I'm stuck on the front end of this. I opened the screener, typed REIT, and got both single companies and funds that hold dozens of them. Someone told me the ETF is the only sensib…
The screener said 9.4% and that was the entire reason I bought it. I had $12,000 sitting in a taxable brokerage account after a car sale fell through, and I wanted the money doing…
A year of reading about paper and I still understand maybe a third of it. Bought a small performing first position note inside a Roth SDIRA last month and it's now made two paymen…
Offering is $50k minimum, all cash equity, no debt. Sponsor buys 40 acres of raw ground and pursues entitlement for roughly 180 units, then sells the entitled parcel to a homebuil…
Common equity in a ground-up multifamily deal on a portal. 48 units, wood frame over podium parking, total capitalization $11.2M. Hard costs come in at $165 a square foot, 24 mont…
Closing this position out taught me more than holding it did, so here's the whole arc. Bought in 2018 through an advisor. 60k, Class A shares of a public non-traded REIT, diversif…
I've now read four lease option packages and the assignment clause is where they diverge hardest. Two say the option is freely assignable by the optionee. One says assignable with…
I've been holding two single family rentals in the same city for nine years and doing nothing clever with either. The city just passed an ordinance that removes the parking requir…
I own a couple of small buildings and I've started looking at a single-family house down the street that has a finished basement with its own entrance, a kitchenette and a full ba…
Head lease signed six weeks ago on a 1970s 3 bed 2 bath in a first ring suburb. Owner is out of state, inherited it, doesn't want to sell into a slow market and doesn't want to ma…
Small towns, houses in the $70k to $110k range, mostly owners who inherited a place and don't want to fix it up for a sale. When I bring up rent-to-own the reaction is usually pos…
First rental is closing in a few weeks and it comes with a permitted basement apartment, separate entrance off the side yard, own kitchen, shared laundry in the mechanical room. I…
Under contract on a 6.2 acre infill parcel at $340,000 in a growth path suburb. The seller wants a 30 day close and won't split it. My Roth SDIRA has $154,000 available. I have $1…
This is the first thing I've looked at seriously in eight months of reading. Paved lot, 34 marked spaces, half a block from the employee entrance of a regional hospital. Owner is…
60-space surface lot, mid-size downtown, one block from a hospital employee entrance. Trailing gross is about $19,000 a month, so $228k a year, roughly 60/40 monthly contracts to…
This belongs in the passive room as a warning about the word. A friend who'd managed restaurants found a 9-room inn in a small tourist town, walkable to a state park entrance, doi…
I've spent most of my investing life on land and long holds, so nightly rentals are new ground for me and I'm asking as a beginner here. Two things landed on my list in the same m…
I run small multifamily and I'm underwriting a house I'd convert to six rooms. Gross at 850 per room is 5,100 a month. I've got utilities all-in at 480, internet 90, cleaning of c…
I mostly deal with land and zoning, so I read the ordinance before I did anything else, which for once was the right order. The house: 4 bed 1.5 bath, inherited, free and clear, a…
Trying to price out the closing side before I bring a wrap idea to a seller I know. Assume a 300k sale, 240k underlying at around 4, wrap note in the 270k range at 7. What I want…