every post in the forum, newest first
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…
Consider an investor with eleven units across four small self-managed buildings, all acquired around 2021, sitting on 75,000 dollars of uncommitted capital and weighing direct own…
The deck reached me through someone from my old industry and I have until the 19th to fund or pass. LP minimum is 75k, which is most of what I have set aside, so I would rather be…
I'm reading a fund deck for a stabilized 32MW facility in a secondary market. Going-in cap 6.1%, 15 year triple net lease to an investment grade cloud tenant, 2.5% fixed escalator…
A broker in a small land and rural market faces a genuinely hard call worth laying out. Nine agents, four of them close deals, five do not. Over the last year, eight or nine inbou…
Two student housing profiles come up constantly right now and they are genuinely hard to rank, so it is worth seeing how this room splits. The first is 240 beds within walking dis…
Two buyers looking at the same $40k purchase on a defaulted first can describe the same trade in completely different terms, and both descriptions are legitimate strategies rather…
Day job moved offices in the fall. Old place had a server room with a glass door, a rack, its own little wall mounted air conditioner that dripped, and a sign nobody obeyed about…
Two equity offerings in front of me, same asset type, both targeting low teens IRR on a five year hold. First one: sponsor puts in 10% of the equity alongside investors, 2% acquis…
I've spent about a year reading about this and watching two subdivisions go in near me, and I still can't tell whether I'm supposed to start small or start adjacent. The two paths…
Take a rural dollar store listed at $1,340,000 with rent of $112,500, so roughly an 8.4 cap. Town population about 1,800, and the store is the only general merchandise within 20 m…
This is a smaller question than what usually gets posted here, but it comes up often enough with small mixed buildings that it is worth working through carefully rather than guess…
A useful case for anyone running a small crew alongside a live-in flip. Say a finish and punch-out crew, mostly booked on other people's projects, gets used to fill gaps on the op…
The phrase gets stretched. Ask a building's owner group who is doing a live-in flip and half the hands go up, and half of those mean they repainted and plan to sell in a few years…
Take a crowdfunding portfolio built from roughly 62k deployed across eleven positions on three platforms, average commitment around 5,600, split about 60 percent equity and 40 per…
I'd been doing service work around real estate for a while and figured I understood the business well enough to fund someone else doing it. I did not understand the paperwork part…
My balance sheet is done. 11 units across four small deals, all cash flowing, all levered as far as any lender will go on my income. The next deal I want is a 38 unit at 4.2M, 198…
Here is a waterfall worth working through, because the promote in it is thinner than the term sheet suggests. It is the kind of structure a lender sees from the debt side for year…
Worth studying for anyone assuming a parking lot means minimal upkeep. Take a 22 space lot on a corner in a college town, purchased for $140k on the assumption that no roof, no pl…
Land plays into industrial income without a building on it, and here's how one worth studying comes together. Take 6.1 acres of I-2 zoned ground in a secondary market about 4 mile…
One for every strategy in the guide. Each has its own discussion, live deals, outcomes and polls.
