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
Almost nothing I understood about this turned out to be true, so writing it down. I put $40k into a fund that described itself as a diversified office income fund. My assumption,…
I've been putting a slice of idle cash to work on the funding side of double closes for about three quarters now, and last quarter was the first one clean enough to be worth writi…
I have been building a list for about seven months and said in here more than once that I was not buying. Technically still true. I sold a contract instead. The lead was a 1,400 s…
The pitch was 11 agents, a recognizable local name, and a founder who'd been in the business 14 years. I looked at agent count and closings and thought I understood the business.…
I'm the numbers person here usually so this is a small one, but it worked and I want to write down why. Six acre parcel with a creek along the back third and a stand of hardwoods…
I closed on a 9,600 square foot single tenant retail box last year, a discount general merchandise user, small town, corporate lease with seven years left. Rent $170,400. I paid a…
First SDIRA purchase attempt. It died and I want to write down exactly where. The property: $147,000, three bed, tenant in place at $1,295 paying on time for two years, seller was…
I put 60k into a residential note fund last spring. Fund I was 3.8m from 22 investors and the manager told me it took him about thirteen months to fill. The reporting when I got i…
I sold a small shop building my service business used to operate out of, held it seven years, gain after depreciation recapture worked out to $94k. My accountant mentioned opportu…
Still stinging so I'll keep it factual. I got introduced to a flipper through a local meetup. He said he pays 1,000 on any lead of mine that he closes. No fee per lead, no retaine…
Small win, real numbers. Corner building in a designated tract, retail down, two apartments up, vacant three years. Paid 148k. Allocation put 39k to land and 109k to the building,…
This is the worst project I've done and I want to write it down properly while I still remember the sequence. Background: I hold land and I don't usually renovate anything. I pick…
Under option on 27 acres, $5,000 option fee applied to purchase, 90 days to decide. Plan was four lots off what I thought was 400 feet of road frontage plus a shared gravel drive…
NOD recorded in a non-judicial state, auction 27 days out when the owner signed with me. Payoff came back at 187,400 including 14,200 of arrears and trustee fees. I agreed to 241k…
I started scouting to meet the people I eventually want to place money with, and I kept records the whole way because I wasn't sure the activity paid for itself. Seven months late…
Three years ago I put $50,000 into a self-storage syndication. First LP check I ever wrote. The sponsor's deck had five prior deals on it, all full cycle, all between 1.7x and 2.2…
I've been reading fund paperwork for about a year without putting money anywhere, which was starting to feel silly. Last spring I went into a 66-lot park deal as a limited partner…
Took on a 14 unit building last year, 12 apartments and 2 ground floor commercial bays. Owner wanted one manager for the whole thing and I wanted the account, so I quoted 8% of co…
I own eight apartment units and I've been reading this room for a year trying to work out whether industrial is actually simpler. It is different rather than simpler, and here's w…
This one is closed now, or at least my money came back, and it came back at 0.94x after three and a half years. So I lost about $2,400 and three and a half years of anything else…