The fund offered me $15k of the same note I'd be valuing
I'm partway through licensing and a small fund that buys defaulted paper asked whether I'd do their exterior valuations in my county. Flat $125 per report, photos, condition notes…
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
I'm partway through licensing and a small fund that buys defaulted paper asked whether I'd do their exterior valuations in my county. Flat $125 per report, photos, condition notes…
I'm coming into this from a completely different career and I've hit a wall on the licensing side. Everything I read about non-performing notes talks about workouts and foreclosur…
Writing this up because I was the person who thought reading the pitch deck twice counted as diligence. End of 2021 I put $50k into an LP interest in a 312 unit value-add in a Sun…
I'm working out what a first deal costs me, and parks keep coming up as the thing with the best numbers. Low expenses, tenants who can't afford to move, demand going up when the e…
I've narrowed to two mortgage REITs and they are almost opposites, which is the problem. Name A is agency heavy. Government backed mortgage securities, so credit loss is close to…
I've got a brokerage account and I'm looking at putting a small slice into this corner rather than buying a rental. Two things I can't pin down. First, is there a real minimum, or…
The thesis in front of me is straightforward enough that even I follow it. Apartment values reset, supply is falling off, rents firm up somewhere around 2027, and whoever bought a…
I'm getting ready to put money to work on this side rather than owning buildings, and there's a fork in the road I can't reason my way past. One school says the borrower is the lo…
Working through a recap where the sponsor has offered me a choice on where the pref sits and I want to hear the room argue it before I decide. Option one, I come in as a preferred…
Something came up talking to a guy who does maybe a dozen double closes a year. He keeps enough cash to fund the first leg himself and he still uses a funder on almost every deal.…
Been comparing four pref structures for a slot in a fund I'm slowly building, and every one of them has a different idea of what protects the investor. What I keep noticing is tha…
I've got two transactional funding quotes on a double close scheduled for next Thursday and I can't separate them on price, so I'm trying to separate them on what happens when it…
Something I read said a double close doesn't need transactional funding at all, because the escrow officer just uses the end buyer's money to pay the original seller and everythin…
Working through a first JV structure on a value-add deal. $4.5M of equity, my side $4M, operator $500k, 8% pref then 50/50. I asked for consent on sale, refinance, any new debt, t…
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…
I have 180k set aside to launch the service business, and the draw schedule I've built has me pulling 8 to 10k a month starting in month four, running about 18 months until the bu…
Reading the management agreement on a smaller externally managed REIT and the incentive structure is pointed the wrong way for what I want to do with it. Base fee is 1.5% of stock…
Sponsor is a third party, no relationship to me, a value-add multifamily deal. Minimum check is $100k. I've got about $180k in a self-directed traditional IRA and roughly $120k of…
I put 120k of Roth IRA money into a value-add residential fund in early 2023. The pitch was 14 to 16 percent, the sponsor had a track record I checked properly, and the whole poin…
I put $5,000 into an agency mortgage REIT 15 months ago because the yield line said 11 percent and I wanted to see how one of these actually behaves before I put real money anywhe…