All 132 real estate strategies.Every room answered.
Start with a RE category
Next, pick a strategy
Then pick the type of post
someone asked, the room worked it out
House is under contract at $332,000, buyer's lender ordered the appraisal, it came back $314,000. Two of the three comps the appraiser used are older houses with original kitchens…
Rehab deal in front of me. Purchase 240k, rehab budget 85k, so all-in cost 325k. Borrower's ARV is 430k off three comps, two of which are on a street with newer builds and bigger…
Sitting on an offering for a mature almond block, roughly 320 planted acres, trees around year 11 of a stated 22 to 25 year productive life. Seller pro forma runs on full surface…
My guys are in neighborhoods all day anyway for service calls. It seems obviously wasteful that they drive past twenty rough looking houses a day and nobody writes anything down.…
I look at loans from the lending side rather than owning, so I understand the origination math better than the aftermath, and I want to fill that gap. Say someone buys with 5 perc…
I've been buying and holding raw land on my own and a couple of people I know keep asking me to look at parcels for them. Rather than doing it for free I'm thinking about getting…
I mostly do land so treat me as an outsider on this. I ran a house near me as an exercise. ARV I'd defend is 325,000. Cosmetic scope, paint, floors, fixtures, kitchen refresh, cal…
I've been slowly building a number for a duplex around $300k and my whole worksheet is basically down payment plus a few thousand for closing. A lender I talked to mentioned reser…
Sitting on an engagement where I built the operating model for a 180-unit value-add, and the sponsor now wants my firm's name on the model tab and a one-page memo that goes into t…
Building a list rather than buying yet. Last full month for my county gave 340 new probate cases. I matched names and addresses against the assessor and got about 60 that look lik…
My first rental is coming and I'm reading everything, and I keep circling back to reverse wholesaling because it looks like the version with no down payment. Which makes me suspic…
I put a sponsor's deck side by side with a plain non-OZ syndication this week. Eight-year hold going on ten, $250k in, pro forma that ramps to a 6% cash yield after year four, and…
Fourplex, asking $720k. Seller's broker hands me a package showing $52k NOI and calls it a 7.2 cap, then points at 5-plus sales in the same submarket trading at 6.5 to justify the…
Six units across two small buildings, self-managed, and I'm on my third agent in four years. None of them were bad people. They just didn't understand what I was buying. So I star…
Working through a couple of sale-leasebacks that came out of an operator refinancing after an acquisition. In both, the seller-tenant chose the rent, which sets the cap, which set…
I've been looking at a couple of small houses in a town about an hour out. Both times the sign had the listing agent's number on it and I just called that number. Nobody made me s…
Underwriting a 142-key select-service asset in a secondary market. Trailing twelve is 71.4% occupancy, 152 ADR, so 108.5 RevPAR. Total revenue 6.1m, GOP 2.45m (40.2%), base manage…
Trying to figure out what people pay for this. I asked in a chat and got answers from 500 to 15,000 for what sounded like the same thing, which tells me either the market is wild…
I hold for a long time and I don't enjoy debt, so I keep arriving at the opposite conclusion from most people in this room. Deal I'm modeling: all-in $180k, ARV around $240k. At a…
Everything I own is small residential, so this is new. The building is 12,000 sf split into three bays, and the lender's term sheet says a Phase I environmental site assessment is…