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
Two of the resolution paths people list are DPO and short sale and I've read both descriptions three times without the distinction landing. In both cases the borrower ends up payi…
Note bought at $52k, UPB $114k, house came in around $167k as-is on an exterior BPO with photos I trust. Vacant, secured, I've been paying to check on it monthly. Title came back…
I've got two open-end debt funds in front of me. Both residential and light commercial bridge, both quoting around 9 percent net, both open quarterly. And I've had to admit to mys…
I have been building spreadsheets for months instead of buying anything, and part of it is that I cannot pin down the running cost of doing this properly. What I think I understan…
Opened a brokerage account last month with 9k in it. Two REITs on my shortlist. One shows a 7.4 percent dividend yield and the other 3.4. I assumed the higher one was simply bette…
One of my commercial cleaning accounts is a regional apartment sponsor, and their acquisitions guy handed me a fund deck last time I was on site. It's a $180m vehicle buying garde…
I have a subscription agreement on my desk for an LP position in a single-asset deal and I keep circling the same page. Writing this out partly for myself, and partly because I wa…
This was two and a half years ago, before I'd read anything useful. A guy I'd known for a while, done two flips, seemed competent, was short on the rehab money for a third. He nee…
Rehab deal in front of me. Purchase 240k, rehab budget 85k, so all-in cost 325k. Borrower's ARV is 430k off three comps, two of which are on a street with newer builds and bigger…
Same week, two conversations, two completely different doors. The first sponsor said their offering only takes investors they already have a relationship with, so they'd put me on…
I own three parcels I intend to hold for a long time. They generate no income and they cost me property taxes, a mowing contract on one, and liability insurance. About 7,400 a yea…
The thing I liked about public REITs was that I could act. Direct property takes months to buy and months to sell, and a REIT takes a click. So I built a 40k sleeve and used the l…
The product page said short term, average duration under a year, and there was a redemption request option. I read that as a savings account with a better rate. It isn't. I reques…
I sold a small two bed one bath in a low price market last year for 62k. Buyer put 6k down, I carried 56k at 9% on a 20 year schedule. Payments have been perfect for 13 months, wh…
I've been reading the management agreement on a select service deal a group I know is putting together, 140 keys, secondary market with a hospital and a state university inside th…
Underwriting a 142-key select-service asset in a secondary market. Trailing twelve is 71.4% occupancy, 152 ADR, so 108.5 RevPAR. Total revenue 6.1m, GOP 2.45m (40.2%), base manage…
I mentioned to a guy at a meetup that I was reading about buying liens across a few states and he said once you're doing it at any real volume you need a license, and possibly E&O…
I bid in two counties three weeks apart and came out with 63 certificates. Average face is about 1,840, total deployed 116k. Rates came in between 6 and 14 depending on the parcel…
I back these because I know renovation work and I thought that gave me an edge reading the scope. It gave me an edge reading the scope. It gave me nothing on the capital stack, wh…
I'm doing the analyst work on a $32M refinance for a small sponsor and the mezz piece is where I'm stuck. Senior is quoted at 58% of value, mezz takes it to 76%, coupon 12.75% wit…