every post in the forum, newest first
Closing on a small single family rental in three weeks. After down payment, closing costs and the first insurance premium I'll have about $40,000 sitting in savings earning basica…
Working through a quarterly report on a bridge fund. The credit summary says zero loans 60 days delinquent and zero in foreclosure. Then the loan schedule shows 15 of 62 loans wit…
A capital call notice on a 1970s vintage multifamily position, 11 percent of original equity, framed as funding an extended lease-up and topping up the interest reserve, is a comm…
A tight, fixed time budget, say eight hours a week with weekends off the table and evenings only half available, is a real constraint worth pricing honestly rather than working ar…
A pattern worth knowing before calling for a quote on a room-by-room rental. Take a four-bedroom house where the bedrooms will be leased individually. The first thing the agent as…
This is my first look at anything in the shared-housing space, so beginner questions ahead. An operator I've met twice is raising for a small fund, six houses, all rented by the r…
A guy in a local investor group is selling a note and offered it to me because I said I had money sitting and no properties. I've read about this for maybe three weeks and I don't…
Running numbers on single-note purchases in the $40k to $70k price range and the friction is worse than the models I've seen assume. Between the transfer fee to move a loan to my…
Worth laying out as a case, because it is a common misread for a first-time crowdfunding investor coming from direct ownership. Say 5k goes into a value-add apartment deal on a pl…
I'm 40 certificates in across six states and I picked those states specifically so I wouldn't be exposed to one housing market. Spent an evening going through why the owners were…
The goal for a lot of buyers looking at small parks in the 500,000 to 900,000 dollar range is income that does not turn into a second job, and the appeal is that the land is what…
Take a case worth studying in public REITs. A portfolio built entirely on a yield screen, owning whatever pays over 6 percent, often ends up concentrated in older retail, net leas…
Two things trip up almost everyone in their first afternoon with REITs. First, a REIT's price-to-earnings number looks absurd next to normal stocks, and the standard advice is to…
Here is a case worth studying closely, laid out with real numbers. An off-market lead comes from a tired landlord after 22 years of ownership, sourced through a mail campaign run…
A question that rarely comes up until someone is mid-process: does a wholesaler need insurance before they own anything? The activity is putting properties under contract and assi…
License paperwork is nearly through and I have two directions in front of me that I can't run at the same time with three guys. Direction one is investor work only. Repeat clients…
This question comes up often enough to be worth laying out clearly. A buyer signs a contract, and there's usually a title or settlement company already penciled in because the age…
I've been reading two offering models side by side for a week and the thing that keeps stopping me is the terminal value. Deal one: 200 units, entry cap 5.1, exit cap 5.25 at the…
I've held land for a long time and the part of this program that interests me is the ten year piece, where I keep reading that the appreciation on the new investment comes out wit…
Gain was $265k from selling my share of a small equipment business in 2022. I rolled it inside the window into a two-asset QOF run by a regional sponsor, $250k in, rest of the gai…
One for every strategy in the guide. Each has its own discussion, live deals, outcomes and polls.
