live deals, numbers on the table
Take a 1,500 square foot two story bought at 171, with 24 spent on paint, LVP, carpet upstairs, fixtures, and a bathroom vanity swap. All-in comes to 202 with closing and two mont…
Here is a situation worth working through, because it turns up in every rural referral network once the volume gets real. Take five wholesalers across four rural counties who have…
This is the first thing I have ever looked at seriously, so apologies if the question is obvious. A 15 site campground came up at 340k. Ten sites with water and electric, five ten…
Here is a decision worth working through as a scenario. A manager runs 22 doors for three owners and shoots every unit that turns. The photographer charges $185 for a standard set…
Take a pref position on a 140 unit 1980s value-add where the position doesn't cover itself out of operations for the first two years, and the question becomes what that gap is wor…
Take a 47 acre tract under contract at $380,000, roughly $8,085 an acre, 620 feet of frontage on a paved county road, gentle slope, one wet drainage cutting the back third, no pub…
On 10 deals at an 8,000 average, a flat fee shop charging 199 per transaction and 99 a month collects about 3,200 for the year. A 70/30 shop on the same production takes roughly 2…
A sponsor I've been tracking is syndicating a $3.1M mezz piece behind a $9.8M senior on a grocery anchored strip in a secondary market. Minimum is $250k and I'd be taking one unit…
Take a 1962 ranch, 2,100 square feet, purchased at 240 with hard money plus a rehab facility, previous owner had started a renovation in 2019 and stopped. With half the drywall al…
I'm two weeks into opening a self-directed IRA and I've read the fee schedule four times. There's an annual account fee, a per-asset holding fee, and a transaction fee each time m…
Project is a 1990s builder-luxury house in a strong high-end submarket, 4,600 square feet, target 4.1M. Purchase 2.44M, reno budgeted at 720k, currently trending 785k before this.…
Say an owner holds a 1,100 square foot house on a corner lot, free and clear, with a detached two car garage at the back, 480 square feet, sound roof, slab in decent shape, and al…
Two things landed on me in the same week and I have to answer both by the end of the month. Offer one. A flipper doing about 20 houses a year wants me as an in-house project manag…
Framing job last week, one of the guys says he put 30k into a private REIT through some platform and he can't get it out for two years. He said it like it was a good thing. I've b…
A sponsor I've done two small LP positions with asked if I'd introduce their next multifamily raise to people in my network. They're raising $9m of equity. They offered what they…
Take a debt offering on a deal-by-deal platform: a first position bridge loan on a 220 unit self storage facility in a midwest town of about 9,000 people. Loan amount 4.1m against…
Take a ground-up storage JV with a new operator: three climate controlled facilities, roughly 78,000 net rentable square feet each, total cost $41M, construction debt at 62% of co…
Here is a screen worth arguing with. Say an operator has spent six months building a buy list and the ranking finally produces something they do not trust. The screen ranks on for…
Five months of pulling addresses off my own job sites and off the pre-foreclosure and tax-delinquent lists at the county. 41 leads passed to four investors. 3 closed. I got $1,500…
Take a would-be sponsor who has run numbers and looked at deals for a couple of years without pulling the trigger, and whose circle has noticed. Two former coworkers, an uncle, a…
One for every strategy in the guide. Each has its own discussion, live deals, outcomes and polls.
