it finished, here is how it went
Take a first lien purchased in a judicial state. Unpaid balance $96,300, note rate 4.875%, payment $711, borrower 14 months delinquent. Single family three bed one bath, drive-by…
Worth examining as an acquisition channel case: an operator running three VA dialers at roughly $10.50 an hour, about $5,450 a month fully loaded with data and dialer costs, was s…
1,340 square foot three bed one and a half bath ranch, 1958, in a first-ring suburb where the buyers are mostly people priced out of the city. Bought at $198k, put $61k into it, a…
Take a passive lender putting 61k into a light rehab as a secured second behind a hard money first, 12 percent with a 6 point exit fee against a 60 day projected hold. Operator bu…
Consider an allocation offer into a private open-ended real estate fund: 100k minimum, quarterly redemption with gate language allowing suspension, marks published quarterly by th…
A common pattern with repeat capital raises is that the fourth or fifth raise from the same investor group happens fast, sometimes in under 48 hours from a single email, while the…
A case worth walking through for anyone selling small multifamily. A 1970s side by side duplex, both units 2/1, one tenant occupied on a lease with 8 months left and one vacant si…
Consider a case where a partner in an 88-key extended stay wants out badly enough to sell into a market of one. The units were marked by the sponsor at $300k. A buyer steps in at…
A detached 480 square foot one bedroom, prefab shell set on a slab, finished and renting at $1,595, total spend $131,400 including site work, utility runs, permits, and the pad, i…
I've been trying to work out where I fit on the service side and this landed in my lap. An owner with a six room house had five people move out in the same two weeks (student cale…
A small mistake worth writing down because it's an easy one to repeat. Say an operator pays a two person shop $600 a month for two months to run Facebook lead ads pointing at priv…
This is a total loss worth studying in plain terms, because the offer shape shows up constantly. What it is. A group syndicates a $480,000 second position loan against a 44,000 sf…
Following on from my dumpster question. I did the cleanout myself over two weekends and before anything went in the can I pulled out anything metal. What came out: the riding mowe…
A common first mistake with seller-financed notes is a spreadsheet with a single column labeled payment received. That treats a note payment as one thing when it is really two arr…
A useful case for anyone doing land content work. A two-broker land shop asks a writer to formalize what had been an informal favor into a retainer: $1,900 a month for up to three…
Take a case worth studying in lead referral wholesaling. A landlord who has owned a 3/2 rental since the nineties, with a tenant paying well under market and going unanswered, get…
A useful low-cost research habit for anyone wanting real numbers before buying: sign up for several local wholesaler and marketplace buyer lists, which are typically free, and ins…
I came into this planning to buy one rental. What I ended up with is a 5-unit in an older brick building, 412k, and the reason I am posting is the tenant files, because that is wh…
Take a 1979 mid rise, 186,000 gross square feet, converting to 140 apartments. Owner's representation and MEP coordination fees on a project like this commonly run in the low hund…
Worth walking through for anyone on the service side considering apartment work, because the mistake is simple and it happens often. A make-ready, or a turn, is the work done on a…
One for every strategy in the guide. Each has its own discussion, live deals, outcomes and polls.
