The fund throws off interest income, so I'm trying to figure out if sheltering that inside a traditional SDIRA changes anything materially when I eventually take distributions and…
Where a 55 plus active adult property sits in lenders' heads is a real question with real dollars attached. Picture a 48 unit property, age restricted, no meals and no licensed ca…
An accountant looking at a QOF for the first time will often say the tax tail is wagging the dog, and the phrase deserves a closer look. Picture a 96 unit workforce housing deal i…
I've been trying to figure out if that means deals pencil now or if costs moved so much that the spread still doesn't work. Looked at a 48 unit in Tucson last week, asking $4.1M,…
One roofer, same material, same pitch, one job done in March 2022 and one in August 2023. My CPA assigned 27.5 years to the first and 15 years to the second under some component r…
Take a 22 unit that costs about 4,200 a month to operate hands on, where an asset management fee set at 1.5 percent of gross comes to roughly 1,890. The 2,300 difference is real l…
What is the best social media to help investors find property to buy? I’m trying to hunt for properties myself and for other investors. Best way to market that?
I came into this thinking a HELOC was the smarter move because the rate is lower and you avoid points. I have about $60k in equity in my primary in Phoenix, which pencils to maybe…
Dallas, Lakewood pocket, 1958 ranch, bought at 187. The whole point of the layout change was to justify the 385 ARV I need to make this work. Open concept kitchen to living was wh…
Picture the buyer's side of a wrap in Phoenix. The underlying is a 2019 VA loan at 3.25, the seller wants to wrap it at 6.5, and the property is $410k. The spread looks fine. The…
Anyone who spends time inside buildings while other people decide whether to buy them hears a lot of assumptions get made from a rent roll and a survey. Take a common scenario. A…
My brother and I have nine doors and none of them came from a following or a net worth head start, so I watch this from the outside, but I think the real question is whether the m…
The standard agency pitch is that you pay a premium over a raw hire because the training has already been done. Fine. But the harder question is what a trained seat actually retai…
Passive investors in medical office funds generally expect the first few K-1s to carry meaningful depreciation. A cost segregation study in year one, with bonus depreciation flowi…
Dispo networks get mentioned by active investors like they are just part of the process, and for anyone coming up outside the wholesale world it is worth asking plainly what they…
A failure mode worth naming in service sourcing agreements. An acquisitions person gets engaged on a tight buy box, single family under 280k in two specific zip codes with an ARV…
Here is a scenario worth working through honestly, because the numbers are common. Picture someone pulling Notice of Default filings from the county recorder every month for about…
Talking to a seller right now on 47 acres in a rural county about two hours from me, asking $31,000. Sounds fine until I started reading about timber severances and now I don't kn…
Here is a situation that comes up more than it should. A transaction coordinator who also handles dispo gets a packet with a stated ARV of $187,000 on a property in a zip where th…
I had modeled 1.5% going in, which would have been $43,500, but my attorney flagged a clause we negotiated at LOI that I had completely forgotten about, tied to the final purchase…