every post in the forum, newest first
Take a small 6 unit that comes up two blocks from a building an investor already owns. Asking 720,000, in-place NOI 41,000, so 5.7 percent before any capital goes in. It needs roo…
My real estate is land. Roughly 60 acres held long, some of it leased for hay at a number that barely covers taxes, and a smaller parcel I expect to be worth something when the gr…
The convergence argument shows up everywhere: public REITs trading at a discount to both broader equities and to private real estate marks, with the private gap described as the l…
Take a note: 200k sale price, 20k down, 180k carried at 8 percent, 30 year amortization, balloon at year five. Payment runs roughly 1,320 a month, balance at the balloon around 17…
A common seller financing scenario involves 40 acres of mostly wooded, unimproved land with a gravel access easement and zoning allowing one house per 10 acres. Say the asking pri…
A position worth arguing. What matters most in a REIT's 10-K is the table of debt maturities by year, the weighted average interest rate on that debt, the share that is fixed vers…
Land and long holds are what I know. Somebody at a meeting said I should hold some REITs for liquidity since my land does nothing for years at a time, and I nodded like I understo…
Two questions come up often from investors sizing a joint venture position. On legal cost, negotiating an actual JV agreement rather than signing a standard form can run anywhere…
This comparison comes up constantly and the arithmetic is worth laying out in full. A capital provider with eleven doors and an unused line of credit gets approached by an operato…
I had an appointment at a title office to ask what a closing actually costs on a first deal, because every number I'd been given online was a range wide enough to drive a truck th…
Consider a property manager asked to take over a 190-space paved lot near a hospital campus and courthouse, previously self-managed with a payment app and occasional weekend check…
An agent sent me a listing for a single parking space in a downtown condo garage. $38,000, HOA dues $95 a month, currently rented to someone in the building for $225 a month. The…
Consider a seller carrying financing on a small 2 bed 1 bath rental, about 780 square feet, sold for 96,000 with 8,000 down and 88,000 financed at 5.5 percent, 30 year amortizatio…
For a group buying small multifamily across several states, mostly in single purpose LLCs with a meaningful share non-financed, the FinCEN residential real estate reporting rule t…
Take an investor running two flip projects a year with an average sale around 340k. At a typical 2.5 percent listing commission, that is 8,500 per sale, or roughly 17k a year goin…
Consider a 3,900 square foot custom home on 1.4 acres, edge of a good school district, listed at $1,149,000 in early spring, where comps support $1.05M to $1.12M depending on how…
A common pattern in lead generation is starting on a retainer model, a handful of investor clients paying a few thousand a month each for dedicated attention, then wanting to move…
Here is a pricing decision worth working through, because the third sale is the one that forecloses everything after it. The asset. Three counties, small multifamily and 1-4 unit…
I've been reading a flyer for a 14,000 sf building leased to a dermatology practice and a physical therapy group. It's described as an off-campus MOB, mostly second generation spa…
I've spent two years looking at land and holding patterns, so buying an actual building with actual tenants is new territory for me. The deal: 6,200 sf single story medical buildi…
One for every strategy in the guide. Each has its own discussion, live deals, outcomes and polls.
