All 132 real estate strategies.Every room answered.
Start with a RE category
Next, pick a strategy
Then pick the type of post
every post in the capital rooms
The coupon on this fund was 10.25 percent net. I put 35k in because of one loan on the tape, and that loan is the reason I'm writing this. The fund is residential and small commer…
I'm comparing published fee schedules and they aren't comparable at all. One is a flat 300 a year per asset with a 50 setup. One is 0.25 percent of account value with a 1,500 cap.…
Six months of no deals, but I've finally got a real decision instead of a spreadsheet. Roth self-directed IRA, 168k. A value-add fund I've been tracking is open for another five w…
I've got both a traditional rollover and a Roth sitting at the same custodian, and I have to pick which one funds the real estate side. The money is the same money. The wrapper is…
I've been building the sponsor side of a small deal on paper to see whether the first one is even reachable, and the pre-close spend is the part I keep getting wrong. What I have…
Two decks landed on my desk this month from the same introduction. One is a sponsor I've watched for about three years, eleven deals, they answer email on a Sunday and their quart…
I've been underwriting a $4.5M gap on an office to residential conversion for six weeks and the sponsor has offered me two ways in. Either a mezz position at 12.5% current, 1 poin…
Two things I read that don't sit together. One article described mezzanine debt as basically a second mortgage on commercial property. Another said the mezz lender doesn't get a l…
I have room for one more note this quarter and two candidates that price to almost the same number, so the choice is really about which risk I want to hold for the next several ye…
I've been hunting a specific kind of parcel for about two years, 40 to 80 acres, road frontage, within an hour of a growing secondary market. That money has to be liquid because w…
Dead deal, 84 units, and the money is gone. Writing it down while the sequence is still clear. Purchase price $9.4m. First quote from the senior lender was 65% of cost, so $6.1m,…
The deal I'm looking at is small, a rural manufactured housing community, minimum check 50k. The subscription docs came as a 94 page PPM, an operating agreement, and a subscriptio…
Syndication LP investing keeps coming up in what I read, and I keep running into the accreditation requirement without understanding it well enough to know if I clear it. What I t…
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…
Structuring JV equity into a $12.4M senior loan with $5.2M of equity behind it. My side is $4.6M, the operator puts in $600k and signs the recourse carve-out guaranty plus a compl…
The 2025 law that made the incentive permanent also put new reporting obligations on qualified opportunity funds, and I've been trying to work out what that does to the sponsor un…
I got onto two sponsor lists in the same week and they handled me in completely opposite ways. The first sent a scheduling link within a day and wanted 30 minutes on the phone bef…
File I bought at $38k against a $91k balance, single family in a mid-size southeast metro. Borrower signed a modification, payment reset to $645 with taxes and insurance escrowed,…
This is the beginner version of a loss because I was a beginner. Someone I met through a real estate group was selling participations in a loan he'd made to an operator buying a 1…
Posting the boring failure because it cost me real money and nobody warned me about it. Moved 78k out of an old employer plan into a self-directed account in early last year. I wa…