Loss
Writing this up because the failure was in the sequence, not the idea, and the sequence is the part people can copy. Plan was a 2m fund to buy small flex and shop buildings, 4,000…
Win
Sponsor's minimum for a side letter was 250k. Individually the four of us were 60k, 75k, 90k, and 85k. Nobody was getting anything but the standard subscription docs and a PDF twi…
Win
I've done four deals with outside money now and the fourth one is the only reason I'm posting, because it took one email. Deal one, two years ago: 145k of equity from three people…
Win
I put 60k into a residential note fund last spring. Fund I was 3.8m from 22 investors and the manager told me it took him about thirteen months to fill. The reporting when I got i…
Loss
Numbers first so nobody has to ask. 14 unit brick walk-up, pre-1940, second tier midwest market, bought for 1.02m with a 700k bridge and 1.35m of LP equity from nine investors. Re…
Win
I met a sponsor at a local meetup and asked if I could be added to his investor updates without investing. He said yes, which I later learned is not a given. Some people won't do…
Win
I don't have money to raise and I don't have a deal. What I did have was a nagging feeling that I couldn't explain what I was looking for to another person. So I wrote the page I'…