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WinOpportunity Zone Investing

Caught a missing testing date file two weeks before the accountants needed it

I've been trying to figure out where I fit on the service side, and what I've landed on for now is document coordination for small operators. This is the first engagement where I…

15NnataliehsuSO1BPRO101 reply

WinBRRRR Method (Passive Angle)

68% of my cash back on the fourth one. I'm calling that a win.

I run small multifamily and I've done this four times now. The first two were low-rate era and returned essentially everything. Number three returned about 80%. This one gave me b…

23Rrenee_dubois Get yours20 replies

DiscussionBRRRR Method (Passive Angle)

Blanket refi across four doors vs four separate cash-outs

Four small houses, all rehabbed and leased, and I'm at the point where the refinance step is the whole bottleneck. Two of them are still sitting on bridge money. Combined appraise…

16Bbrandonlee36Passive0 replies

Happening NowCrowdfunding (Platform Investor)

3k total. Is three deals at 1k diversification or just three ways to lose small amounts

I've got 3k I can commit and no property, no experience, and a lot of tabs open, so this is my first move of any kind. What I've found: one platform will let me into a pooled fund…

bmoreno23AB1BAnswered11 replies

DiscussionCrowdfunding (Platform Investor)

Debt deal paying 10% vs equity deal targeting 14% IRR, why would anyone take the equity one?

Two offerings sitting side by side on the same platform. One is a senior loan on an apartment building, 10% annual interest, 24 month term, $1,000 minimum. The other is equity in…

33Hhannah_west29 Get yoursAnswered4 replies

Story

Nobody at the buyer's lender was still at a desk to put it in writing

Small house, tired, tenant gone, seller wanted out fast. I had it locked at a number and an end buyer at a higher one, and I was doing a double close because I take title on these…

carlos_nunezActive3 replies

LossJV Wholesaling

My first attempted deal came to minus 3,150 after the JV split

Everyone talks about the fee. Nobody publishes the spend on the ones that die, so here's mine. Spend: 2,300 on marketing, which was 900 skip traced records plus a dialer month and…

aliyah_bAU2APRO9Answered6 replies

LossHotels (Capital Deployment)

I paid two years of management fee on $50k I'd only funded $19k of

Committed $50k to a hospitality fund with a three-year investment period. The fee was 2% annually on committed capital during the investment period, stepping down to invested capi…

30Ttashaford30PB2APRO41 reply

PollIndustrial / Warehouse (Passive Hold)

Net lease income sounds like the whole point. What am I giving up to get it?

What pulled me toward industrial in the first place was reading that leases here run long and net, meaning the tenant carries taxes, insurance, and maintenance, and I collect a ch…

priya_n21PO1C0 replies

DiscussionHouse Hacking

Fourplex fails self-sufficiency by $150 a month, what are my actual levers?

Numbers on the building I'm circling. Asking $520,000, four two-bedroom units, three occupied at $1,250 and one vacant that I'd take. FHA at 3.5 percent puts about $18,200 down an…

devon_pierce Get yoursPRO14Answered3 replies

Happening NowHouse Hacking

My fourplex keeps failing something the lender calls a self-sufficiency test

First time trying this so bear with me. I found a fourplex at 519k, four two-bedroom units, currently rented at 1,100, 1,125, 1,100 and 1,050. I was going to do FHA at 3.5 percent…

joe_delgado5AP4CPRO4Answered5 replies

PollGap Funding / Bridge Lending

Second lien or a signature: what actually holds a gap piece together

I've been reading gap funding from both ends because I'll probably need it before I ever lend it, and the two versions of the protection story don't line up. Version one is that t…

aaron_fitz10 Get yoursPRO1516 replies

PollData Centers (Passive Hold)

Priced facility with power today, or land in a power-available market and wait five years

Been chewing on this since a broker sent me two things in the same week and they're basically opposite bets. One is a fractional interest in an operating facility in an establishe…

karen_whitfieldPG4APRO73 replies

Happening NowBRRRR Method (Active Operator)

Thinking about skipping the refinance on my third one

Four unit, bought at 265k with a hard money bridge, 82k of rehab across all four units, all in near 360k. Stabilized rents are 1,150 a unit, so 4,600 gross. Appraised at 455k on t…

10Rrenee_dubois Get yoursAnswered4 replies

DiscussionBRRRR Method (Active Operator)

Insurance while the place is gutted, my agent says my landlord policy won't cover it

Mid-rehab on a property I intend to keep and rent. Called my insurance agent to add it to the same policy as my other rental and she said no, a landlord policy won't cover a vacan…

carlos_nunezActiveAnswered2 replies

PollTax Lien (Capital Scale)

Do you price every certificate to redeem, or price every certificate as if you end up with the parcel?

I'm sizing a first real allocation and the bidding rule is the thing I can't settle. Two coherent ways to run it and they produce different bids on the same certificate. One: pric…

32Sstephen_ok9CO2CPRO45 replies

PollBoarding Houses

What does a boarding house actually rent, a room or a bed

I'm mostly looking at land and holding patterns, but a listing in a small town described itself as a rooming house with 9 sleeping rooms and 21 residents on the license. That conf…

diane_kowalskiPassivePRO140 replies

Story

He was loading the car in fifty minutes, drone and all, so I asked his price

I was finishing trim in a vacant townhouse when the listing photographer came through. I figured I'd be in his way for an hour. He was done and loading the car in about fifty minu…

mitchell_ray4 Get yoursPRO126 replies

LossMultifamily Development

Talked myself out of a deal for 14 months and then the market moved. What it cost

This is a loss with no closing statement, which is maybe why nobody writes it up. Early last year I had a small ground-up under contract. 9 units, 3 stories, wood frame, in an inn…

luis_carrera Get yours14 replies

Happening NowLuxury Flips

My carry sheet says 19.5k a month, an operator says budget 30k

Six months of building models, no deals yet, and I want to stop being wrong about this line before I write offers. Here's my monthly carry sheet on a hypothetical 2.6M purchase in…

jordan_ellis2ActivePRO9Answered3 replies

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