Multi-tenant medical outpatient building, 44,000 sf, twelve suites. I'd been cleaning conventional suburban office for years at $1.60 to $1.90 per sf per year and won this one at…
Under LOI on a two tenant medical outpatient building, 18,400 sf, $6.8m, 6.9% going-in cap. Bigger tenant is a system-affiliated cardiology practice, 11,200 sf, 9 years left, $32…
I bought 160 acres of planted pine three years ago on the theory that it was cheap land with a crop I could harvest on my own schedule. Paid $2,150 an acre, $344,000, all cash, no…
I put $50k into this in early 2023, my first passive position of any size, and I picked it mostly because the sponsor answered questions in a way that didn't make me feel stupid.…
I've got about 25,000 set aside and I've been looking at 20 to 80 unit apartment properties because the guide says the scale carries professional management, which sounds better t…
Looking at two deals in the same mid-size downtown and they've forced a question I can't resolve cleanly. Deal A: 180-space surface lot, two blocks from a hospital campus. Trailin…
I am building a list of small rentals and figured I would put a little money on a crowdfunding platform in the meantime, mostly to see how these things work from the inside. $5,00…
I'm saving toward a first purchase and thinking about putting a smaller slice into a crowdfunded deal in the meantime. My agent asked whether I'd need to be licensed to invest tha…
I'm one saved-up down payment away from starting this, and the first real fork is what kind of house to buy. Everything I've read says the whole point is that I get owner-occupant…
I own two small multifamily buildings and my agent handles both on landlord policies. A 19-room motel two towns over came up at a price that doesn't seem crazy and I asked the sam…
$340k of a $4.1M equity raise, LP units, no control, no consent rights beyond the usual major-decision list. The documents came in three pieces: a franchise license agreement, a m…
Been planning this for two years and reading everything twice, so here's what actually happened. 3,400 sf single tenant medical building, built 2004, in a town of about 28,000 wit…
18,000 sf, three tenants, 88% occupied, asking $4.1m. In place NOI as delivered is about $290k, so 7.1% going in, and the debt quote I have puts me around a 1.35 coverage on year…
Reading through three different ordinances in my metro and the thing that keeps changing the math isn't setbacks or size caps, it's the owner-occupancy condition. Two of the three…
I own a three bedroom house on a lot that has an unusually deep backyard, and the whole reason I bought it four years ago was that someone told me I could put a small unit back th…
I'm looking at a small house near a business corridor and the furnishing decision is the part I keep going back and forth on. Three ways I've seen described here and elsewhere, an…
I've got two houses I can realistically pursue in the same metro, forty minutes apart. The first is a build-to-rent unit in a new subdivision, everything under warranty, likely ca…
I've been reading passive office offerings for about four months now, slowly, and something is bugging me. Almost all of them run a five year business plan. Buy at a discount to w…
Rural markets and low price points are my usual lane, so a $2,500 minimum on a registered non-traded REIT was the first thing in this category I could reach at all. Then I found t…
Two of us bought 40 acres of dryland at the exurban edge in 2019, $5,200 an acre, $208,000, 50/50 through an LLC. No income, taxes about $1,900 a year at the time, split. The thes…