All 132 real estate strategies.Every room answered.
Start with a RE category
Next, pick a strategy
Then pick the type of post
it finished, here is how it went
Got offered an allocation in a private open-ended real estate fund. 100k minimum, quarterly redemption with gate language that let them suspend, marks published quarterly by the m…
I've done four deals with outside money now and the fourth one is the only reason I'm posting, because it took one email. Deal one, two years ago: 145k of equity from three people…
Sold a side-by-side duplex last quarter, 1970s, both units 2/1, one tenant-occupied on a lease with 8 months left and one vacant since a move-out in the fall. Basis was 196k, I li…
A partner in an 88-key extended stay wanted out badly enough to sell into a market of one. The units had been marked by the sponsor at $300k. I paid $186k, in cash, with the spons…
Detached 480 sf one bedroom, prefab shell set on a slab in my backyard, finished last fall. Renting at $1,595. Total spend $131,400 including site work, utility runs, permits, and…
I've been trying to work out where I fit on the service side and this landed in my lap. An owner with a six room house had five people move out in the same two weeks (student cale…
Small thing but it cost me and I would rather write it down. I paid a two person shop $600 a month for two months to run Facebook lead ads pointing at private lending, mostly to s…
This is the first thing I ever did with real money and it went to zero, so here it is in plain terms in case someone else is looking at the same kind of offer. What it was. A grou…
Following on from my dumpster question. I did the cleanout myself over two weekends and before anything went in the can I pulled out anything metal. What came out: the riding mowe…
A year ago I bought two small seller-financed notes at a discount. Both are single family, both performing, combined payments a bit under $1,400 a month. I had no idea how to reco…
I do land and I read parcel files for fun, so when a two-broker land shop asked if I'd write what they were calling "the sheet you keep sending me," I turned it into a retainer in…
A woman two streets over from my mother's place had a 3/2 rental she'd owned since the nineties, tenant paying 780 in a market that supports 1,350, and she'd stopped answering the…
I want income without a second job, so I've been slow about all of this. Signing up for buyer lists was supposed to be research. What I did. Last spring I got on four wholesaler a…
I came into this planning to buy one rental. What I ended up with is a 5-unit in an older brick building, 412k, and the reason I am posting is the tenant files, because that is wh…
My firm does owner's representation and MEP coordination on renovation work. Last month we closed out our first conversion at real scale, a 1979 mid rise, 186,000 gross feet, 140…
I wanted income and no second job. What I bought is nine apartments over two ground floor bays, 3,100 sf total commercial, one bay a physical therapy practice and one a small bake…
This is for anyone on the service side thinking about apartment work, because the mistake was simple and I made it anyway. A make-ready, or a turn, is the work done on an apartmen…
Two adjacent infill lots in a first-ring suburb, bought in 2021 at $71k and $78k. The thesis was that the state was moving on ADU-enabling legislation and the city would follow, a…
Closed this out last month, still annoyed, so writing it down while the invoices are open. The deal: 3/2 ranch, 1,410 sf, bought at 168k off a wholesaler, 61k in renovation, all-i…
Two years in on a 10 room licensed house I took over with residents already in place. The number I actually track is average tenancy measured at move-out, and it went from 7 month…