it finished, here is how it went
Consider an agency mortgage REIT position opened around an 11 percent headline yield, say 5,000 dollars into shares near 6.20. Over 15 months the quarterly dividend holds steady w…
Here is what a first purchase through a sourcing service tends to look like when it goes right, with the numbers laid out. Picture a small duplex the buyer did not find himself. S…
Consider a 31,000 square foot multi tenant industrial flex property, four tenants, in a small southeast logistics market. Estate sale, listed for seven months with a residential b…
Take a disposition operation built over seven months. 214 names in the CRM, 61 tagged as verified, meaning proof of funds seen in the last 90 days and at least one confirmed close…
Contract at 74k on a 1,400 square foot two story in an older streetcar neighborhood, roof was near end of life and I priced that in. End buyer at 98k, cash, contract signed, fundi…
This is the loss post. It went fine on paper and then I ran out of money. Bought a 3 bed ranch at 244,000, 3.5 percent down FHA, so 8,540 down and about 6,600 in closing after a s…
This is a case worth studying for anyone who spends time on land and zoning, because it's an easy category to check the wrong thing on. 1970s ranch, four bedrooms, two baths, boug…
A common trap for anyone building a reverse wholesaling buyers list looks like this. Someone doing service work walks through houses all week and figures they can connect the disc…
The deal was a 68,000 square foot storage facility in a secondary southeast market with a 22,000 foot climate controlled addition to be built on excess pad. Portal deal, accredite…
This was a bank-owned two bed plus a converted attic room in an inner-ring suburb, on the market 71 days with two price cuts. List was 164, I offered 141 with proof of funds and a…
A common structure for someone who wants income from an orchard without farming it is to buy the crop and lease out the farming. Take 60 acres of mature pecans, trees mostly 25 to…
Underwriting experience does not automatically transfer to running a wholesaling operation, and a bounded test with a real budget and a stop date is the way to find out. Say the b…
This case is worth walking through because it shows how a JV structure holds up under real friction rather than on paper. Say a capital partner puts $185k into a six unit brick pr…
Take a 28 unit new build in a designated opportunity zone tract that opens partly leased in early 2024. A management contract quoted off the operator's pro forma, which projected…
Take a broker planning a small independent shop, eight to ten agents, in a suburban market where two national franchises take most of the roster. With a broker license and about $…
I do fast stuff normally. Buy, fix in ninety days, sell, thin margin, do it again. Two years ago I got tired of paying tax on all of it and bought a house to live in instead. 1,32…
This is a loss worth studying on process rather than on money, and the process error is the interesting part. Consider an investor who builds a deployment plan around the gap betw…
Take a 40 site RV park, mostly nightly stays, run with one live-on-site camp host receiving a free full hookup site plus $1,400 a month. On paper the role covered cleaning two bat…
Portfolio was $290k across 90 certificates, nine counties in four states. The plan was geographic spread. What I actually built was nine separate procedural calendars and I tried…
Take a small multifamily operator moving into a first single-family purchase, expecting it to be the easy deal. House at 231k, 4/2, 1,600 square feet, built 1994, decent school zo…
One for every strategy in the guide. Each has its own discussion, live deals, outcomes and polls.
