every post in the forum, newest first
Take an agent testing whether self-produced content could replace a paid vendor before committing budget. Over two months, mostly evenings and weekends, the run came to 61 tracked…
Take a 1,400 acre southern pine tract, mixed ages, roughly 40 percent in sawtimber-eligible stems by the cruise. Base case underwriting assumes stumpage roughly flat in real terms…
This isn't the rental I've been posting about. My parents' neighbor is selling 35 acres about two hours out, mostly mixed hardwood with maybe 8 acres of planted pine along the roa…
Still no deal of my own. But this worked, so here it is. Last winter I started tracking published street rates weekly across 40 facilities in three submarkets, unit by unit for th…
Here's a case worth studying because the result came from a modeling choice, not a market call. A 1920s triplex in a streetcar suburb of a mid-sized midwest city, purchased at 214…
Looked at from the lending side rather than the owner's, the cost basis question keeps coming up. On a delayed financing setup the file is supposed to document the purchase and th…
Spent $1,120 with a per-lead shop, took 40 leads, worked every one myself. Two got to an offer, both went cold on price. What I think happened is that per-lead pricing pays them t…
Posting this while it's fresh. I set up a small texting operation last year, signed three investor clients on $900 a month retainers, and shut it down in month four. What I spent.…
Been reading operating statements for a 190-unit 2018 build I may take a small position in, and the renewal policy is where I keep getting stuck. Current in-place average is $1,58…
Two clients on full-time seats at $13 an hour. One of them sat through an AI SDR demo and came back asking for $9, saying the human is mostly supervising a machine at this point.…
Take a two seat agreement signed with a VA agency in the spring. Two years later, bringing one of them in house directly triggers an exit cost of $9,400, right there in the docume…
For anyone building a service business around real estate, the expanded reporting on qualified opportunity funds under the permanence law looks like a real gap. The typical operat…
Realized 310k of long term gain in October from selling a small retail strip. My 180 days runs out in April. I have two sites under LOI and I can only fund one without a partner.…
A case worth studying on buying cutover timberland and replanting, where the deal worked but the timing cost a season. Cutover means the timber is already harvested, so the buyer…
Third crowdfunded LP position and the first time I've read a waterfall that orders things this way. Language is roughly: distributable cash goes first to an 8% cumulative preferre…
An offering page will say 10 to 12 percent target IRR and then, further down, carry a line about distributions beginning in year three, which makes no sense to anyone expecting 10…
A theoretical case worth settling before anyone is in it. Say a wholesaler locks up a contract and JVs with another wholesaler who has the buyer. Assignment fee is 10,000, agreed…
A common JV wholesaling structure looks like this: a lead comes from a lending contact, a tired owner of a small 4 unit in a soft submarket. The lead gets brought to a wholesaler…
Take an investor building a small multifamily list who gets pitched a 24 unit property where the current owner needs a partner for the refinance. Partner often sounds like it mean…
I've got two units lined up for spring, a downtown one-bedroom and a small house that sleeps six. Both owners want hands-off. Both are in a market where guests fly in late and che…
One for every strategy in the guide. Each has its own discussion, live deals, outcomes and polls.
