every post in the forum, newest first
The boring version of this strategy deserves a walkthrough in beginner terms, because the beginner version is the one most people should be running. Take a 61k balance sitting in…
Read a set of closing documents closely and the same transaction seems to describe the same function three ways. The commitment comes from a title insurance company. The settlemen…
Take a rural land case: 6 acres purchased with a plan to split it eventually, a boundary survey ordered ahead of the split, and the survey turning up a neighbor's pasture fence si…
Take a four asset hotel fund, two leisure destination properties in a drive to market and two select service boxes near a mid size airport, raised on a $60m equity base. The stand…
The reporting rule text is worth rereading, because closers keep asking what happens when a buyer entity will not hand over beneficial owner information. The rule took effect Marc…
Sitting on a signed deal where the personal representative wants to close in three weeks. The claim period for creditors in that state hasn't run out, and the title company came b…
Consider a 190-unit value-add LPA where the waterfall pays promote on a deal-by-deal distribution basis, meaning the GP takes 20% above an 8% pref as cash flow comes in, with a lo…
This is a question worth sitting with rather than rushing past, because both sides of it carry real risk. Say retirement savings have sat in index funds for years and the appeal n…
Pull up fourteen land listings and eleven of them will use some version of "potential to subdivide". A representative one: 30 acres in a 2 acre minimum zone, which the agent descr…
Consider a sponsor with 120 acres under contract at $6,800 an acre, $816,000, planning twelve 10 acre lots at a pro forma of $135,000 a lot for $1.62 million gross. A $900,000 rai…
Take an investor who put 55k into three REITs picked for yield and sector spread, residential, net lease retail, and healthcare, at a blended yield of about 5.6 percent, roughly 3…
Take a common scenario: an investor buys an off-market property through a buy-side agent who sourced it through her own network, no MLS, no competing offers, and who takes a reduc…
Consider an agent who asks a construction-savvy consultant to walk a 7,200 square foot house with her before it lists. Her problem is common: she can see the house isn't ready but…
I've spent the last few months reading conversion pitches from the capital side and the split between them is sharper than I expected. One group underwrites the building on its ow…
Two ways of underwriting the same kind of asset can produce very different numbers, and it's worth understanding why. One approach treats an RV park as hospitality: revenue per av…
I have 22k saved and a plan I got from reading too much: buy a house with a low down payment loan, live in it a year, rent it, buy the next one. First conversation with a loan off…
This strategy keeps coming up as the low money route to rental income for someone who does not want a second job, so it is worth being precise about the entry cost. The pitch: buy…
Sizing a first allocation and the reserve line is where my model falls apart. Plan is roughly $4M across three or four states, average certificate around $4,400 face, so call it 9…
First real season of systematic deployment. $610k across 214 certificates, three counties in two states, one servicer handling the paperwork. Modeled 8.5% net to me. Actual came i…
Every article about this sector talks in billions and megawatts, and it ranks first for investment demand, so I assumed there was no entry point for someone with a few hundred dol…
One for every strategy in the guide. Each has its own discussion, live deals, outcomes and polls.
