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DiscussionConsulting

Which of two completely different scopes of work is the normal one?

I own some raw acreage and I've been trying to get a straight answer on highest and best use before I do anything with it. Talked to two people who both call themselves land consu…

karen_whitfieldPG4APRO7Answered1 reply

PollConsulting

He offered me a piece of the project instead of the fee. My judgment is moving.

Scope is a repositioning study on a 60,000 square foot older office building in a secondary downtown, owner wants to know whether to convert, sell, or sit for three years. Six to…

jessreyes12AU1APRO16Answered5 replies

DiscussionShort-Term Rental Co-Hosting

What does a co-host actually do at 2am that a lockbox and a cleaner don't cover

Neighbor of mine owns a cottage he rents nightly. He pays someone 20% and when I asked what she does he said "everything," which told me nothing. From the outside I see a smart lo…

10Rrenee_dubois Get yours3 replies

Happening NowShort-Term Rental Co-Hosting

A $3,100 monthly floor instead of 20 percent, and the spread runs the wrong way

The trailing twelve off the owner's dashboard: $61,400 gross bookings, of which $9,300 was collected cleaning fees. 214 booked nights across 63 separate stays. 3BR/2BA, sleeps 8,…

megan_doyle15 Get yoursAnswered13 replies

PollMezzanine Financing

Which constraint do you let bind when sizing mezz into a 2026 refi gap?

Sizing exercise I keep landing on from four directions and getting four answers. Suburban office-to-flex conversion, stabilized, in-place NOI $2.35m. Maturing loan at $24m written…

dpatel_reCS4A0 replies

PollRetail Centers / Strip Malls

One national tenant on a twelve-year lease, or five local tenants in a small strip?

I've been looking at land and holding patterns for a while and I want something that pays while I wait. Retail keeps coming up, and the two shapes I can actually afford look compl…

diane_kowalskiPassivePRO14Answered6 replies

PollAssisted Living / Residential Assisted Living (RAL)

Boomers turning 80 next year: does that demand reach a 6-bed house, or only the big communities?

The two numbers everyone repeats are the oldest boomers hitting 80 in 2026 and senior housing inventory growth running around 1 percent in 2025, the lowest since NIC started track…

sonia_alvarez Get yoursPRO629 replies

DiscussionNote Buying (Performing)

What does "buying at a discount to face" actually mean in dollars

I've read the phrase maybe forty times and I still can't picture the transaction. A note has a face value. Someone sells it below that. But which number is face? Is it the origina…

raj_mehta14CapitalPRO13Answered9 replies

Happening NowNote Buying (Performing)

Gap in the assignment chain on a note I'm eight days from funding, seller offering a 10k holdback

Single performing first. UPB 118,500, coupon 7.25%, P&I 926, 39 payments on time with no lates in the servicer ledger, BPO 197,000, escrowed for taxes and insurance and both curre…

carlos_nunezActiveAnswered4 replies

PollSyndications: GP / Sponsor

Does a sponsor need to have owned the asset class before, or is a good underwriter enough?

I do land and entitlement work, so I know one thing well and almost nothing about running apartments. Twice now someone has floated me being the GP on a small multifamily raise be…

nicole_adeyemiPassivePRO140 replies

PollDispo / Marketplace Services

Fee compression on marketplace dispo, is the spread share going to survive platform scale

Something in the current setup doesn't hold together for me and I want to argue it out with people who are actually running dispo. The share-of-spread arrangement made sense when…

18Rryanmck27SC2C5 replies

Happening NowDispo-Only / Marketplace Model

Somebody offered me three contracts and I have no buyer list at all

A guy I met at a local meetup has three contracts he can't move. Small houses, 90k to 140k range, all needing work. He offered me 40 percent of whatever fee I bring in if I find t…

bmoreno23AB1B3 replies

DiscussionDispo-Only / Marketplace Model

Splitting the fee on someone else's contract, 50/50 or something smarter?

I'm working out the economics before I try to do this rather than after. Say another wholesaler brings me a contract with a $12k spread built in, they've done the acquisition and…

aliyah_bAU2APRO93 replies

LossMid-Term Rentals (30-90 Days)

Killed a mid-term deal in week 19, and the $3,100 was the cheap part

Nineteen weeks on a 4 unit building, all of it underwriting, none of it closing. Walked away two weeks ago. Writing it down because the thing that killed it was not on my checklis…

jordan_ellis2ActivePRO90 replies

LossAssisted Living / Residential Assisted Living (RAL)

Underwrote labor at 42 percent of revenue on a 52-unit AL recap. It ran 54 and the preferred stopped.

$150k LP check into a recapitalization of a 52-unit assisted living community in a secondary market. Sponsor had two others like it, real operating history, decent reporting. I as…

14Hhannah_west29 Get yours1 reply

PollSection 8 / Government-Assisted Housing

Does payment reliability actually beat market rent once you price the vacancy

I've been going back and forth on this for months and I want to see where the room splits. The pitch for vouchers is that the government portion arrives regardless of what happens…

tylerbrooks9PassivePRO420 replies

Happening NowLarge Multifamily / Apartments (20+ Units)

They want to option my 6 acres and pay me in equity, not cash

I've held this parcel for eleven years. It's zoned for multifamily by right, sewer is at the property line, and I've had three inquiries in the last decade and none of them seriou…

nicole_adeyemiPassivePRO14Answered3 replies

DiscussionLarge Multifamily / Apartments (20+ Units)

Everyone says vacancy peaked. Isn't that just what sellers say?

I've been sitting on the sidelines and the language in every offering memorandum I read is basically the same now: supply wave is over, vacancy has peaked, absorption catches up,…

luis_carrera Get yoursAnswered1 reply

DiscussionPre-Foreclosure Outreach

If the owner still has equity, why don't they just sell it normally with an agent?

I do renovation work and I'm trying to understand the pre-foreclosure side properly before I chase any of it. The part I can't get past: the whole pitch is that the owner is about…

omar_haddadActivePRO17Answered2 replies

LossPre-Foreclosure Outreach

Priced a lot split into the offer, then the hearing calendar outran the clock

Twelve acres with a tired 1960s ranch on it, notice of default recorded, first mortgage payoff 214k. As-is the whole thing is maybe 235k in that market, so on as-is numbers it's a…

nicole_adeyemiPassivePRO14Answered1 reply

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