Under contract on a 68,000 sf suburban office, seven tenants, 81 percent leased, and I'm in the middle of estoppels. Four back, three outstanding. One of the four is from the seco…
Looking at a two story office building in a mid-size downtown, 8.2 percent cap on the listing, about 19,000 square feet with four tenants. When I asked who pays for what, the brok…
Under contract review on a 62-key exterior corridor extended-stay in a secondary market, one interstate exit, hospital and two distribution employers inside four miles. Asking $4.…
I've been reading hotel listings because a broker sent me a 42-room limited service property near a highway interchange. The flyer leads with "RevPAR $58" and then in smaller prin…
Two things on my list right now and they're the same house in different rule sets, so I'd like to hear how people weigh this. Option one is a small resort city that capped nightly…
I run turnovers for a handful of owners and one of them keeps forwarding me screenshots of her numbers because she thinks I know what they mean. Her cabin shows an average daily r…
My usual seat is on the capital side, so this is an income stream to me rather than something I'd manage. What's tripping me up is the rent split. What I understood: government pa…
First inspection on my duplex came back with six items. Missing GFCI in the kitchen, a loose handrail, a torn window screen, a cracked outlet cover, a bathroom exhaust fan that ra…
Numbers on a build I've been scoping, and I want someone to tell me what's wrong with them. Lot is mine, primary residence, no mortgage constraint issue. Detached 640 sq ft one be…
First real project and I'm probably out of my depth, which is why I'm posting the actual contract terms. Detached 800 sq ft, two bedroom, site built not prefab. $212,000 fixed pri…
Closing out a deal that actually finished, so here are the numbers before I forget them. $35,000 into a senior secured position on a 96 unit value add multifamily in a mid sized m…
Sitting on an offering for a mature almond block, roughly 320 planted acres, trees around year 11 of a stated 22 to 25 year productive life. Seller pro forma runs on full surface…
First land purchase, so please poke holes. 60 acres, mixed pine and hardwood, asking 145,000, so about 2,400 an acre. Seller is an estate and there's no rush on their side. Here's…
I look at loans from the lending side rather than owning, so I understand the origination math better than the aftermath, and I want to fill that gap. Say someone buys with 5 perc…
I closed on house number four in March and the rental lease on number three started April 1, so the sequence held for another year. Posting the actual numbers because the version…
I've been slowly building a number for a duplex around $300k and my whole worksheet is basically down payment plus a few thousand for closing. A lender I talked to mentioned reser…
We manage 61 doors across a mix, and the small multifamily side is where my margin goes to die. Ten percent of collected rent on a triplex at 1,200 average is 360 a month for a bu…
Sold some stock I'd held since 2019 and the gain is about $58k. A friend who does commercial deals said I should look at an opportunity zone fund instead of paying the tax, and I…
I put a sponsor's deck side by side with a plain non-OZ syndication this week. Eight-year hold going on ten, $250k in, pro forma that ramps to a 6% cash yield after year four, and…
I've been reading here for a while and mostly posting about screening for the rental I have closing soon. This is the one before that, the one that didn't happen. Six unit buildin…