I took the job because I wanted to learn the business from inside and I had no production of my own to protect. Comp was $2,400 a month plus 3% of the company vesting over four ye…
I put $50k into this in early 2023, my first passive position of any size, and I picked it mostly because the sponsor answered questions in a way that didn't make me feel stupid.…
I am building a list of small rentals and figured I would put a little money on a crowdfunding platform in the meantime, mostly to see how these things work from the inside. $5,00…
Transitional ag parcel, 31 acres, edge of a growing suburb where the sewer line stops about 900 feet short of the north property boundary. I've been sitting on it since a 1031 lan…
Been planning this for two years and reading everything twice, so here's what actually happened. 3,400 sf single tenant medical building, built 2004, in a town of about 28,000 wit…
Small mixed-use building, two retail bays downstairs and four apartments up, in a secondary market. I was the money on this one with a local operating partner. My whole job is und…
Two of us bought 40 acres of dryland at the exurban edge in 2019, $5,200 an acre, $208,000, 50/50 through an LLC. No income, taxes about $1,900 a year at the time, split. The thes…
Five years in and I'd always treated title as the buyer's side of the fence. Changed that this spring after a listing died at day 34 over an old lien, which cost me the fee and th…
Found this off a service call. Homeowner in a 1970s ranch had a repipe quote she couldn't pay and a plumbing problem that was going to get worse. She wanted out. I'd been reading…
Adding a pre-listing inspection product looked easy on paper. Sellers want to know what's coming, they'd rather find the bad news themselves, and I already had the inspector relat…
Triplex, 470k, bought as a long hold with a manager on it so I could stay out of the day to day. Gross rents 3,975 a month. My model showed about 640 a month of cash flow after ev…
I put 12k into a public non-traded REIT last year. This is the smallest amount I've ever felt nervous about, and the reason I'm writing it up is that the part that mattered wasn't…
First house I ever sold, small three bed, and I wanted to do it properly so I hired a stager. I told her my budget was around 2,000 and she asked which rooms mattered most. I said…
First deal I did the normal way, locked a property and then panicked for two weeks looking for someone to take it. Fee was $3,100 and I nearly blew the closing date. This one I ra…
First time putting money into a crowdfunded deal instead of swinging a hammer on my own project. $5k into a value-add apartment deal on a platform, 82 units, plan was renovate uni…
Two years ago my REIT holdings were a yield screen. I owned whatever paid over 6 percent, which in practice meant a lot of older retail, a couple of net lease names with thin cove…
Closed this last spring, done unwinding it now, so here are the numbers. Off-market lead, tired landlord, 22 years of ownership, came off a mail campaign I'd been running for six…
Gain was $265k from selling my share of a small equipment business in 2022. I rolled it inside the window into a two-asset QOF run by a regional sponsor, $250k in, rest of the gai…
The sponsor I contract for had 88 LP entities across three deals and no reporting cadence at all. Updates went out when something happened, which averaged one every five months, a…
I've been saving toward a first purchase and I got impatient with 4 percent, so a year and a half ago I put 225k into the second lien position on a luxury flip instead. It paid of…