every post in the forum, newest first
Consider a self-directed IRA holding about $40,000, in a rural market where livable single-family houses run $55,000 to $70,000, putting an all-cash purchase out of reach unless p…
Cheap rural dirt in thin markets behaves differently from anything in a metro, worth keeping in mind before applying these numbers elsewhere. Take two adjoining parcels, 11 acres…
Take a case worth studying in land wholesaling. A first round of campaigns runs 900 to 1,200 letters spread across four counties, chosen because the price bands look similar. Resu…
Project is a 1990s builder-luxury house in a strong high-end submarket, 4,600 square feet, target 4.1M. Purchase 2.44M, reno budgeted at 720k, currently trending 785k before this.…
I mostly research land and holding patterns, so buying a house to live in feels like a different sport, and I want to check whether I understand the basic shape of this before I s…
Writing this out because I want somebody else to catch it earlier than I did. I bought a townhouse at 249k with an FHA loan, 3.5% down, so 8,715 out of pocket plus about 4,200 in…
I have both a traditional rollover IRA and a Roth, and enough in each that either one could buy a small single family rental with cash. The custodian doesn't care which I use. I d…
Working a 180-unit garden deal, wood frame over slab, total cost landing around $46m all in. That's about $255k a unit which for this market is not crazy. Lender indications are c…
I'm new to most of this and I came in as a small LP, so the credit here belongs to the sponsor. But I read every document on this one twice and I want to write down what actually…
Take a first lien purchased in a judicial state. Unpaid balance $96,300, note rate 4.875%, payment $711, borrower 14 months delinquent. Single family three bed one bath, drive-by…
Say an owner holds a 1,100 square foot house on a corner lot, free and clear, with a detached two car garage at the back, 480 square feet, sound roof, slab in decent shape, and al…
Occupancy year is nearly up on the duplex I live in and the plan was always to move out, rent my side, and do it again on a bigger building in the next metro over. Two snags. My l…
Worth examining as an acquisition channel case: an operator running three VA dialers at roughly $10.50 an hour, about $5,450 a month fully loaded with data and dialer costs, was s…
A common pattern worth studying: an operator 42 units into a portfolio hits a maturity wall. A loan from 2019 at low fours is coming due, the new quote comes in over six, and proc…
I do passive stuff and read paperwork for fun, and I've been trying to work out the real cost base of the listing business because someone in another thread said 2.5% is mostly pr…
1,340 square foot three bed one and a half bath ranch, 1958, in a first-ring suburb where the buyers are mostly people priced out of the city. Bought at $198k, put $61k into it, a…
A common point of confusion for anyone who has worked around flips without learning the vocabulary: everybody says ARV, after repair value, but after which repairs is rarely speci…
Take a passive lender putting 61k into a light rehab as a secured second behind a hard money first, 12 percent with a 6 point exit fee against a 60 day projected hold. Operator bu…
Offering documents restated since last summer, when the incentive was made permanent under P.L. 119-21, are showing looser language around winding up than the versions circulating…
Consider an allocation offer into a private open-ended real estate fund: 100k minimum, quarterly redemption with gate language allowing suspension, marks published quarterly by th…
One for every strategy in the guide. Each has its own discussion, live deals, outcomes and polls.
