someone asked, the room worked it out
I am sitting in second position on a Columbus rehab, $47k in, and the senior did a full appraisal at the start of the draw schedule. My attorney says I can rely on that report for…
The note matures in February, borrower has been clean every month, so that part is fine. The problem is that finding a note worth funding in this market takes me six to ten weeks…
I am working through a case that keeps coming up in small spec building: a builder pulls permits on two houses within the same quarter, expecting the second draw to follow the fir…
My first house is in escrow right now and I am trying to understand this for when I do it on the other side. From what I read, if a tenant-buyer pays a $5,000 option fee at signin…
The rate difference is the visible part. A private loan priced at 11 to 13 percent against a 7 percent conventional feels like a penalty, but the comparison only holds when both o…
A 20 percent down payment reads as a reasonable equity cushion when you close. A note buyer models it differently. They are pricing what happens if the borrower stops paying 18 mo…
The discount on a troubled apartment building almost always comes with a reason, and that reason costs money. The question worth sitting with before any LOI is whether the distres…
A case worth studying: a roofing contractor in a hail-heavy market started routing homeowner calls from storm claims to a real estate agent, splitting a flat fee per closed referr…
A case worth studying: a unit rented at a 40 percent premium over long-term market, client verbally committed to eight months, lease written with a 30-day termination clause "just…
I have been turning this over all week because I have never owned industrial, and I did not know this was a hard line for some tenants until someone said it to my face. I bought i…
That number stops me every time I look at it. Forty-one thousand dollars came in and I still owed money at the end. My bookkeeper at the time was logging gross revenue and flaggin…
Closing was scheduled on a two-unit I'm buying into an LLC, cash deal, and my lender on a separate property apparently has a cross-default provision that touches any entity I'm in…
Had a conversation with a seller last week, nothing near luxury scale, 3-bed in the South Valley, but she googled assignment of contract mid-negotiation and called me back furious…
I'm looking at a 12-bed setup about six blocks from a mid-size Ohio university that's been down roughly 8 percent headcount since 2020. Seller is pricing it like enrollment stabil…
I've been picking apart this exact question for about three months because I want to use a VA loan on a fourplex eventually and I also want to keep the business side clean from da…
An agency mREIT trading at 0.87x book gets called cheap in almost every screen I see, and the discount is real, but the question it does not answer is whether the book value itsel…
She said it offhand, not as a fight, just while we were talking about the Dayton STR and what I should do with cash if I decide to wind it down. I mentioned I had been putting som…
Most medical leases I study either omit percentage rent entirely or include a boilerplate clause written for retail, and the collision between the two is where the problem lives.…
A surface lot near a medical campus used to be the easiest underwrite in parking. Captive demand, predictable monthly contracts, low turnover, and a building that costs nothing to…
I used the cabin in Barnegat Township for eleven personal days in March and another four in October. Total rental nights for the year came to 61. That ratio, 15 personal to 61 ren…
One for every strategy in the guide. Each has its own discussion, live deals, outcomes and polls.
