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LossOff-Market Deal Sourcing

Took a 60k discount on a 4-unit, gave back 71k finding out why

Closed this last spring, done unwinding it now, so here are the numbers. Off-market lead, tired landlord, 22 years of ownership, came off a mail campaign I'd been running for six…

35Rrenee_dubois Get yours17 replies

DiscussionTitle Company / Title Services

Do you use the title company your agent always uses, or shop it yourself?

Somebody asked me this week and I gave a muddier answer than I wanted to, so putting it to the room. A buyer signs a contract, and there's usually a title or settlement company al…

monica_tran3SF4CPRO113 replies

DiscussionGeneral Contracting / Rehab Crews

Turning down homeowner kitchens to keep two slots open for investor rehabs

License paperwork is nearly through and I have two directions in front of me that I can't run at the same time with three guys. Direction one is investor work only. Repeat clients…

9Rryanmck27SC2C4 replies

DiscussionReal Estate Syndications (Limited Partner)

Exit cap 15 basis points above entry, five year hold. Which line do you break first?

I've been reading two offering models side by side for a week and the thing that keeps stopping me is the terminal value. Deal one: 200 units, entry cap 5.1, exit cap 5.25 at the…

35Kkevin_lombardPG1BPRO176 replies

LossOpportunity Zone Fund Investing

My QOF sat 60% in cash through two testing dates, and I ate the drag

Gain was $265k from selling my share of a small equipment business in 2022. I rolled it inside the window into a two-asset QOF run by a regional sponsor, $250k in, rest of the gai…

aliyah_bAU2APRO9Answered4 replies

DiscussionOpportunity Zone Fund Investing

If I hold ten years, is the tax on the appreciation really zero

I've held land for a long time and the part of this program that interests me is the ten year piece, where I keep reading that the appreciation on the new investment comes out wit…

karen_whitfieldPG4APRO7Answered6 replies

From the desk:Real Estate Crowdfunding (Investor)

Same target IRR on two platforms, and the fee stack makes them different deals

I've been building a spreadsheet to compare offerings across platforms and it's gotten out of hand, because the headline number is the only thing that's comparable and it's the le…

jessreyes12AU1APRO16Answered6 replies

DiscussionReal Estate Crowdfunding (Investor)

Deal page says accredited only and I don't clear the bar. What's actually open to me?

Two multifamily deals I've been watching on one of the bigger portals both have the same gray banner across the invest button: accredited investors only. My service business incom…

monica_tran3SF4CPRO11Answered8 replies

DiscussionTax Lien (Capital Scale)

One county deep or six counties wide for a first serious lien allocation

I'm reading this room from the outside, first rental still ahead of me, and the thing I can't resolve is how people decide the geographic shape before they've bought anything. The…

paulgrant17PassivePRO74 replies

DiscussionWholesaling

Where does a dispo service sit under the new marketing rules?

I'm building out a done-for-you dispo and transaction coordination service for wholesalers. Flat $1,500 per closing. The work is taking their signed purchase contract, sending it…

mikeoconnell7SP2APRO171 reply

From the desk:Wholesaling

A wholesaler sent me a house for my first rental. Buying what, exactly?

I've been getting ready for a first rental for about a year, mostly reading about screening tenants, and now something landed in my inbox before I was ready for it. A guy who call…

paulgrant17PassivePRO715 replies

DiscussionSingle-Family Rentals (SFR)

Is the 1 percent rule still a useful first-pass screen, or is it just nostalgia now

A listing came through this week at 289k asking, and the same street rents at about 2,050 for a comparable three bedroom. That's 0.71 percent of price in monthly rent. Twelve year…

37Bbrandonlee36Passive12 replies

WinInvestor Relations (For Syndicators)

Took over updates for 88 LPs, and the next raise closed 71% from that base

The sponsor I contract for had 88 LP entities across three deals and no reporting cadence at all. Updates went out when something happened, which averaged one every five months, a…

jessreyes12AU1APRO1610 replies

DiscussionPrivate REITs (Investor)

What does the fee stack on a public non-traded REIT actually add up to

I want the numbers on the fee side before I go further. Say I put in $50,000. What comes off the top before a dollar reaches a building, and what comes off every year after that.…

24Hhannah_west29 Get yoursAnswered4 replies

From the desk:Private REITs (Investor)

Performance participation crystallizes annually on appraisal gains. Where's the give-back?

Spent the weekend in the advisory agreement and the repurchase plan for a NAV REIT rather than the fact sheet, which is where the fact sheet doesn't want you. The performance part…

wendy_park48CapitalPRO15Answered6 replies

DiscussionCommercial Development

Retool the crew for data center scopes or stay wide across local commercial

Third inquiry this quarter came from a general contractor prequalifying subs for hyperscale work about 90 minutes out. Big scopes, long schedules, prequalification requirements I'…

mikeoconnell7SP2APRO1711 replies

Story

The bank's automated value missed by 61k, so I wrote three emails to get a person out

Applied for a line of credit against a rental I've held six years. The bank came back with a value that was 61,000 under what I had it at, and my number wasn't a hopeful number, i…

7Hhannah_west29 Get yours5 replies

Story

The newest person at the brokerage is the one who opens the blinds and waits

Still working through licensing and doing the errands that come with being the newest person attached to a brokerage. One of those errands is going to a house early, turning on ev…

30Rryanmck27SC2C10 replies

DiscussionAccessory Dwelling Units (ADUs)

Second electric meter at $9,000, or just fold power into the rent?

Detached 700 sq ft going behind the house, plans are close to done. The electrician priced a second electric service and meter at about $9,000 including the trench and a new subpa…

angela_burkeServicePRO12Answered7 replies

From the desk:Accessory Dwelling Units (ADUs)

My own numbers say the second client ADU should never have started

My crew does light framing and finish work and over the last two years we've been pulled into ADU work as a sub on detached builds. I've got two running right now for the same GC…

angela_burkeServicePRO12Answered9 replies

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