Loss
Wrote this up because I was the guy in every thread saying I was still in analysis. I finally did something and it went badly. Seller had a 3.1% loan, $214k balance, on a 1,400 sq…
Win
We manage 340 units across nine owners. Our management agreement was a form the previous owner of the company bought in 2016 and had never touched. Our lease was a state associati…
Loss
Portfolio of five, four single family and one duplex, roughly $1.7m of value and $890k of debt across three lenders. I wanted them out of my personal name before I got licensed an…
Win
I came from the building side so I thought my paperwork was fine. It wasn't. I was using a two page sub agreement I inherited from a GC I worked under, with no change order proced…
Loss
A 96-unit value-add deal in a southeast secondary market, $150k in for 4.1% of the LP class. I did what I tell everyone to do and sent the PPM, the LP agreement and the subscripti…