live deals, numbers on the table
A useful scenario for anyone raising capital on a long-hold, low-activity asset: four investors in a 31 acre raw land hold, 620k total, with a modest annual reporting cadence of a…
Consider an operator with six mainstream flips behind them, purchase prices 300k to 600k, at the point where returns per deal no longer justify the hours, now eyeing a move into l…
Not doing a deal. Somebody in a local group shared an anonymized wrap note and deed of trust package as a teaching example and I've been going through it clause by clause, which i…
A common setup for a small wholesaler group is a shared buyer list, split across mostly part-time members, run through something like a shared spreadsheet. Say seven members with…
Tenant of five years asked to buy the house. Never late, not once, has the rent receipts to prove it. We've talked around 410k, she can put 41k down, and she can't get a bank loan…
Looking at a small VA agency serving real estate investors, 62 seats billed, asking around 2.4x seller discretionary earnings. Not a property, but it's the kind of service busines…
This is a deed state, sale is a public auction of the property itself, opening bid is the delinquent taxes plus costs at $9,340. House is 1,180 square feet, single story, frame, b…
Been doing service calls in an age-restricted community for about two years. The developer kept back six detached cottages as rentals and is selling four of them off. He offered m…
Here is a scenario worth pricing out. A rural investor's county and two adjoining ones are covered by one certified residential appraiser. He is 63. Turn times on lender orders ru…
A live allocation question worth working through. Two debt fund commitments due by quarter end, with a fixed amount of capital to split between them. Fund A: residential bridge, f…
Funding short term paper on light rehabs surfaces a real mismatch in how draw mechanics usually work. On a full gut, framing, rough mechanical, and drywall are each a visible mile…
I was there to quote a full re-pipe. Copper, pinhole leaks in three places, house is about 25 years old and nobody has touched it since. Big house, five baths, pool, decent street…
Interviewing at a small independent shop, eight agents, mostly residential with a handful of small multifamily. I asked for their closing count and they gave me the whole spreadsh…
Deep in diligence on a 120 site park at 4.2M, seller's NOI 372k, so call it 8.8 going in. Good corridor location with a state park eight miles away. The revenue side holds up unde…
This is the question I'd have been too embarrassed to ask out loud. Every article about residential assisted living talks about it as a real estate strategy, and then somewhere in…
Land is 3.1 acres, entitled for a 34,000 sf light industrial shell on the edge of a distribution corridor in a mid-size metro. I control it at $780k with closing tied to loan clos…
Two wholesalers in the same metro want me running disposition for them once my license clears, probably six weeks out. Combined they put 9 to 12 houses a month under contract. The…
Take a common equity position in a ground up multifamily deal on a portal. 48 units, wood frame over podium parking, total capitalization $11.2M. Hard costs come in at $165 a squa…
Here is a situation a newer wholesaler runs into constantly, and the confusing part is smaller than the split. Take a 1960s 3/2 in a working class suburb, ARV somewhere around 215…
An owner holding two single family rentals in the same city for years, doing nothing to either, and then facing a new ordinance that removes the parking requirement for accessory…
One for every strategy in the guide. Each has its own discussion, live deals, outcomes and polls.
