From the desk:
I sold a small business last year and have about 600k I'd rather partner with than operate myself. Two operators I've spent real time with have both sent term sheets for deals clo…
From the desk:
Third pass through a 63 page operating agreement for a 6.8M mixed use JV. I'd be 2.1M of a 2.4M equity check, operator brings 300k plus the deal. 8.5% pref, 70/30, standard enough…
From the desk:
I run the service side and have never owned anything. An extended family group (four households, roughly 900k they've been sitting on since a land sale) asked me to find something…
From the desk:
I've got eleven doors and a line of credit I'm not using, and a guy I've watched work for three years wants a capital partner. He's competent. Cheap crews, honest about mistakes,…
From the desk:
I've done nine passive LP checks over six years and never once negotiated a term. This one is different because the operator came to me directly and there's no PPM, just a draft o…
From the desk:
I've owned raw ground and a couple of long-hold rentals for years, so this is new territory for me. An operator I've known through a local owners' group asked me to fund the equit…