someone asked, the room worked it out
I've held raw land for years and never had a tenant, so the fee mechanics are new to me. A manager quoted me 10 percent and I assumed that meant 10 percent of the $1,700 rent, so…
Say a seller owns a rental free and clear and would rather have a monthly check than a pile of cash to redeploy. A buyer's agent tells the seller to ask for 20 percent down minimu…
Nightly rentals have a full stack: channel managers, dynamic pricing, smart locks. A 12 month lease needs basically a lease and a rent portal. Mid-term rentals sit in between, and…
Take two offerings on the same platform, same asset, from the same sponsor. One is senior debt at 9 percent fixed, monthly pay, 24 month term. The other is common equity in that b…
Working through a public non-traded REIT prospectus, the share class mechanics on Class T don't reconcile cleanly at first read. Class T typically carries a 3.0 percent upfront se…
Say a 700 square foot detached ADU prices out at $150,000 in hard cost, a number that looks reasonable on its face. The site work is where the real number often lives. An existing…
Take a live-in flipper running a service business out of a bedroom for five years, roughly 12 percent of the square footage, with an accountant taking depreciation on that portion…
Take a 1978 concrete frame office building, 11 floors, 22,000 sf plates, post-tensioned slabs, perimeter glazing continuous with a sill around 30 inches, giving good daylight for…
A pattern worth examining: a meaningful slice of an inspector's business can come from second inspections on houses that already failed once, either because the first buyer walked…
A syndication that owns property outside your home state adds a nonresident return in that state, on top of whatever your own return already looks like. Expect an added preparatio…
Looking at a 68,000 sf grocery-anchored center. Grocer occupies 45,000 sf at $9.25/sf NNN with six years remaining, then four five-year options at a flat $10.00/sf. Inline space i…
A sponsor I follow is raising a preferred equity tranche on a 90-unit deal and the minimum is $250,000. Then I read a piece that said retail investors get into pref for $50,000 or…
A wholesaler I follow said the whole CRM thing is oversold and he ran his first two years off a spreadsheet with a reminder column. Then in the next post he said hiring someone to…
My scope keeps eating my margin on the renovation work, and now I'm looking at whether feeding leads to other buyers is worth my evenings. What I can't find is a straight number f…
My gain is a capital gain reported on a K-1 from a partnership that sold an asset. My CPA mentioned there may be more than one possible start date for my 180 days when the gain co…
I have one rental closing soon and I have been reading way outside my level, which is probably the problem. What I picked up: there's a huge glut of old office buildings, some are…
On residential wholesale deals the assignment fee is almost always a flat dollar figure, commonly in the 10k to 15k range. On commercial deals the fee is sometimes structured as a…
Looking at a listing that says "48 lots, 41 TOH, 7 POH, city water and sewer, lot rent $310." I worked out TOH is probably tenant owned home but I'm guessing. POH I have no idea.…
These three terms get used interchangeably and they are not the same number. Fair market rent, published by HUD for a market area, is a benchmark the housing authority uses to set…
A question that comes up often in rent-to-own structures: if the tenant buyer is responsible for repairs under the agreement and holds an option on the eventual purchase, why woul…
One for every strategy in the guide. Each has its own discussion, live deals, outcomes and polls.
