Opened a brokerage account last month with 9k in it. Two REITs on my shortlist. One shows a 7.4 percent dividend yield and the other 3.4. I assumed the higher one was simply bette…
Contract signed Tuesday on a 3/1 brick ranch in a working class pocket, 1,100 square feet, seller is out of state and wants out. My number is 142k. My JV partner on dispo has a bu…
Two bed two bath, 1,050 square feet, lake town, $312k, closing early next month. My plan was long-term rental and I'd have been happy with it. Then I read the HOA rental rules pro…
Under contract on a 68,000 sf suburban office, seven tenants, 81 percent leased, and I'm in the middle of estoppels. Four back, three outstanding. One of the four is from the seco…
Under contract review on a 62-key exterior corridor extended-stay in a secondary market, one interstate exit, hospital and two distribution employers inside four miles. Asking $4.…
I have a subscription agreement on my desk for an LP position in a single-asset deal and I keep circling the same page. Writing this out partly for myself, and partly because I wa…
First real project and I'm probably out of my depth, which is why I'm posting the actual contract terms. Detached 800 sq ft, two bedroom, site built not prefab. $212,000 fixed pri…
I've spent four months on this. The idea is draw administration for small developers, the 10 to 40 unit range, people building one or two projects who don't have an in-house const…
Reviewing a small pool of seasoned second liens, 22 loans, unpaid balances 18k to 96k, weighted average coupon 9.4, seasoning 14 to 31 months. Seller wants 88 of UPB. Collateral d…
First land purchase, so please poke holes. 60 acres, mixed pine and hardwood, asking 145,000, so about 2,400 an acre. Seller is an estate and there's no rush on their side. Here's…
My usual business is land and long holds, so this is out of my lane. A 1960s ranch came to me through a family situation, 1,320 square feet, clean inspection, everything works and…
We manage 61 doors across a mix, and the small multifamily side is where my margin goes to die. Ten percent of collected rent on a triplex at 1,200 average is 360 a month for a bu…
I've been reading land for months without buying anything, and in the process I got to know a guy who assembles recreational acreage. He buys four or five parcels a year, all cash…
Sold some stock I'd held since 2019 and the gain is about $58k. A friend who does commercial deals said I should look at an opportunity zone fund instead of paying the tax, and I…
I do land and long holds, so this is off my usual path, and that's exactly why I want other eyes on it. A regional auto parts operator with 31 stores across two states approached…
Bought this two years ago as the boring end of a portfolio that's otherwise flips and a small BRRRR stack. Loblolly plantation, planted in a good year, 310 acres of which about 28…
I've been reading the management agreement on a select service deal a group I know is putting together, 140 keys, secondary market with a hospital and a state university inside th…
22 units, three spreadsheets, and four years of Gmail. I'm moving to a real CRM this month because I've got two properties under contract and my system is a filter labeled "units.…
48,000 sf single tenant industrial, 28 foot clear, built 2006, tenant is a third party logistics operator with 6 years remaining. Asking $3.35M, NOI $231,000, 6.9 percent cap. I g…
I closed on a 30 site park last fall, my first one outside of houses. There is a flat cleared area at the back, about 2.4 acres, that already has a gravel loop on it from a previo…