Turned a unit last month where the dog had worked on the base of every door frame in the place, plus the carpet, plus a section of the vinyl in the kitchen. Total scope came in ar…
I've got signed agreements on three small apartment buildings, 22, 34 and 41 units, all in the same submarket about twelve minutes apart. Fees come to roughly $9,100 a month at 6%…
I manage a building for an OZ fund and I've spent the last month reading offering documents for my own account, and I keep landing on the same fork. Single-asset funds. One proper…
I've got money set aside for a first small multifamily and I've now interviewed two agents who both call themselves investor focused. The first one brought me three properties tha…
First rental is coming and it looks like it's going to be a house with a detached cottage in the back rather than the duplex I originally wanted. Which means I have to decide whic…
The same argument keeps coming at me from two directions when I read about how private capital moves, so I'd rather ask than keep guessing. One side says a specialist earns their…
I've owned an 88-space lot two blocks off a core business district for four years. Right now 55 spaces are on monthly contracts at $145, and the rest run transient off a kiosk. Th…
Working out the first eighteen months of a brokerage and the two paths look genuinely different, not just in marketing but in what the P&L looks like. Conventional purchase lane.…
I'm starting from zero and reading listings I can't buy yet, and the two that keep showing up in my saved list are opposites, so I want to know how the room splits. One is a 34 si…
Still figuring out where to put money and I've been talking to two people who source for out of area buyers. They work completely differently and I want to understand which one I'…
Two things came across my desk in the same month. One is a public non-traded REIT holding nothing but data centers and a small amount of build-to-suit development. The other is a…
My business is service work, so clients vet me all day long, and I've got a decent sense of which questions actually reveal something. Now I'm on the other side looking at a first…
I've been reading a seller's package on a 14 over 4 while I wait on my own much smaller first deal, mostly to learn how these get valued. The package includes an appraisal from ei…
Two ways to buy the same three or four unit building and I've watched people argue this without either side moving. More down: smaller payment, more monthly cushion, and the build…
The carpet came up yesterday and there's red oak under all of it. Dull, one bedroom has pet stains that went through the finish, but the boards are flat and tight and nothing is c…
Trying to work out where money goes on the acquisition side, and I don't think this has an obvious answer. The case for paying the fee: you see the actual property, with actual nu…
I've got about $9,000 to put into equipment and I've been sitting on the same fork for three weeks. Version one, narrow. Buy the 3D capture system plus a subscription, learn to sc…
I did a controlled version of this last month because I couldn't get a straight answer anywhere. Same 2.5 hours, same afternoon light, two different sides of a 1950s tract area wi…
Two things in front of me and I only want to buy one note this year. Option one is a tape from a note broker. Eleven performing loans, seasoned bank paper, asking 72 to 84 of unpa…
I've got a set amount I'm willing to put into private lending this year and I keep going back and forth on which seat teaches me more. Option one is small gap pieces behind other…