someone asked, the room worked it out
So I'm on the passive side and still in the prep phase, not selling anything yet, but I bought a small condo in Cleveland last year thinking I might list it this spring. Hired an…
Take a seller carrying about $180k on a $210k sale where the parcel might actually comp closer to $240k. The question is whether that gap between sale price and appraised value ch…
Trying to work out how to think about this as someone still in the saving phase. I have about 34k set aside toward a down payment on a small multifamily, probably a duplex or trip…
Closing in about six weeks on a duplex in Akron, 1940s build, previous tenant left two years ago. The listing photos show furniture, bags, a full garage. I have not walked it yet.…
I've been running skip trace pulls off county delinquent tax rolls for two counties in the mid-Atlantic, maybe 400 records a month, and the overlap with what the paid list vendors…
I'm on the service side, so I come into deals from a different angle than most people here. I work with operators and watch transactions move from the inside, which means I see wh…
I have two properties, one in Scottsdale and one in Gatlinburg, and I keep going back and forth on whether to pay for drone shoots when I relist them this spring. The Scottsdale p…
Accountant flagged it immediately, said California doesn't conform to bonus depreciation the way federal does, so the loss I was counting on for federal purposes just... Doesn't e…
I've been watching my one STR in Dayton, Ohio and trying to figure out if what I'm seeing is specific to that unit or something broader. Occupancy last quarter came in at 54%, dow…
I had a funder send me a term sheet last week on a 187,000 A-B leg, and buried in paragraph 9 was language about a first-position lien on the property. The property I don't own ye…
That landed differently than I expected. I've been reading contracts trying to figure out how to hold a crew to a finish date, and he's already built the assumption of failure int…
Been running my loops around the Riverside industrial corridor for about six weeks now. Logged 84 addresses in that stretch alone. Guy at a meetup Tuesday said I was wasting stamp…
The debt side of a QOF deserves more discussion than it gets, because it is genuinely unclear whether private lending into one is a normal thing or whether the structure makes it…
I have nine doors and every time I think I'm going to put something into a REIT position I end up pulling that cash for a scope change or a contractor who needs paying faster than…
Here is a case worth studying for anyone in a pref position on a value-add deal with bridge debt. Picture a pref investor 14 months into a 36-month hold on a 220-unit garden compl…
Take a 64 bed property, 2008 construction, about 12 miles outside a mid size state university in central Pennsylvania. Enrollment around 11,000, flat for six years. Ask is $4.2M,…
An agent who has sold in a market like the South Bay for six years and watched maybe 400 deals close, including perhaps 30 cosmetic flips, usually believes that means they underst…
Here is a scenario that comes up more often than it should in this asset class. Say a buyer closes a 28 site park outside Hocking Hills in September at 410k, and the dump station…
Running a small raise right now, so the capital question is real. If I sell the appointments at $300 each I clear $900 and stay liquid, but two of these sellers are in zip codes I…
Cross-checking MLS license claims against the city portal is one of the cheapest pieces of diligence in this asset class, and almost nobody does it. Consider a sample of 35 licens…
One for every strategy in the guide. Each has its own discussion, live deals, outcomes and polls.
