Sponsors genuinely split on this one, so it is worth seeing where the room lands. Situation shape: a property loses a chunk of occupancy in the second month of a quarter. Not a ca…
A standard rate card often covers a license to use images to market one listing, delivered as edited JPEGs, with the photographer keeping the files. That arrangement tends to hold…
For a mail and inbound operation, the number that decides everything is whether someone talked to the seller before the lead goes out the door. Raw inbound with a name and a numbe…
I own land and one small house I've held for six years. An inspector I met at a county thing pitched me on what he calls a maintenance inspection. Same walk-through as a purchase…
Deep in diligence on a 120 site park at 4.2M, seller's NOI 372k, so call it 8.8 going in. Good corridor location with a state park eight miles away. The revenue side holds up unde…
16 acres, listed a while, frontage on two roads, priced at about $7,500 an acre. The listing says "possible split" which I've learned means nothing. The county ordinance is online…
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I got dragged into a hotel walk because a friend of a friend needed someone to hold a tape measure. 140 keys, select service, built 2007, off a highway interchange that used to be…
Owner-occupant financing requires living in the property for a minimum period, commonly around a year, and what to do once that clock expires is one of the more genuinely debated…
A useful case to work through: 32 licensed AL units, single story, 2004 build, asking $4.6M, so $144k a door. T-12 revenue $1.9M against T-12 expenses of $1.72M, trailing NOI abou…
This is the question I'd have been too embarrassed to ask out loud. Every article about residential assisted living talks about it as a real estate strategy, and then somewhere in…
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The sector can stay abstract no matter how much gets read about it, until someone drives out to actually look at one. What is usually there is a long gray box with no windows, a f…
Consider a small older four unit building, all two bed units, under contract at $560,000, where the appraisal comes back at $489,000 and the loan dies on it. Costs like the apprai…
Take a pad site, roughly 0.9 acres in front of a grocery anchor, asking $410k, zoned for retail, marketed as suitable for an owner-user or small developer. Most commercial develop…
Land is 3.1 acres, entitled for a 34,000 sf light industrial shell on the edge of a distribution corridor in a mid-size metro. I control it at $780k with closing tied to loan clos…
An investor I know through my exam prep group asked me to bring my contacts to his deals. His offer is 30% of whatever assignment fee he collects, and he says I never touch the co…
Two wholesalers in the same metro want me running disposition for them once my license clears, probably six weeks out. Combined they put 9 to 12 houses a month under contract. The…
I hold land and small long positions and I've been reading here for a while, and the advice splits cleanly enough that I want to see the vote. One camp says do a performing note f…
I do fast deals normally, so a ten year hold is the opposite of everything I usually do. Writing this for people who are where I was in March, which is having a gain and no idea w…
I've had a $145k gain sitting from a business sale since the spring and no strong opinion about where it should go. I ended up building a one page checklist and running every fund…
I've been reading a gap funding term sheet that a lender publishes as an example, and two lines on the same page seem to point in different directions. One says the loan is secure…