A small syndication built around one self storage facility, say 310 units plus 22 outdoor RV and boat spaces, where the sponsor already owns the asset and is selling down 40 perce…
Reviewing a brokerage's placement data over several quarters is a useful exercise when private lenders start dangling tier pricing, since it clarifies what a narrower list would a…
I have spent six months reading without closing a deal, and the gain I have is from selling a stake in something unrelated to real estate. Roughly $70,000. I started looking at qu…
My first closing ended up being the structure I told myself I'd never start with, after six months of reading. Writing it out because most of what I read about wraps skipped the m…
This keeps coming up as the thing you do when you have no marketing budget, and I've heard it from enough people that I want to know what it actually costs before I ever try it. F…
A framing eye is a useful curb screen for a driving list, and here is a case that shows both the payoff and the limit of it. Take 90 addresses logged over six weeks in an older tr…
When a framing crew turns down two separate requests to work on one-off spec houses because the crew is already booked, and the builder waits five or six weeks for someone else bo…
Sold a piece of equipment and a small parcel in 2024 and had about 96k of gain. Plan was simple in my head. Buy a beat up two story in a designated tract, do most of the work myse…
Take a seller who owns one rental free and clear, a 3 bed 1 bath, roughly 1,000 square feet, on a decent street in a small midwest town, held nine years. Listed for a cash sale, t…
Two hospitality fund decks argued from opposite premises make a useful way to frame this question. One argues segment and market first. Extended stay in secondary markets with nam…
A common ADU decision point: a lot allows a detached unit up to 1,150 square feet, and two bids from the same builder, same site work, same trades, frame the tradeoff clearly. Big…
A pattern that comes up often: two agents in the same office describe what looks like identical social media work, posts, a couple of reels, some listing graphics, and one is payi…
A useful case in marketing attribution: an operator holding 31 doors across two small markets, plus a rotating three or four flips a year, pays a content person $900 a month for s…
Take a 6,800 square foot house in an established high-end suburb, 2006 build, good bones, dated kitchen, run as a proper luxury listing because the price point called for it. List…
Renovation is my normal lane, so when the turn came between a 60 day tenant leaving and the next one arriving, I wanted to just do it myself. Four hours, strip beds, deep clean, c…
Bought 22 acres at $6,100 an acre, $134,200 all in, planning to sit on it until the road widening pushed development east. Taxes at closing were $340 a year because the parcel car…
Here is a decision worth working through as a scenario, because it comes up on nearly every independent living asset that changes hands. An owner has two drafts for the same build…
Take a private placement on a 132-unit active adult community where the sponsor is raising $9m of what the deck calls preferred equity: an 8% pref, then a 70/30 split after a 14%…
This closed out last month so I can write the whole thing down. Two houses, one sponsor, plan was to convert both into 6 bed licensed homes in a metro with genuinely long placemen…
I'm pricing a conversion rather than buying a running home. 2,400 sf ranch, and I've got two sprinkler retrofit bids at $18k and $31k for the same scope, which already tells me I…