All 132 real estate strategies.Every room answered.
Start with a RE category
Next, pick a strategy
Then pick the type of post
it finished, here is how it went
We put $2.4m of pref into a 78-unit value-add through a small group, 11% total return, 4% current pay and the rest accruing, three year redemption. The docs looked fine to me at t…
Small win, beginner-sized, but it's the first time in a year of poking at this that I did something deliberate and it worked. I was looking at two storage funds because everyone k…
Bought 1,200 shares of a mortgage REIT's fixed-to-floating preferred at $26.30. Par is $25. Fixed coupon 7.75 percent on par, so $1.9375 a year, $0.4844 a quarter. My thinking was…
I wanted the pipeline before I wanted the yield, so I sized this to be survivable rather than meaningful. $92k, 38 certificates, two counties in one state, one servicer. Average c…
This one closed in Q3 and I've been sitting on the numbers for a month before writing it up. Structure: $85k into a 214-unit garden multifamily deal in a mid-size southeast market…
I wanted income without becoming a landlord and I wanted to start small enough that a mistake wouldn't matter. So I put 2k each into three pooled offerings on two platforms, rough…
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 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…
This was the first time I've been the money rather than the person selling a service, and I nearly talked myself out of it four times. Operator was a contractor I'd worked with on…
Portfolio was $290k across 90 certificates, nine counties in four states. The plan was geographic spread. What I actually built was nine separate procedural calendars and I tried…
This is a loss on process more than on money, and the process error is the interesting part. Last year I built a deployment plan around the gap between public REIT valuations and…
Worth writing down because everything I'd read about this strategy assumes you get to the closing. A seller was breaking up a small tape and I bid on three files out of it. To mov…
First note I ever bought and I want to write down what happened while it's still embarrassing. Performing first lien. UPB 54,300, coupon 9%, payment 497, 31 months of on-time paym…
$9,400 total, my first attempt at this. The county had a list of certificates left over from earlier sales that you can buy directly at the stated rate, no auction, no bidding aga…
Closed out last month at 1.03x on $55k over four years and I've spent a while working out where the money went, because the property did fine. Deal was a portfolio of small rural…
Small one, but it cost me real money and nobody warned me. Put $6k into a crowdfunded equity deal, first year went fine, distributions totaled about $310. Happy enough with that f…
$150k into a six-park value-add deal, 890 lots, three states. I read every page of the LP agreement and the PPM, twice, and marked it up. I still lost most of my position, and the…
Closed 2021, 188 units, bridge debt, a business plan that needed rents to keep doing what they'd been doing. I read the operating agreement before I wired, which is my whole thing…
This is the tail risk I'd written down and priced at zero. 140 certificates, mostly small residential, spread over four counties. 131 redeemed and the book earned $61k of interest…