every post in the forum, newest first
Platform I've been an LP in since 2021 just closed a portfolio refi. 14 of the 19 facilities went into a single loan, $118M, they're calling it about 62% of appraised value. Cash-…
Here is a scenario worth working through in the nine days an inspection period usually leaves. An investor with four single family rentals insured at 1,300 to 1,650 each puts a tr…
I'm looking at a place where the listing says duplex, two units, separate entrances. The county assessor page calls it a single family residence with an accessory apartment. When…
Consider a flip near the top of its market, close to 8,000 square feet on a ravine lot, in a price band where maybe four or five houses trade a year in the whole submarket. The re…
Here is a loss worth studying because it comes from an assumption that looks safe. Take a small deal, 44 units, age-restricted, in a secondary market. An operator underwrites 8 pe…
Here is a question worth working through. A small 4 unit goes on the market in spring. Three units stay occupied through the sale, one tenant is out in March and that unit will be…
I wanted to find out whether the service side of this was where I fit, so last year I took on management for two out-of-state owners. Four houses total, average rent 1,450, so 5,8…
I've been reading two hospitality fund decks side by side and they disagree about the most basic thing. One buys extended stay only, same brand family, secondary markets, and says…
A recurring underwriting question in office is how much weight a residential conversion scenario deserves when it shows up in a downside case. Take a 1980s eight story, 140,000 sf…
A property manager hears the same sentence every year from a couple of owners in the book: some version of I am done, the last vacancy took the joy out of it. The default response…
Say someone is offered half of a real estate media business by a seller who frames it as passive income. The pitch: 2023 gross $284k, 2024 gross $311k. Two shooters including the…
A photographer I know through an agent I've worked with is looking for money to buy a second 3D capture camera plus a laptop, call it $6,000 to $7,000, and pay it back out of shoo…
A recurring tension in small multi-tenant medical buildings deserves more than a sector overview. Everything written on the asset class says the specialized improvements are the m…
For someone with no apartment experience trying to work out what people mean when they say twenty units is a different animal, the honest answer is that both financing and operati…
A common situation worth understanding: eleven units, one owner since 1996, listed by a broker who has clearly never seen the inside of the books either. A request for two years o…
First full program I've been responsible for placing, and the thing that worked was refusing to fund it all at the first close. Mandate was $22M into multifamily, patient money, n…
A claim that circulates in small wholesaler groups is that four people split one CRM seat and one skip trace account and the whole thing comes to about $99 a month across all of t…
I do renovations and I keep bumping into sellers who don't want a rehab, they want out. I can't use those, so last year I started handing them to a five-person wholesaling group a…
Anyone weighing how to pay for lead gen runs into the same three structures, and each one breaks in a different place. Flat retainer plus ad spend is the standard. The agency gets…
Reading through the definitions, it looks like two different things got filed under one name. Buying a fourplex with FHA money and occupying a unit is a financing structure with d…
One for every strategy in the guide. Each has its own discussion, live deals, outcomes and polls.
