live deals, numbers on the table
Take an investor who closed out a seasoned position in late September with a gain of roughly $610k, mostly long term, and a 180 day window running out in the third week of March.…
Here is a comparison sheet worth breaking. Non traded NAV REIT, quoted distribution rate 5.5 percent on NAV, sponsor's own materials suggesting low single digit NAV appreciation o…
Take a content operator running listing packages for agents and small investment shops: 16 posts, 4 short videos, and two listing writeups a month at $1,450. After rebuilding prod…
Here is a scenario worth working through because it is where a lot of owner users first meet land banking without meaning to. A contractor's storage yard lease runs out in March.…
This is the allocation I've been circling since summer and I have to decide before year end because one of the funds closes. The fund: value-add multifamily, Sun Belt and lower mi…
Consider a sponsor whose entire investor record lives in spreadsheets plus a shared drive: 340 unique LPs, 11 deal entities, some from 2018 and 2019 vintages still holding. Two we…
Someone I trust forwarded me a deck for a self-storage fund. Minimum is $50k, which is most of what I have set aside, so I want to understand it before I do anything. The fees I c…
Here is a scenario worth working through together. Small town, population under 4,000, about 40 minutes from anything. Three bed two bath on 5.1 acres, well and septic, built 1996…
I've been sitting with the interest rate sensitivity disclosure on an agency mortgage REIT and I think it's telling me something the summary doesn't. The table gives estimated cha…
An agency told me I can't run ads to my own site because the page is slow and has nothing on it that asks for a phone number, and quoted $650 to build a landing page for one 40 ac…
Take a brokerage with 24 agents, 18 of whom closed at least one side in the last 12 months. Trailing numbers: 118 closings, average GCI per side $8,900, so roughly $1.05M gross. C…
Here is a scenario worth working through, because it is the point where most lead platform builders stall. Say someone has spent seven months building and has reached the part whe…
A scenario the room can work through. Three units, two 2 bedrooms and a 1 bedroom in the back. The 2 beds are rented at 1,250 and 1,225, both tenants over a year, both paying on t…
Take two adjacent 8-unit buildings near a regional public university in the upper midwest, 16 units total, mostly 3 bedroom, leased by the unit rather than by the bed at 1,850 a u…
A scenario worth working through. An owner buys 22 acres for the land. There is a 1970s farmhouse on it, three bedrooms, sound roof, working well and septic, and it has been treat…
A staging agreement for a spec build finishing in about five weeks might include terms like a 9,800 dollar install fee for 11 spaces, a 90 day minimum term, 1,450 a month after th…
Been building the first deal budget for months and I finally ran the crowdfunding version side by side against the small rental version, because at some point I have to pick a lan…
Take a BRRRR structure where an operator buys a duplex at 210k with his own bridge financing, a lender's 90k funds the rehab, and repayment comes from the cash out refinance at an…
A useful exercise for anyone who has only read about promotes in the abstract is to build a paper deal and pay the sponsor in the spreadsheet. Here is one to work through. Take 60…
Consider an operator running remote contract assignments across two states, eleven months in, funding a small rental portfolio with the proceeds. A representative eleven month str…
One for every strategy in the guide. Each has its own discussion, live deals, outcomes and polls.
