every post in the forum, newest first
Three years in on a sub-to and it's worked, so here's what it actually took rather than the version where you inherit a rate and go to sleep. Acquisition: 1990s four bed in an inn…
Here's the deal I'm looking at. Loan is 2.9%, balance 227k, PITI is 1,412 with 310 of that going to escrow. Rent comps are 1,725 to 1,775. The problem is what happens to that 310.…
Builders sometimes carry paperwork inherited from a prior employer long after it stops fitting the business, a two page sub agreement with no change order procedure, no notice req…
I've been reading through the paperwork on a 30-unit single-asset raise a sponsor is putting together, mostly to understand who does what on a deal like that. Securities counsel c…
I've got a two page JV agreement from a wholesaler who's been doing this eleven years in my market. Deal is a duplex, both sides vacant, seller inherited it and lives four states…
Just started, everything is new. People in this space say JV about about four different things and I can't tell them apart. Someone told me they JV'd a deal and all they did was t…
Three weeks into setting up a self-directed Roth and I hadn't gotten as far as who's allowed to live in the thing. Told my daughter about the plan at dinner and she asked, half jo…
A useful case for anyone figuring out which luxury flip strategy actually fits their capital: an operator spends four months circling a dated 2.4M ranch on a good street in a genu…
Land development looks attractive to a lot of people with full time jobs because the timelines are long, which reads as spread out. Long project, not much happening most weeks, se…
Say someone builds a sheet to answer whether staging is worth it on a house about to be listed, and pulls 11 listings in one submarket over 14 months, same general price band, 240…
Staging inventory is worth modeling as a capital business rather than a service, and the whole picture tends to live or die on inventory turns. Consider a package for a 1,700 squa…
Picture a prep call for a credit committee reviewing a single tenant data center shell on a campus in an emerging Sun Belt market, phase one at about 48 megawatts of contract capa…
Six weeks in, so this is early, but the part I was scared of is done and I want to write it down while I remember the details. 1970s three bed two bath in a small city about 50 mi…
Take an eight unit brick building, all one and two bedrooms, owned free and clear, gross scheduled rent around 96k and NOI last year of 58k after real management and real capex. L…
Take a mixed-use building where the seller would sell tomorrow if the buyer could get a loan. The buyer is self-employed two years, and most banks want three, so owner financing c…
Sitting on a JV pitch from a two person outfit that works notice-of-default lists in three counties. They want me to fund the acquisition capital and, separately, a quarter of out…
Working on getting licensed and I want to understand this from the ground up before I ever try it. Everything I read says lead with empathy and never mention how you found them. B…
Take a builder who does one or two spec houses a year. Say he has a lot and a construction loan but needs money to cover the gap between draws, offering 12 percent for what he exp…
Take a 1970s three bedroom in a soft suburban submarket, listed in spring. Say the seller pays for the agent's standard package plus $2,750 out of pocket for the premium treatment…
Take a small photo and video team pricing a retainer for a 14 agent brokerage: $1,900 a month, six shoots included, additional shoots at $140. The assumption behind that number is…
One for every strategy in the guide. Each has its own discussion, live deals, outcomes and polls.
