Redemption gate math on a 5% quarterly cap
The offering doc for a public non-traded REIT I'm reading caps share repurchases at 5% of NAV per quarter, with the board able to suspend the program entirely. Say the fund holds…
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 passive rooms
The offering doc for a public non-traded REIT I'm reading caps share repurchases at 5% of NAV per quarter, with the board able to suspend the program entirely. Say the fund holds…
Sitting on 78k in cash. About 55k of it is the down payment plus reserves for a small rental I expect to close on in roughly nine months, assuming the market I'm shopping cooperat…
The house is a 3/2 about 1,250 sq ft in a decent working neighborhood, I've owned it seven years, rents for $2,100 and it's my lowest-maintenance unit. My tenant of three years as…
I'm reading a sample rent-to-own agreement someone posted and three different words seem to be doing the same job. There's a $5,000 "option fee" up front, then $200 a month descri…
I've been running wrap math on a duplex I own with a 3.9 percent loan on it, about 141k left. If I sold at 215k with 15k down and carried the 200k at 7 percent, the buyer's paymen…
I've been reading paper for months and this is the first live thing I've been shown, so treat me as someone who understands the words and not yet the consequences. Deal: ground-up…
County seat, population 9,100, county total around 31,000. Census-type numbers put the 65-plus count in the county at roughly 4,100 and median household income for 65-plus househo…
Bought a tired duplex two blocks off a strip with six bars and a music venue on it. The seller wanted out of everything at once so the package included the gravel lot next door, r…
Numbers I've been quoted on a 40-space lot doing about $8,000 a month gross. Option one, a full gate and kiosk setup, $42,000 installed plus $600 a month for the software and supp…
I read the county code three times because I assumed I'd misread it. The accessory dwelling standards say maximum floor area is the lesser of 800 square feet or 50 percent of the…
I've run property management on a 140-unit new build owned by a qualified opportunity fund for going on three years. That experience is the reason I'm having trouble writing a che…
Been in construction long enough to know what a single boiler feeding three units costs to replace, so that part doesn't scare me. What I don't understand is the operating side. S…
Two things I've been looking at side by side, both about 40 minutes from me. One is a fourplex around 540k, four two beds, in place rents 1,250 each. It would be a residential loa…
I've been building toward the leasing side while I finish licensing, and a small landlord with eight doors asked me to fill three vacant units with voucher holders. He'd been doin…
I've been reading the paperwork side of this before I look at any property, and I have three documents in front of me that seem to overlap. There's the voucher itself, there's a H…
Reading a 240 unit deck where the sponsor is paying about 2.1 points into a rate buydown and an interest rate cap that runs three years. The alternative they say they negotiated w…
A friend forwarded me a land loan term sheet on a 12 lot split so I could see what these look like. There's a partial release clause that says lots are released at 115% of the pro…
I coordinate survey and plat work for people doing small splits, and I decided I should actually do one myself before I charge anyone for advice about it. 22 acres at $6,500, so $…
I'm not under contract yet, I'm doing the paperwork side first because that's how I do things. Reading two documents that don't agree. The property is a 4 bed 2 bath, and my plan…
The ordinance for the town I'm looking in says a single-family dwelling is for occupancy by one family. Then the definitions section says family means one or more persons related…