every post in the forum, newest first
Running the numbers on a unit I've been modeling. Unfurnished market rent about $1,600. Furnished mid-term comps in the same building sit around $2,300, so a $700 premium. On pape…
@sonia_alvarez a transactional funding request structured as A to B at $118,000, B to C at $139,000, same day, same title company, with the wholesaler requesting $121,500 to cover…
Contract at $185,000. My ARV was $260,000 built off photos and a data platform estimate, repairs guessed at $45,000. I had a buyer at $200,000 verbally, so a $15,000 spread. Buyer…
Picture a corner building under contract at $1.15M in a walkable inner-ring suburb, closing in five weeks. Six one-bedrooms upstairs, all leased, average $1,050 and probably $100…
Building is about 6,200 sf. Two storefronts on the ground floor, roughly 1,500 sf each, four apartments over them. The listing calls it mixed-use and the broker keeps saying the a…
A live scenario worth working through: 240 tillable acres in a corn and soy county listed at 8,400 an acre, well above a regional cropland average closer to 5,830. The seller's ca…
A listing agent in Iowa sent me a 78 acre tillable parcel and the sheet says "cash rent $285/acre, tenant in place." Then a farmer I talked to at the co-op said cash rent is for a…
A sponsor's reserve policy calling for three months of debt service plus a lender's FF&E escrow at 4% of gross reads thin next to what a deeper reserve would cost. Run the arithme…
I've done this four Saturdays running and I want someone to tell me it's not a hobby. Setup. Rural county about 90 minutes out, land and the occasional beat up house on acreage. I…
A first drive usually goes something like this. Two hours out, 11 houses written down, and no real confidence that any of them count. One had knee-high grass. One had a rolled-up…
Building out management services for this size range, five to twenty units, keeps raising the same fee structure question from both sides of the table. The two common shapes are a…
A common pattern with content retainers for residential agents and small investor shops is pricing off a deliverable count: 16 posts, 4 reels, one email a month, for a flat fee. T…
Building a service business helping owners set these up and I want to know where the structure breaks before I put my name on it. The version I keep seeing pitched: 60-month term,…
Bought a 4 bed to flip, ARV penciled at $320,000 going in. Two appraisals during the reno came in at $293,000 and $297,000, and I'm all-in at $271,000 including a $19,000 overrun…
Raw acreage in a township with no comparable sale in roughly two years is one of the harder assignments an appraiser takes on, and it is worth understanding what that process look…
Third flip in a row where the media schedule and the punch list have argued with each other and the punch list lost. My pattern has been to book the shoot for Thursday morning so…
A property services relationship with a vineyard client, mostly the tasting room and event barn, can turn up an unexpected lesson in risk. Picture arriving at six in the morning a…
I'm land and long holds and I don't do any of this, but I ended up at a small dinner where two people spent forty minutes arguing about pref equity and I finally admitted I didn't…
A case worth studying, because it happens to people who understand structures far better than they understand liens. The note is a second mortgage, $31k balance, on a 1,400 square…
Two funds I've been reading take opposite positions on the same page of their material and both call it risk management. The first has around 140 loans across eleven states and sa…
One for every strategy in the guide. Each has its own discussion, live deals, outcomes and polls.
