every post in the forum, newest first
I've been rebuilding my acquisition template since the August 2024 rule changes and I keep hitting the same fork on one line. Option one: put the buyer-agent fee in as a real cash…
A situation that comes up constantly with first time buyers looking at small houses in outlying towns. The sign has the listing agent's number on it, so the buyer calls that numbe…
Bought this two years ago as the boring end of a portfolio that's otherwise flips and a small BRRRR stack. Loblolly plantation, planted in a good year, 310 acres of which about 28…
Closed August of the year before last, sold this past spring, out about 118k including closing costs on both ends. First facility I ever bought and I'd read everything twice, whic…
Take a scenario worth working through: a 130-unit 55-plus community, twelve years old, sitting at 95 percent occupancy. A full-time lifestyle director costs the property about $71…
A case worth studying for anyone carrying paper on templates. Take a small two bed one bath sold in a low price market for 62k. Buyer puts 6k down, seller carries 56k at 9% on a 2…
Fast is my whole thing and it cost me this time. 6.2 acres, wooded, in a platted rural subdivision from the seventies. Owner in another state, inherited it, hadn't paid attention…
Take a 142 key select service asset in a secondary market. Trailing twelve shows 71.4% occupancy at a 152 ADR, so 108.5 RevPAR. Total revenue 6.1m, GOP 2.45m or 40.2%, base manage…
I've been reading the management agreement on a select service deal a group I know is putting together, 140 keys, secondary market with a hospital and a state university inside th…
Take an operator with 22 units, three spreadsheets, and four years of Gmail, moving to a real CRM with two properties under contract and a system that has been little more than a…
Trying to figure out what people pay for this. I asked in a chat and got answers from 500 to 15,000 for what sounded like the same thing, which tells me either the market is wild…
Consider a bird dogging operation running leads for two investor clients buying small multifamily and tired single family in a metro area, paying a driver per delivered address wi…
Agent sent me his buyer agreement to sign before he'll show me anything. Six month term, exclusive, covers all residential purchases in two counties. I asked whether he'd do a ver…
Two title agents in the same state gave me opposite answers last week, which is why I'm asking here instead of picking one. The setup: I'm building the file template for out-of-st…
Take 27 acres platted into six lots, with a preliminary plat conditioned on access. The county will accept either a shared private drive built to its gravel standard with a turnar…
Take a single family BRRRR: purchase 158k, rehab comes in at 41k against a 36k budget, closing and holding 11k, all in 210k. Appraised at 268k, a solid appraisal only 7k under est…
I hold for a long time and I don't enjoy debt, so I keep arriving at the opposite conclusion from most people in this room. Deal I'm modeling: all-in $180k, ARV around $240k. At a…
A 48,000 sf single tenant industrial building, 28 foot clear, built 2006, leased to a third party logistics operator with 6 years remaining, asking $3.35M against $231,000 NOI for…
For an investor whose entire portfolio is small residential, this one is new. Take a 12,000 sf flex building split into three bays, and a lender whose term sheet makes a Phase I e…
Take a 28 site park that currently runs on a wall calendar and a cordless phone, the kind of setup a buyer often inherits. Price the software for it and the answers come back wild…
One for every strategy in the guide. Each has its own discussion, live deals, outcomes and polls.
