live deals, numbers on the table
Someone I met through a local builders group is raising a small opportunity zone fund and asked if I'd help "make introductions" to people who might have capital gains. He mention…
Here is a live situation worth working through. Say an operator is under contract on a 30,000 square foot former grocery anchor in a tired strip center in a small city, at $1.1M.…
Commercial purchase agreements read differently from residential ones, and an assignment clause is a common place that shows up. Take a small industrial flex building, 14,000 feet…
Consider a small park in a county of roughly 9,000 people, two hours from any major market. Eighteen lots, fifteen occupied, all homes owned by residents rather than the park. Lot…
3 bed 1 bath in a small town, $118,000, roof has maybe three or four years left. At the walkthrough the seller mentioned the tenant has a Housing Choice Voucher, has been there fo…
Consider a 12 unit 1970s brick walk-up in a small city, offered to an operator through a service relationship, owner in his 70s with no interest in further maintenance, offering a…
Take two hotel deals in the same secondary metro, both offered as co-invest positions alongside a sponsor. Deal A, extended stay, 118 keys, built 2016, no PIP required for four ye…
I've got 40k in cash set aside for crowdfunded real estate and I've been circling it for about six weeks. Two candidates on my list. Platform A is a pooled fund, roughly 1% annual…
A useful case: a self-directed IRA has two notes to one borrower. One matures clean and pays off. The second, say 42k at 11.5 percent with four months left, is secured on a rehab…
Take a bird dog list built from driving the same four neighborhoods for months, mostly older ranch stock from the fifties. 212 addresses with photos, owner names pulled from the c…
Consider an investor being offered a 100k slot in a first time 50 million debt fund raised by a longtime apartment buyer with 20 years of equity experience but no history originat…
This is not the first rental I planned on. I was looking at duplexes and a seller called about a two-story brick building on the main street of a town of about 6,800 people. Four…
Been looking at land plays for two years and this is the first syndicated one I've taken seriously. 310 acres on the growth edge of a mid-size western metro, currently agricultura…
Take a seller offering a tape of nine defaulted first liens with the option to cherry-pick one instead of taking the whole pool. Moving from performing to non-performing paper is…
Two flippers I've done mechanical work for both asked me to take whole rehabs this year instead of just my scope. Between them that's maybe 11 houses, average scope $70k to $95k,…
Take a land banking vehicle raising on a deck and a draft PPM, aimed at an investor new to raw land. The mismatch is worth tracing carefully. Structure as pitched: $14 million equ…
Here is a scenario worth working through carefully before committing capital. The building is a three story former bank and office block on a small city main street, 1962, about 2…
Take a broker-services shop in a metro of about 900k where the owner wants the buyer's lender, or the seller, to carry most of the paper. Reading notes like this for a year turns…
Take a detached 700 sq ft ADU, bid at $196,000 with a fixed price contract and two named exclusions (utility upsize and any soils remediation), permit approved, cash in hand with…
Take a dated 1970s hillside house in a luxury pocket bought at 2.05m, with 640k in renovation and nine months of carry bringing the all-in basis to 2.87m, under contract at 3.395m…
One for every strategy in the guide. Each has its own discussion, live deals, outcomes and polls.
