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LossReal Estate Crowdfunding (Investor)

Spread $50k across five deals and ended up with one sponsor. $35,500 back.

The plan was diversification. One portal, five deals, $10,000 each, different asset types and different states. Two extended stay hotel conversions, a small industrial infill, a b…

32Sstephen_ok9CO2CPRO42 replies

Happening NowBoarding Houses

How do I price the risk in resident services on a 22 room house?

An operator with a 22 room house reached out about contracting out what he calls resident services. Right now that means daily common area cleaning, weekly room linen, a hot break…

derekj19SB1B3 replies

WinBRRRR Method (Passive Angle)

Modeled the same fourplex both ways. The plain hold won on IRR.

I've been trying to work out what my first deal actually costs and ended up modeling one property both ways to see whether the rehab-and-refi cycle was worth the extra work. Numbe…

aliyah_bAU2APRO94 replies

DiscussionBRRRR Method (Passive Angle)

Is the 75 percent off what I spent or off the appraisal?

Trying to read a refinance step correctly before I go further with any of this, and I think I've been mixing up two different numbers. What I read was a version of the rule where…

19Rrenee_dubois Get yours2 replies

PollFund Management

Committed capital or pledge fund for a first-time manager

Been comparing two emerging manager structures side by side and they solve the same problem in opposite directions. Structure one is a real blind pool. Investors sign an LPA, comm…

16Sstephen_ok9CO2CPRO41 reply

PollAgricultural Land / Farmland

Solar option on my best 60 acres, or keep all 160 in row crops

A developer sent me an option agreement on the west 60 of my 160. Twenty five year term with two five year extensions, escalator on the rent, option period of three years while th…

nicole_adeyemiPassivePRO147 replies

DiscussionReal Estate Debt Funds

If the fund never owns the building, what does my money actually buy?

I've been going through a debt fund's offering documents and I'm stuck on something basic. The fund's schedule of investments lists 41 loans with addresses next to them, and my fi…

marcus_hale41CG4AAnswered6 replies

Happening NowReal Estate Debt Funds

31 percent of the tape matures inside nine months, all still reading performing

The fund is an $900 million open-end bridge lender, mostly first lien, and I've had the loan tape for eight days. Numbers I mostly trust: 148 loans, $2.1 million average balance,…

monica_tran3SF4CPRO11Answered4 replies

PollRV Parks / Campgrounds

Close for the off season or run it thin? I'm out of time.

Second season on a 46 site park, mid tier destination market, real summer and a decent fall through the third week of October. Question on the table for next week is whether we sh…

carlos_nunezActive10 replies

PollBookkeeping (Real Estate)

The management agreement says their owner statement is my accounting record

Reading a management agreement for a small portfolio and there's a clause tucked under reporting that says the monthly owner statement the manager issues shall constitute the owne…

wendy_park48CapitalPRO152 replies

DiscussionSection 8 / Government-Assisted Housing

Is the government really paying all of it, or just some of it

Something isn't adding up in what I've read. Every article says the government pays the rent and that's why Section 8 is safe income. Then I read a comment saying the tenant pays…

32Kkevin_lombardPG1BPRO17Answered7 replies

LossSection 8 / Government-Assisted Housing

I thought the voucher covered the whole rent. It covered 780 of 1,150.

Two years in on the market-rate side and I still managed to walk into this one, so I'll write it up plainly for anyone as new to the program as I was. I bought a small 3BR in a de…

joe_delgado5AP4CPRO4Answered6 replies

DiscussionListing Content / Social Media

Per item that works out to $35. Am I comparing these quotes right?

I got two quotes for content help and I'm trying to make them comparable. First one is $600 a month for 12 static posts, 4 reels, and one email blast. Divide it out and that's abo…

30Hhannah_west29 Get yours2 replies

Happening NowListing Content / Social Media

What am I supposed to be buying for $1,200 a month of content?

I'm working toward the lending side rather than owning, and a few people told me I should have some kind of presence before I start asking anyone for money to place. Someone reach…

sonia_alvarez Get yoursPRO6Answered1 reply

PollMultifamily Development

Does small ground-up work in a rural market or is 20 units the floor

Low price point markets are what I know, and the thing I can't settle is whether ground-up multifamily makes any sense out here or whether the fixed costs just eat you. The case a…

27Llaurenkim53Passive8 replies

PollGeneral Contracting / Rehab Crews

How do you tell if a crew is actually free before you hand them the keys

I own six units across two small buildings and I've never hired anything bigger than a $9k bathroom. Now I have a two bed that needs about $24k of work and every crew I call tells…

17Bbrandonlee36Passive8 replies

PollListing Content (Agent / Broker Marketing)

My own listings market better than my agent's, so is it time to bring it in house

Nine deals in, mostly light rehab resale in a mid-size market. Last four listings I wrote the copy, built the renovation one-pager, and shot the before-and-afters myself, and my a…

samantha_ruizAU4APRO54 replies

LossMortgage Brokerage

Nine lenders on one file, two funding off the same balance sheet

$2.4M acquisition, 14 units, 1970s brick garden walk-up, 62 percent occupied at takeover with a real path to 92. I wanted a 24-month bridge at 70 percent of cost with 12 months of…

dpatel_reCS4A16 replies

PollNNN Leases (Triple-Net)

Fixed debt matched to the lease, or short cheap debt and a balloon two years before expiry?

I have been analyzing instead of buying for long enough that people have stopped asking me how it is going, so here is the specific thing keeping me in the spreadsheet. A 12 year…

luis_carrera Get yours3 replies

LossBRRRR Method (Passive Angle)

Ran out of money for the fourth one and did not see it coming

This is the ceiling I keep talking about and I finally hit it with numbers attached, so here they are. Started with 140k of my own cash 26 months ago. Plan was four single family…

samantha_ruizAU4APRO55 replies

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