Results for ‘Building Adaptive’ category

Help wanted

We’re looking for help in the following roles: 1. Assistant project manager. This one is pretty straight-forward. We have a ton of renovation projects going on right now and need one more set of hands to assist with purchasing and arranging material deliveries, liaising with contractors / subs, etc. We’re offering $15 / hr for

Adaptive’s proof of funds problem

When you make an offer on a building, what you’re really saying to the owner is: “Please give me the exclusive right to consider buying your building at this price for the next 21 (or 30 or 60) days.” For an owner to accept, she needs to be ok with your price and, crucially, as

What we’re for

Cashflow over appreciation Quantitative over qualitative Verification over trust Diligence over cross your fingers and hope Independence over conformity (Controlled) aggression over timidity Equity over debt Reputation over (short-term) profits

A great day for one of our agents

One of our agents just earned a $48k commission for repping both buyer and seller on a deal over the past month or so. Ordinarily, this blog is mostly about the deals, so I’m sure you’re interested in the details of this one. However, I don’t want to steal the agent’s thunder… so it must suffice to say

Do we compete with our brokerage clients?

In a word, “No”. Why? Because we’re not interested in buying the properties our brokerage clients want to buy. Our typical brokerage assignment is to help someone buy: 2-4 units $500k-1MM 20-25% down (so, looking to put out $100-250k in capital) 70-75% LTV mortgage Minimal renovation required Cashflowing (eg priced at 12x GRM or less) The

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