Here is a live scenario worth working through, because it comes up more often than people expect. A buyer is under contract on a triplex in akron, ohio at $312,000 and set to clos…
Here is a scenario worth working through. An LP in a 2021 multifamily syndication, 312 units in Phoenix, spots a line on the K-1 labeled as a content fee. It comes to $14,400 annu…
A DST offering for a single asset, 96-key limited service hotel under an upper-midscale flag in a secondary sunbelt market, illustrates a mismatch worth watching for in any hotel…
Take 40 acres of raw ag-adjacent land under contract at 88k, all cash inside a traditional self-directed IRA, in a rural market where low price point land like this trades often.…
Notice came Friday. The sponsor on a 78-key leisure-destination hotel wants $1.1M of new money across the LP class, $780k of it for working capital through shoulder season and $32…
My first rental closes in six weeks so I'm not buying this, but my agent sent me a listing to look at as a comparison and I can't make sense of it. Small two story, a hair salon o…
I have 22k that came out of a car I didn't end up replacing. I want it in real estate exposure without becoming a landlord this year, so public REITs are where I landed. What I ha…
A common first-purchase decision in small multifamily comes down to two properties a mile apart in the same town. Say a duplex lists at 315k, both sides rented at 1,450 and 1,400…
Worth flagging for anyone reviewing a loan participation agreement: language granting an "undivided beneficial interest" in a loan, paired with a clause barring the participant fr…
Property managers with a meaningful share of first-time landlord owners tend to field the same five questions on repeat: how to screen, what to do when rent is late, who pays for…
Here is a mid-project decision worth working through as a room, because the mechanics repeat on almost any site that drains two ways. Take 112 acres rezoned last year with a preli…
Take a parcel like this: 22.4 acres under contract at $410k, 90 day due diligence, $15k going hard at day 30. Front 6 acres zoned for two-unit residential, back 16 agricultural wi…
Bought a brick fourplex in a designated tract in March. Purchase was 265k. My accountant allocated 78k to land and 187k to the building, which means the improvement number I have…
Take a 12 unit, all two bedrooms, in place NOI of 118k after 5% vacancy and 250 per unit per year reserves, with a maturing bridge loan pushing the timeline. Three term sheets on…
Say a buyer is reading the agreement an agent sent over before touring anything, and two things do not parse. First, a paragraph titled protection period. It says that if the agre…
Here's a scenario worth working through: an owner of a few small buildings has $92k sitting idle after a refinance and doesn't want it parked in savings for another year. A local…
I mail land and small acreage, so this was a side experiment. I pulled the notices of default from two rural counties for the last 90 days, filtered to anything with more than 5 a…
Take a rural note offered at 19k, unpaid balance 58,300, no payments since late 2024. The property is 3.1 acres with a 1998 double-wide on it, tax record showing land and improvem…
Value-add multifamily on a portal, 96 units, 1978 construction, three story walk-ups, two markets over from where I do my renovation work. $28.5M purchase, $1.77M renovation budge…
Consider a live-in flip at the two year one month mark. Bought at $268k, roughly $74k of work, basis call it $350k with closing costs. Comps sit at $470k. For a married couple fil…