every post in the forum, newest first
I have a gain sitting in a fund right now, subscribed in March, and the manager keeps saying "Q3 deployment" without giving me anything more specific than that. I get that they ca…
Picture the buyer's side of a wrap in Phoenix. The underlying is a 2019 VA loan at 3.25, the seller wants to wrap it at 6.5, and the property is $410k. The spread looks fine. The…
Anyone who spends time inside buildings while other people decide whether to buy them hears a lot of assumptions get made from a rent roll and a survey. Take a common scenario. A…
My brother and I have nine doors and none of them came from a following or a net worth head start, so I watch this from the outside, but I think the real question is whether the m…
Anybody had this happen and actually gotten the fake ad taken down fast, or is it basically just wait and flag and hope?
Here is the scenario. A spec home on a street goes full custom on finishes, quartz everywhere and custom cabinetry throughout, and prices 67k over the last sale on that street. It…
The standard agency pitch is that you pay a premium over a raw hire because the training has already been done. Fine. But the harder question is what a trained seat actually retai…
Here is a scenario worth working through. Take a 47 acre block outside Winters, California, planted in 2019. The trees are five years in, so meaningful production is another four…
Shopping in Sacramento county, SFR around $480k, first purchase. Lender's preferred shop quoted $3,850 all in for the loan policy and escrow. The independent I called quoted $1,65…
Passive investors in medical office funds generally expect the first few K-1s to carry meaningful depreciation. A cost segregation study in year one, with bonus depreciation flowi…
Dispo networks get mentioned by active investors like they are just part of the process, and for anyone coming up outside the wholesale world it is worth asking plainly what they…
I keep turning that over. One signed PSA from 2,200 records over eight weeks, and the client renewed the contract. Asked her why he kept paying and she said he told her the deal c…
A failure mode worth naming in service sourcing agreements. An acquisitions person gets engaged on a tight buy box, single family under 280k in two specific zip codes with an ARV…
Take an 80k LP position across three facilities in eastern Tennessee where the first real distribution lands at month 14 and comes to 1,140. Small on its own, and run out it holds…
Here is a scenario worth working through honestly, because the numbers are common. Picture someone pulling Notice of Default filings from the county recorder every month for about…
Take a debt fund with an average LTV of 65 across the book. That sounds fine until you pull the individual loans and find that the appraisals on about a third of them date from mi…
Both are residential, one in Macon and one just outside Savannah. The Savannah one has a UPB of $94k, I picked it up for $31k. Macon is $67k UPB, paid $19k. Neither borrower has r…
Here is a pattern from the valuation side that deserves more attention from buyers. Go back through a year of appraisal files on retail centers and it is not unusual to find that…
Talking to a seller right now on 47 acres in a rural county about two hours from me, asking $31,000. Sounds fine until I started reading about timber severances and now I don't kn…
I'm looking at pulling cash out of my condo, maybe $40k, and my loan officer mentioned something about a waiver being possible depending on LTV. I'm at roughly 58% LTV right now s…
One for every strategy in the guide. Each has its own discussion, live deals, outcomes and polls.
