Listing 62 acres this spring. Mixed pasture and timber, county road frontage on one side, a seasonal creek, no utilities run to it. List price I'm working toward is $410k. Taxes o…
Purchase price $2.35M, loan $1.65M, 14 unit walk-up in a second tier market. I asked two agencies for a full quote and got numbers far enough apart that I assume I'm comparing dif…
I've been sitting on 1031 proceeds and the clock is doing what clocks do. Two industrial deals in the same metro, roughly the same check. Deal A. 40,000 sf light manufacturing bui…
$340k of a $4.1M equity raise, LP units, no control, no consent rights beyond the usual major-decision list. The documents came in three pieces: a franchise license agreement, a m…
I moved 178k of traditional IRA money to a custodian last spring, planning to run it as a note book. First two loans went out clean, 11 percent, 12 month terms, both to a small bu…
I own a three bedroom house on a lot that has an unusually deep backyard, and the whole reason I bought it four years ago was that someone told me I could put a small unit back th…
I run active deals, small stuff, and I've never been the passive money before. Guy I've known from a local meetup for three years is raising a $40M fund to buy manufactured housin…
Deal in front of me: 1970s farmhouse on 11.4 acres at the edge of a growth path, seller relocating, existing loan 211,600 at 3.75% with 26 years left, PITI 1,430 (P&I 1,038, taxes…
A client of mine described a deal as "senior at 60, mezz to 78, then equity" and I nodded like I understood. I get that it's layers. What I don't get is what the layers actually m…
An operator with nine parks, about 1,600 lots in three states, asked me to scope water infrastructure work portfolio wide. This is the biggest thing I've been asked to quote and I…
Reading an option agreement a family friend's agent sent over. House near my sister, asking $289k, and the owner has offered a lease with an option because it's been sitting. The…
I have a 1.1 acre vacant lot I've been trying to sell for 95k. Been listed nine months, two lowballs, and now someone wants it for the full 95 if I'll take 10k down and payments o…
This is the kind of question I'd have kept my mouth shut about in a room full of people, so here it is in writing. Two bed two bath condo in a lake town about two hours from where…
I run closing coordination for a couple of wholesalers, mostly chasing signatures and title conditions. One of them just sent me a deal she wants to double close instead of assign…
Sold a 12-unit in June. Gain after depreciation recapture is about $486k, and my 180 day window closes in early December. So whatever I do, I do it inside a currently designated t…
Been doing quick turns, 60 to 90 days, buy with hard money at 11.5% and two points, out. Never held anything. Somebody brought me a seller who won't take cash and I don't know how…
Every unit teaches something and this one is teaching me about my own time. 22 units across three small multifamily buildings, all within nine miles. Gross scheduled $24,500 a mon…
Closing on a small single family rental in three weeks. After down payment, closing costs and the first insurance premium I'll have about $40,000 sitting in savings earning basica…
I've got eight hours a week and I'm not interested in inventing more. That's the whole constraint. Weekends are not available and evenings are half available. Everything I read ab…
This is my first look at anything in the shared-housing space, so beginner questions ahead. An operator I've met twice is raising for a small fund, six houses, all rented by the r…