every post in the forum, newest first
Trying to get $6M into certificates over roughly 18 months across three states. Two problems are eating the model and I can't tell which one is the real one. First, cash drag. The…
A scaled lien operation gets described sometimes as a bond ladder where the county does the collecting, and that framing is worth checking rather than just repeating. The mechanic…
Put two proposals side by side. One says 6,000 dials a month. The other says 4 percent contact rate and does not mention dials at all. For someone coming to this from the notes an…
Say an operator running a 9 seat calling service for investors needs working capital, not equity. A facility against receivables is the ask, and a week spent reading the numbers i…
Take a 60 acre parcel held since the mid 2010s, sold for a gain around $418k. Rather than committing the whole gain to one sponsor for a decade, or leaning entirely into tracts on…
Take an investor with a $1.4M long term gain from a business sale comparing two QOFs. One is single asset, ground up multifamily, and the sponsor openly models a year 6 or year 7…
I've been running rehab scopes for years and land is new to me, so I'm looking at fee structure from the outside. Two operators I talk to price assignments completely differently.…
A landlord with a four unit and an eight unit who has spent almost nothing on legal work is a common starting point. Closings often go through a title company where the state does…
A question about underwriting practice. A lot of heavy rehab models now carry a second tab, and it is worth asking whether that is standard or added work for nothing. Tab one is t…
A question for the people running heavy renovations. The ads aimed at builders cover project management platforms, deal analyzer subscriptions, takeoff software and more, and it i…
Vocabulary worth getting straight before anyone funds a first loan. Rates get written like "11 and 2." The 11 is annual interest. The 2 is points, and a point is one percent of th…
I sold my share of a mechanical outfit last year and have 140k sitting in a money market. A GC I subbed alongside for six years called me about a flip he's got under contract and…
This is a useful comparison to work through carefully, because both sides have a real argument. Take two parcels in the same region, both about 80 acres. The first is what most wo…
I have a gain coming from a business sale that closes in Q4, so my window runs into 2026, which puts me right on the seam of the transition. I've been through both PPMs twice. Fun…
Working through a timing problem and the math isn't clean. I have a gain that would need to go in during 2026 under the current 180 day rules, and the current zone designations ru…
I've got a duplex under contract and a property manager telling me the housing authority inspection is "free and pretty easy." That doesn't square with a landlord I talked to who…
An owner with about 40 doors across a few small buildings asked if I'd take his maintenance calls. Roughly 30 of those units are voucher tenants. He's offering $1,800 a month as a…
Wrote a 62k first position loan out of my self-directed IRA to a rehabber I'd worked with twice on the personal side. 11 percent, 9 months, house was a small 3/1 in a working clas…
Two sets of office numbers are circulating right now and both are apparently true at once. Vacancy sits near 18 to 19 percent nationally. Office CMBS delinquency hit 12.34 percent…
This is a small case and worth being clear about the scale before drawing big conclusions from it. Take someone holding 40 acres on the edge of a growing small town for going on s…
One for every strategy in the guide. Each has its own discussion, live deals, outcomes and polls.
