someone asked, the room worked it out
I've been tracking this since q1 2021, across fundrise, realtymogul, and two smaller platforms I won't name because they're both in workout right now. The spread between what I ex…
Talked to the guy who owns the duplex I'm renting right now, just asked him casually how he thinks about the house he has two streets over, the one with five bedrooms he rents ind…
Bought 14 acres outside seguin, tx last april for $168k, engineered for seven lots off a county road, plat sailed through in about four months which I did not expect. The variance…
Running the numbers on a specific file right now. Memphis, 38114. arv sits at $187k, my remote contract is at $71k, assignment fee I'm trying to pull is $14k, so end buyer gets it…
Bought a fourplex in akron last year, carried the paper at 8% with a 7 year balloon, and I'm already wondering if I could sell this note to someone in year 2 or 3 if I needed the…
Consider a private REIT posting NAV updates quarterly that drifts down 2.1 percent over six quarters, no single bad quarter, just a slow grind. The sponsor calls it normal apprais…
Take an investor with 20k to place before the end of q3 and these two offerings in front of them. The equity note is on a 48-unit build in boise, 24 month projected hold, preferre…
Closing on a fourplex in canton ohio next month, seller financing the buyer for 187k at 8% with a 5 year balloon. My attorney mentioned the mortgage gets recorded but I didn't thi…
The word luxury gets used constantly in flipping content without a definition behind it. Some sources put the line at anything over $1 million. Others define it as the top 10 perc…
A broker sent me a 48-key select service property in a smaller city, and the expense list on the pro forma has a line for management fee at 3% of gross revenue. I read that as the…
For an SDIRA holding a single rental, expect a few layered costs rather than one number. Most custodians charge a setup fee, an annual account fee, and then either a flat per-asse…
A sponsor holding fully entitled land asked me to come in with $1.5m of preferred equity at 13 percent, all accruing, since the land produces nothing until it's sold or a construc…
Land is my usual thing and the appeal there is that nothing needs doing. Hotels seem like the opposite of that in every way, and yet this room is filed under passive hold, which c…
Ground floor of a mixed-use building I'm underwriting. The suite is 1,800 sf, dark for fourteen months per the seller's leasing reports. Asking rent is $14/sf NNN. A prospect in t…
The financial side of house hacking gets discussed constantly. What gets almost no attention is that the owner is the landlord and the neighbor at the same time, and that changes…
Say a QSR outparcel is priced at 1,725,000 at a 6.9 percent cap on a freshly signed 15-year lease, with a brand everyone would recognize. Then the guaranty page shows an LLC that…
The 2026 setup for public REITs centers on the idea that valuations sit near historic discounts to both broader equities and private real estate, and that the gap closes over time…
Working through a fourplex listed at $640k. Four two-bedroom units, all leased at $1,150, so $4,600 gross. My plan was to occupy one unit with a low down payment government-backed…
Diligence on small apartment buildings is often just an inspection and a sewer scope, running under a thousand dollars. A single tenant NNN deal, say a 12,000 sf retail building o…
Take a repeat borrower with three existing separate notes, separate mortgages, 68 to 72 LTV on as-is value, all in the same metro, asking for a fourth loan that would bring total…
One for every strategy in the guide. Each has its own discussion, live deals, outcomes and polls.
