every post in the forum, newest first
I'm under contract on two houses in the same suburb, closing 11 days apart, and I ended up with two different inspectors because of scheduling. So I have both agreements side by s…
Inspection comes up often as the one piece of a real estate service business an operator could do in house rather than refer out. What is hard to find is a straight answer on the…
I put $90k into a $3.2m mezzanine tranche on a 112-unit workforce apartment deal, expecting a 36 month hold. The sponsor sold at month 14 and I got paid $27k on top of my principa…
Take a parcel bought cheap in 2016, sitting on a highway just past the edge of town. Held for nine years, taxes paid, mowed twice a year, otherwise untouched. The idea that change…
A common first farmland deal involves 78 acres offered off market at $6,100 an acre, roughly $476,000, to a buyer whose experience is limited to owning the building their own busi…
Running numbers on a 640 acre southern pine tract, mixed age, roughly 30 percent in stands 18 years or older. Ask is $2,650 an acre so about $1.7m. Standing inventory appraisal su…
Consider a bird dogging operation running three spotters and five investor clients, delivering 74 accepted leads in a strong month. A typical revenue split in that scenario: the l…
I've got capital and no deal flow, and two people have offered to send me leads. One wants a flat amount per lead he sends. The other wants nothing up front and a cut when I close…
Tagging along on an appraisal for a house under contract is instructive. A typical appraiser walkthrough on a split level might take nine minutes: a laser measurement of the main…
A cautionary pattern worth knowing before hiring anyone to build out a CRM stack: a small partnership hires a consultant to build a full pipeline system, property tracking, capita…
Re-underwriting room rented houses tends to expose the reserve line as the softest number in the whole model. Rent, taxes, and insurance can be defended within a few hundred dolla…
Take a 10-bed residential assisted living conversion. The exit assumption tends to do more work than anything else in the model, so it is worth laying out how the two approaches d…
For anyone new to this channel: a notice of default is the document a lender or trustee records at the county when a borrower is far enough behind for foreclosure to start. It's p…
I've got a sleeve I want to put into crowdfunded deals over time, and the sequencing is where I keep stalling. Not the amount, the pacing. One way: pick a couple of platforms, tak…
A co-GP agreement came across my desk for a $12M multifamily deal. The offer is 30% of the promote in exchange for introducing investors up to a $4M raise. No asset management dut…
A common structure worth thinking through: a sponsor offers an operating partner a seat inside the GP on a 112 unit two-property portfolio, 9.1m all in, 3.2m equity, with the part…
Here is a scenario worth working through. A 5,900 sq ft luxury flip finished in late spring. Bought at 2.6M, all in at 3.68M including a scope overrun that is not worth relitigati…
Looking at a luxury flip as a passive investor. Deck says $2.6M acquisition, $700k renovation budget, $4.2M target resale. Debt at 65 percent of cost, 12 month term with one 6 mon…
Take a seller lead product running in several metros, where every lead currently goes to three buyers at once for a shared price, versus an exclusive price at a discount to the sh…
Consider a wholesaler on the buy side who cannot move contracts, bringing in a dispo partner on a 35 percent of net spread basis, no retainer, no floor, the dispo partner treating…
One for every strategy in the guide. Each has its own discussion, live deals, outcomes and polls.
