.Every room answered.
Start with a RE category
Next, pick a strategy
Then pick the type of post
it finished, here is how it went
Passed the Part 107 in the spring and started taking paid work in July. Eleven weeks of numbers, because I read enough vague posts before I started and they didn't help me. 22 fli…
Closed a 265k three bedroom rental in a boring inner suburb. Nothing clever about the property. The compensation part is the only interesting piece. I'd been watching this submark…
I've been building a small service offering around agent back office work and last year I finally got the unit economics to sit still, so here's what happened. The product was lis…
Duplex, side by side, both units leased at $1,150. Listed at $268k. The agent who had the listing also handles a lot of the small multifamily around there and when I called about…
First house, 3 bed ranch from the seventies in a mid-priced suburb, $268k, 3.5 percent down on an FHA loan, so $9,380 down and about $7,000 in closing costs. Full payment was $2,1…
Put money behind an operator on a pre-foreclosure in a state I hadn't worked before. Owner about six weeks from a trustee sale, payoff around 214k with 11k of arrears, agreed pric…
Four unit turn in a small multifamily building, all four vacant at once after a roof job pushed everyone out on schedule. I decided to skip the local leasing agent and hire a mark…
22 acres on the edge of a growing suburb, contract at $1.45M, contingent on rezoning from a two acre minimum residential district to something that would carry 74 lots. Fourteen m…
Locked a 3/2 at 148k against a written buy box from a buyer who closed nine houses last year. He passed on day nine because his lender wouldn't fund a fifth concurrent project. I…
Underwriting is the whole job for me, so when I started getting on dispo lists I got buried. 700 emails in about seven months across six senders. I needed a way to say no in under…
Nothing to show for this one, which is why I'm posting it. I had a 2 bed cottage in a older part of town under contract at 142k, rehab I scoped at 46k, comps supporting 245k to 25…
Finished and closed last month. 2,340 square feet, two story, four bed, in an established neighborhood where similar houses trade between 545 and 590. Mine appraised at 508 and so…
Fast is my whole thing and it cost me here. Saw a parcel come across a list, 5 acres, wooded, $4,300 asking from an owner three states away who had inherited it and never visited.…
Guy who flips two or three houses a year asked if I'd clear one out since I was already doing his plumbing. 1,100 square foot ranch, deceased owner, family had taken what they wan…
Last March I closed on a 4 bed 2 bath ranch in a first ring suburb, 310k, 25 percent down. The reason I bought that particular house was an operator I'd met at a local investor me…
Closed last month on 12 acres at $84,000, seller carried. Terms: $16,800 down, $67,200 at 5.5 percent interest only, monthly payments of $308, balloon at year seven. Taxes are $52…
First rental going on the market in a few weeks and I got ahead of myself on the marketing. Here is what it cost me. I booked an aerial package for $450 off an ad that showed nice…
I spent four months and $11,600 building an interest list of prospective private lenders for a small note buying vehicle. Agency contract was $1,900 a month plus ad spend, and the…
Preferred equity slot in an infill townhome deal on a portal, $25,000 in, 24 month projected term. The pref was written as "10% per annum on unreturned capital, cumulative and com…
I have a rental closing in a few weeks and I was not planning to touch wholesaling at all, but a guy in a local meetup group said the high-end tier was wide open and nobody was ma…