I read the Redfin analysis showing buyer-agent commissions on luxury homes came down slightly after the new rules while commissions on cheaper homes held or went up. Small move, b…
I've been the analysis guy in this room for a while so this is me reporting on the cure. The pull started as everything absentee in two zip codes with 50 percent plus equity, 4,10…
Six units total, four of them now running furnished for mid-term and corporate stays. This was an operations fix rather than a deal, and it moved more money than my last acquisiti…
Two owners I did renovation work for want me running their units next season, and both drafts I've been sent handle pricing completely differently. One says I set rates at my disc…
Two of the resolution paths people list are DPO and short sale and I've read both descriptions three times without the distinction landing. In both cases the borrower ends up payi…
Note bought at $52k, UPB $114k, house came in around $167k as-is on an exterior BPO with photos I trust. Vacant, secured, I've been paying to check on it monthly. Title came back…
Working through the numbers on a coordination practice that's at capacity. Say 34 open files at any time, 13 closings a month, flat $400 per file, so about $5,200 a month gross fr…
My agent uses a coordinator and sent me her client agreement to sign as part of onboarding on a small purchase. I read it twice because that's what I do, and three clauses bother…
I found a small three bedroom through an open house and the agent who was standing in the kitchen handing out flyers said she could just write the offer for me and save everyone t…
I've been going to open houses with an agent I found online, and one of the places she took me to is a listing that's hers. Her own sign in the yard. She said if I want to write o…
I've been pricing out two furnishing packages for the same 2 bed unit and the gap is wider than I expected. The traveler package is around 6k, warehouse store beds, a couch that w…
I've got two open-end debt funds in front of me. Both residential and light commercial bridge, both quoting around 9 percent net, both open quarterly. And I've had to admit to mys…
Zoning verification letter landed last week on a 44-lot community I've been circling. The park predates the current ordinance, so the use is legal nonconforming, and the letter sa…
I read everything twice and I've read the supply argument about four times now. New deliveries in apartments, industrial, self-storage and senior housing are forecast to drop shar…
The convergence argument for 2026 into 2027 is fairly clean. REIT valuations sit near historic discounts to both broad equities and to private real estate, the private gap being t…
I gave a range on a first call last month and it cost me the deal. Long tenure owner, absentee, house had been on a rental for years. From the data and two exterior photos I said…
Closed on 38 acres of mixed timber and old pasture in a low-population county at $27,500. Comps on similar acreage with clean frontage were running $1,600 to $2,000 an acre, so on…
Six-level garage in a secondary downtown, bought into it as a minority partner in 2021. 240 spaces, the underwriting leaned on 71 monthly contracts at $145 covering fixed costs an…
I'm probably nine months from closing on my first piece, somewhere between 80 and 120 tillable acres. Two neighbors have already told me two different things about how to lease it…
140 acres, a 345kV line crosses the northeast corner, and the parcel sits about 8 miles off an I-20 interchange. A developer's land team came in with an option: $250 per acre per…