every post in the forum, newest first
Had coffee with a broker Friday who's sold maybe a dozen campgrounds in the northeast over the last four years. He said a lot of seasonal tenants at the parks he's moved treat the…
The T-bill math is simple. Park 80k, collect about 4,200 over six months, roll it, done. No book value risk, no dividend cut risk, no spread compression story to follow. The Annal…
Here is a scenario worth working through. A buyer is under contract on a lot with a March 14 closing, and a survey that cost 650 shows the previous owner's concrete pad sitting ab…
I manage leasing and turnovers across about 900 units so my weeks are not predictable. I have been sitting on this idea of scraping notice-to-vacate filings in two or three counti…
Looked at from the capital side, the boarding houses that attract preferred equity are the 12 to 18 room properties where the operator understands licensing and management but can…
Here is a decision worth working through as a scenario. Say a flipper has 187k sitting in a money market at 4.9 percent, so the opportunity cost of deploying it over 90 days is ro…
I'm the seller on a 3 bed 1 bath in a working class pocket of a mid size midwest market. Appraised style value around 240k, contract at 240k. Buyer is self employed, two years of…
Bought a condo in Denver's Sloan's Lake area in early 2023 for $410k. Put about $38k into it, kitchen, primary bath, new flooring throughout, finished out a small storage room int…
An advisor's line worth sitting with: if you are buying a private REIT, you are buying a story. Take an investor who owns a few residential units in Wrocław outright, no debt, and…
I keep thinking it gives me an edge because I can walk a site and price the horizontal work in my head without calling an engineer first. I did that on a 12-lot parcel outside Tul…
The conventional wisdom in rooms like this is that a double close needs a spread big enough to eat both sets of closing costs or the structure is wasted. Run two Cleveland example…
So I've been circling this for about eight months. I'm not an operator, I have never run a campground, never bought a park outright. What I have done is read probably forty decks…
Here is a scenario worth working through, because the income strategy changes how the unit gets built. Take a 680 square foot detached cottage in outer Southeast Portland, project…
Spent $600 on a videographer for three properties in Q1, posted the walkthroughs to Facebook Marketplace and a local rentals group, two inquiries came in within five days and I th…
Picture an investor with a couple of duplexes who stays far away from anything that could drag them into a legal mess they did not create. These networks get pitched to that perso…
Here is a case worth studying. A wholesaler has a 1.47M estate in Scottsdale under contract, vacant for about 14 months, with a cash buyer who has already done two walkthroughs an…
Take a fourplex listed at 610k where the listing agent offers to write the buyer's offer as well and cut her commission in half, 1.25 percent total on the buy side instead of the…
On a 28 month option term, the scenario worth planning for is a cash buyer showing up in month 14 and the seller deciding to entertain it.
It was a guy at a site I was doing punch list work on, investor type, said he'd tried paid search in a mid-size Ohio city, Youngstown area, and burned through about $2,400 before…
Been watching this pattern for a few months now. I scope a default lead, request the payoff through the servicer, and the clock on the auction keeps moving while I wait. Three lea…
One for every strategy in the guide. Each has its own discussion, live deals, outcomes and polls.
