every post in the forum, newest first
Take a sponsor raising a value-add multifamily deal with a realized record of six exits between 2016 and 2021, averaging low 20s IRR, clean and verifiable, LP references confirmin…
Here is a 148 unit 1996 vintage deal in a Sun Belt submarket about 30 percent through its supply overhang, worth underwriting as a room. Price 21.6 million, 145,000 a door, in-pla…
Take a 188 unit deal, 2006 vintage, secondary Sun Belt market anchored by a hospital and a university. Basis around $24.6M, $131k a unit against a replacement cost near $203k, fix…
I took a management and leasing assignment on a 23,800 sf unanchored strip in a second-ring suburb. Nine tenants, no anchor, built in two phases. Fee was 4% of collected rent, aro…
I read two data center REIT annual reports over three weeks. Read each one twice, because that's how I do everything. Somewhere in the second pass I started counting words, and th…
I come from the trades so I know houses, I don't know this business. Got a quote sheet from an inspector for a friend's purchase: $450 base, $150 radon, $175 sewer scope, $125 for…
1926 bungalow, 2 bed 1 bath, 168k, my first rental and I've been reading about screening for a year while apparently not reading enough about inspections. Inspection was 475 and t…
A guy I know wholesales and asked if I'd run his Facebook ads. He'd pay me $500 a month and put $1,500 on the card for spend. I've built landing pages before and I can read a dash…
A short term lender against renovation projects relying on two brokers for deal flow faces a familiar tradeoff: brokers cost a point on origination and, more importantly, control…
I've been trying to figure out where I fit on the service side, and what I've landed on for now is document coordination for small operators. This is the first engagement where I…
I've been sitting on 90 acres of mixed timber and pasture for a long time and finally decided to market off the back 30 as one tract. Hired a pilot who does mostly land work, Part…
Take an operator with four small houses, all rehabbed and leased, where the refinance step has become the whole bottleneck and two of them are still sitting on bridge money. Combi…
Take a small multifamily operator running the BRRRR method for a fourth time. The first two deals, done in a low rate era, returned essentially all the cash invested. A third retu…
Two offerings sitting side by side on the same platform. One is a senior loan on an apartment building, 10 percent annual interest, 24 month term, $1,000 minimum. The other is equ…
I've got 3k I can commit and no property, no experience, and a lot of tabs open, so this is my first move of any kind. What I've found: one platform will let me into a pooled fund…
Say an investor commits $50k to a hospitality fund with a three-year investment period, and the fee is 2% annually on committed capital during that period, stepping down to invest…
Everyone talks about the fee. Nobody publishes the spend on the ones that die, so here's mine. Spend: 2,300 on marketing, which was 900 skip traced records plus a dialer month and…
A tired, tenant-vacant house with a seller wanting a fast exit is a familiar setup for a double close where the wholesaler takes title rather than assigning the contract. A transa…
What draws people toward industrial in the first place is the promise that leases run long and net, meaning the tenant carries taxes, insurance, and maintenance while the owner co…
Here is a fourplex that fails the FHA self-sufficiency test by a small margin, worth working through. Asking $520,000, four two-bedroom units, three occupied at $1,250 and one vac…
One for every strategy in the guide. Each has its own discussion, live deals, outcomes and polls.
