every post in the forum, newest first
Most capital decks I read still anchor the insurance line to trailing actuals from the seller, sometimes two years old, sometimes older. That made sense when premiums were predict…
A deal worth studying: a 22-unit retail strip, fully occupied, $18,400 per month gross, and a rent roll that shows six leases month-to-month and four more expiring in four to five…
Same subdivision, same bed count, about 400 feet apart. I walked his place exactly once and understood immediately, he had done nothing special to the house itself but every photo…
Got a voicemail in April from a woman named Courtney who said she was calling on behalf of a "local buying group" about my duplex in Lorain County. I had not listed it, had not ta…
Say a fourplex carries four occupied units, all paying, all on leases, and the owner calls it stabilized. The lender may agree on occupancy but still haircut two of those four uni…
A deal worth studying: a bird dog brings in a motivated seller on a probate property, right contact, right timing, distressed enough to pencil. The investor ties it up, does the i…
When the listing agent writes the offer for the buyer, the seller's negotiating position goes to the same desk that gets paid more if the price holds. The agent's incentive is a f…
Take a conventional owner-occupant loan at 5 percent down on a 350k house. The note says principal residence. The borrower lives there 12 months, plans to convert, and then finds…
A purchase price that works for a retail MLS listing at full market value does not necessarily work if you need to move in twelve months and take whatever offer comes. Take a hous…
I have 34 spaces in a comparable situation and I've been running it as one number, but I wonder if breaking it down by individual space would surface anything useful, like which r…
Had a guy come out to a bathroom in my Różanka duplex in March. Retiled three walls, left a gap around the drain the width of my thumb, asked for the second installment, and disap…
So I have been running numbers on a triplex in Garfield Heights, asking around $189k, and one of the units is a basement apartment that the listing calls an ADU. I got excited bec…
A deal worth studying: a 400-unit facility built in 2019 with 60 percent climate-controlled units underwrote a $18 per square foot premium over drive-up, based on three years of p…
Bought a two-bed in Northside in late 2023, listed it in January 2024. Average nightly rate has been $112, occupancy running around 68 percent, so roughly $2,300 gross most months…
That gap matters because the substantial improvement test and the exclusion benefit operate on different timelines, and most people treat them as the same problem. The improvement…
The assumption I keep seeing tested is that motivated sellers carry paper because they need to move the property. Sometimes that is true, but the more durable reason in this rate…
The math on that gap looks compelling until you sit with what actually closes it. A resident who owns their home and has lived on that lot for eleven years is not comparing their…
Asking because I have a note right now where the sponsor skipped Q3 and Q4 distributions and the PPM language says "cumulative preferred return" but does not specify whether the a…
I always heard you vet the contractor, not the other way around. Three conversations in the last month changed that. A flipper I know handed keys on a $58k scope in Berwyn in Sept…
Someone walked me through their QOF subscription documents this week and that sentence was sitting in two separate places, written as though it were a minor scheduling detail. The…
One for every strategy in the guide. Each has its own discussion, live deals, outcomes and polls.
