Work for the park platforms or buy next to them?
I've been running service calls for years and half of what I do is water and sewer under old properties. Two of the bigger park operators in my region have started calling around…
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I've been running service calls for years and half of what I do is water and sewer under old properties. Two of the bigger park operators in my region have started calling around…
Take a deal structured as a $420k purchase, $180k rehab budget, senior hard money at $480k funded in draws, and a recorded second at $120k. ARV pencils around $780k. The detail wo…
A small position worth studying, 50k, because it shows what the paper looks like when it works the way a junior lender wants. Take a single family flip in a first ring suburb, pur…
Been building this model for a month and I want to write down where it landed before I talk myself out of it. Direct path. Two existing facilities in the same secondary market, 62…
I have a paid-off three bedroom rental on a 7,200 square foot lot in a permissive jurisdiction, renting at $1,850. I also have about $190k of cash that has to go somewhere this ye…
Short-listing six deals for $300,000 total, $50,000 a position. Two of the LPAs say a limited partner who doesn't fund a call gets diluted at 1.5x the shortfall amount, and a thir…
Long hold person by temperament and I got into LP deals because I wanted institutional-scale exposure without operating anything. Nine positions since 2018, checks between $50k an…
Reports of an operator pulling significant monthly revenue selling motivated seller leads often get labeled a platform in the retelling, and that word is doing a lot of unexamined…
Picture a direct mail operation running for two investor clients on a flat retainer, $2,800 a month each plus mail cost pass-through. The actual work is a saved county pull, a ski…
Operating experience across several hundred rental units teaches an owner which buildings will have a bad year and roughly why, often before it shows up anywhere official. Whether…
Take a two-driver operation, part time, paid by the hour, running residential grids in a mid-size metro, covering roughly 11 to 13 miles an hour on mapped routes with a lot of sto…
Running a two-person route in a metro of about 900k. We log roughly 400 addresses a month between us. Skip tracing at about 18 cents a record, but my usable hit rate (correct owne…
Here is a pattern worth knowing before buying a note course. Picture an eighteen hundred dollar self paced program, twelve modules, with a private forum that turns out to be about…
I've been trying to figure out where I fit on the service side and somebody suggested I go see what an inspection actually is instead of guessing. A housing authority inspector I…
Consider a bridge loan of $6.8m, 12 months with two six month extensions at a point each, secured by 62 acres of ag-zoned land outside a growing metro with transmission running al…
A typical sheet reads: data center ABS, 5 year term, investment grade rating, secured by long term leases to investment grade hyperscale tenants, target coupon in the mid 5s, coll…
Brokerage independent contractor agreements might be the strangest documents in this business. The agreement typically says the agent controls their own hours, methods, and busine…
Consider a land investor with years of buying and holding in one county, strong knowledge of local zoning, and two agents who have separately asked to list under them in exchange…
Writing this for people at my level, which is the level where you read the deck and think you understand it. Two and a half years ago I put $75k into a 60 unit ground-up apartment…
Signed a JV on 11 acres about 20 minutes out from a growing secondary market. Seller was an out of state heir who wanted it gone by year end. I got it at 88k on a 60 day contract…
One for every strategy in the guide. Each has its own discussion, live deals, outcomes and polls.
