All 132 real estate strategies.Every room answered.
Start with a RE category
Next, pick a strategy
Then pick the type of post
it finished, here is how it went
Small rural sponsor, 31 LP entities, five properties in towns under 8,000 people. Their entire investor communication was one letter mailed every January. I offered to run the rep…
I wanted income without a second job, and I'd been told repeatedly that liens are a job. So I went the fund route instead of buying certificates myself. $75k in, three year term,…
The listing agreement on this one was 5% and the agent already had me walking the building before it hit the wire, so she wanted dual agency from the first showing. I said yes, wi…
Closed out an LP position last quarter and it worked, though not for any reason in the original deck. Deal was a 300-space structured garage in a mid-size downtown, three blocks f…
This was a private first position loan on a tenant-occupied three bedroom in a mid-size southern metro, funded through a friend who has done twenty of these. $96k against a house…
I got my license seven weeks ago and I have no listings, no buyers, and no idea what I'm doing at the top of the market. What I did have was a Tuesday free, so when an agent in my…
I've posted here about analysis and no deals. This one closed in October and I want the numbers on the record while I still remember what I was thinking. 22 acres, $3,150 an acre,…
This was my first purchase and it was small on purpose, which is the only thing that saved me. 12 acres about 40 minutes out, listed as farmland, $4,200 an acre, so $50,400. The p…
I do paper more than properties, and an operator I have worked with twice asked me to build the package on a distressed estate, 7,100 square feet, deceased owner, three siblings s…
Trying to work out what my first deal actually costs, and I figured the cheapest way to find sellers was to call them myself. So here's what that came to. List: 2,400 absentee own…
I spent three weekends driving two older neighborhoods on the north side of my city, writing down houses with tarps, dead grass in July, mail piled in the box. Ended up with six a…
I hold land and I am slow about everything, so selling a house eleven weeks after buying it is out of character. The arithmetic was better than holding. Acquisition. 1,340 square…
This one's done and funded so I can write it up. Tract was 240 acres of pine in a mixed-age condition, listed at 1.02M, sat for seven months. The listing mentioned "active timber…
Fifteen weeks in, one closed deal, and I can now say exactly which 1,400 I set on fire. I bought a list of 2,100 out-of-state owners for a three county area. Then I filtered it th…
Small one, and I mostly want to write down how it went because everything I read about mezz before this was written for people moving ten times the money. A sponsor I'd co-investe…
Three years ago I put $50k into a 96-unit apartment deal, which was most of what I'd saved toward my own first purchase. I chose it because the sponsor's materials said 27 deals c…
The seller's tape said 5.0% fixed on an $88,300 balance. The original note said 6.875%. That's how I found the mods. There were two of them, one from 2016 and one from 2020, both…
Followup to the market summary question I posted a while back. That job happened, badly priced, and it turned into something. The original $600 became a $2,900 fixed scope once we…
A note holder I'd been talking to for a year had a wrap he wanted cash out of, and I didn't want the whole thing. So I bought a partial, and what I bought was the spread, not the…
Closed a 14 over 3 in a mid-size midwest city last month. 14 apartments, 6,200 square feet of ground floor split into three bays, one of them dark at contract. The listing was mar…