every post in the forum, newest first
Working out what the first deal costs, and I decided bird dogging was the free way in. It wasn't free and the reason it wasn't is my own doing, so here's the accounting. Over seve…
Take a small center, 22,400 sf, six bays. The largest is 12,000 sf and the soft goods tenant in it goes month to month in March at $8.25 net. They have said they are done. Inline…
Take an 88-unit age-restricted rental whose residents are aging into needing a little help, and which is losing them to an assisted living community 20 minutes away at roughly dou…
An underwriter moving from conventional apartments into a first 55-plus deal often finds that half of a standard multifamily template does not apply, which makes it worth laying o…
The listing was a 9,200 sf single story office on 1.4 acres in an inner suburb, built 1978, three tenants, asking $760k. I looked at it because of the land, not the leases. The pa…
I'm reading a package on a 240-unit facility. The first page says 93% occupied. Then the rent roll shows a bunch of units at $49 when the website advertises $89 for the same size,…
I've got capital sitting and I've been circling self-storage because everyone describes it as the low-hassle option. But I don't know how to tell a good facility from a bad one wh…
Pulling the numbers for a given county before choosing a lane clarifies the decision. Say last year there were 212 closed sales above $2.5M, with the five biggest teams touching 6…
A number that catches people outside the luxury segment off guard. An agent describing a $4M listing will say she put about thirty into it before it sold, and she means thirty tho…
Take two small shops with numbers that argue with each other. Shop A: 22 agents, $310k of gross commission income to the brokerage, 71 closings. Shop B: 7 agents, $284k to the bro…
I split 61 acres into five lots after plat approval, put in a gravel access drive and one culvert, and sold three of them on my own paper over about fourteen months. 78k, 84k and…
I've been pricing out the back office side of a small park before I get any further. Lot rent collection on 30 lots doesn't sound like much, a bank deposit and a spreadsheet. But…
Take a first manufactured housing park purchase as a case study, since the appeal of the asset class is straightforward: the owner holds the dirt, the roads, and the water lines,…
First rental is close and it might be a three room house rather than the duplex I started looking at, so I've been rewriting my screening criteria and the income rule breaks immed…
I work rural land, long holds, and I've been passing leads on parcels that don't fit my hold criteria. Small acreage, back taxes owed, heirs scattered across three states. Flat fe…
I do passive positions mostly and I underwrite carefully, so when I started funding a local operator's acquisitions I ended up paying for his lead flow too. Over 14 months that wa…
I'm getting my first rental sorted and reading around the investor side while I wait. Three different people quoted me wildly different numbers for what a seller lead costs. One s…
Here is a scenario worth working through, because it comes up constantly with passive money. Say an investor wants income without a second job and puts capital with a partner who…
Four homes in and I have hit the thing everyone warns about. My second house is my best performer and my third is dragging because the manager there is stretched. Adding a fifth 6…
Nine files offered as a small tape, balances $48k to $130k, ask around 40 percent of balance in aggregate. Bid window is five business days. The seller sent collateral file scans…
One for every strategy in the guide. Each has its own discussion, live deals, outcomes and polls.
