Price the parking income or the dirt, and what if they disagree?
Looking at two deals in the same mid-size downtown and they've forced a question I can't resolve cleanly. Deal A: 180-space surface lot, two blocks from a hospital campus. Trailin…
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Looking at two deals in the same mid-size downtown and they've forced a question I can't resolve cleanly. Deal A: 180-space surface lot, two blocks from a hospital campus. Trailin…
Here is a case worth studying, because the failure is procedural and it repeats. Take $5,000 into a diversified fund on one of the big portals while the investor builds a list of…
A question from the small investor side. Say someone is saving toward a first purchase and thinking about putting a smaller slice into a crowdfunded deal in the meantime. An agent…
An early fork for anyone starting a live-in-then-rent strategy is whether to buy the house that suits the owner-occupant or the house that suits the future tenant. Owner-occupant…
Mid renovation on a 1920s two story, roof came off the back addition, and I've been flying a $700 drone over it twice a week so I have a record of the framing and the flashing det…
Take a 340,000 dollar stake in a 4.1 million dollar equity raise, LP units, no control, no consent rights beyond the usual major decision list. The documents arrive in three piece…
This comes up when a small multifamily owner looks at a first motel. Say an owner has two fourplexes on landlord policies with the same agent, and a 19 room motel two towns over c…
A useful case for anyone underwriting a first medical office deal involves a 3,400 square foot single tenant medical building, built 2004, in a town of about 28,000 with a small h…
Take an 18,000 sf clinic building, three tenants, 88 percent occupied, asking $4.1m. In place NOI as delivered is about $290k, so 7.1 percent going in, and a typical debt quote on…
Consider a self-directed IRA holding 178k, deployed as private notes at 11 percent on 12 month terms to unrelated borrowers, with two loans out performing cleanly. A third loan ra…
Take an old 401k somewhere in the mid forties that could roll into a self directed account. The goal is income showing up without acquiring a second job, so the lending side appea…
A sourcing agreement worth studying closely is one where the sourcer presents properties to the client first, and if the client has not responded within 24 hours, the property can…
Here is a case worth studying because the failure is a boring underwriting one. A small mixed-use building, two retail bays downstairs and four apartments up, in a secondary marke…
Buying an 18 acre parcel and the seller's marketing had a drone video plus about a dozen aerials, and the listing agent mentioned the seller paid $600 for it. The video is genuine…
Read three different ADU ordinances in the same metro and the thing that keeps changing the math is the owner occupancy condition, well ahead of setbacks or size caps. Two of the…
A common ADU scenario: a homeowner with a deep backyard gets a prefab company quote for a 1 bed 1 bath, 520 square foot unit at $141,000 delivered and set, plus a $27,000 site wor…
I'm looking at a small house near a business corridor and the furnishing decision is the part I keep going back and forth on. Three ways I've seen described here and elsewhere, an…
Read passive office offerings carefully and the same structure shows up in nearly all of them. A five year business plan. Buy at a discount to what the last owner paid, lease up t…
Take a shop closing 61 files a year, 44 of them investor deals on the private and bridge side. On a brokered bridge file, compensation typically runs 100 to 150 basis points depen…
I've got two houses I can realistically pursue in the same metro, forty minutes apart. The first is a build-to-rent unit in a new subdivision, everything under warranty, likely ca…
One for every strategy in the guide. Each has its own discussion, live deals, outcomes and polls.