Two operators approached me in the same month and I can't have both, so I've been sitting with what actually separates them. Operator A wants to put in 15% of the equity out of hi…
Two files sitting open on the same county. 18 acres inside the designated urban service area, sewer stubbed to within half a mile, asking $9,700 an acre. 40 acres about four miles…
I run three inspectors. Purchase inspections mostly, a few pre-listing walks. One of them narrates the entire thing. Buyers follow him around, he explains the panel, he explains w…
I'm walking through the math on selling one of my smaller buildings on my own paper in a year or two, and the down payment is the piece I can't settle. Argument for wanting a big…
I'm getting ready to put money into a first rental and I've spent the last month just making phone calls. Two credit unions, a regional bank, and one online lender that does DSCR…
I read the Redfin analysis showing buyer-agent commissions on luxury homes came down slightly after the new rules while commissions on cheaper homes held or went up. Small move, b…
Two owners I did renovation work for want me running their units next season, and both drafts I've been sent handle pricing completely differently. One says I set rates at my disc…
Zoning verification letter landed last week on a 44-lot community I've been circling. The park predates the current ordinance, so the use is legal nonconforming, and the letter sa…
I've been pricing out two furnishing packages for the same 2 bed unit and the gap is wider than I expected. The traveler package is around 6k, warehouse store beds, a couch that w…
I've got two open-end debt funds in front of me. Both residential and light commercial bridge, both quoting around 9 percent net, both open quarterly. And I've had to admit to mys…
The convergence argument for 2026 into 2027 is fairly clean. REIT valuations sit near historic discounts to both broad equities and to private real estate, the private gap being t…
I gave a range on a first call last month and it cost me the deal. Long tenure owner, absentee, house had been on a rental for years. From the data and two exterior photos I said…
I'm probably nine months from closing on my first piece, somewhere between 80 and 120 tillable acres. Two neighbors have already told me two different things about how to lease it…
Two farms, same county, eleven miles apart. I've walked both twice and I keep flipping. Farm A is 155 acres, asking works out to about $7,900 an acre. Roughly 40 of it holds water…
I'm looking at a small mixed use building where the seller wants to carry most of the price. Price is basically fixed already, he told me his number twice and hasn't moved off it…
My spreadsheet has 340 rows in it from the MLS, and after running the 70 percent rule on all of them, exactly four ever penciled. Both of the ones I offered on went to someone pay…
I look at small markets and low price points so my numbers are a fraction of what most of you work with, but the question is the same shape everywhere and I'd like to see where th…
I have been pricing sourcing tools and the spread is wide. The national subscriptions with daily updated default and auction data run from about thirty dollars a month for somethi…
Working out what my first deal actually costs and I've got a single cell that says rehab, with 140 in it. Someone in another room told me that cell should be three numbers, not on…
A broker sent me a one page flyer on a 7,000 sf two story clinic building in a suburb I barely know. Four suites, three leased, an asking price, a rent roll with three lines on it…