one click, then see the split
A subscription agreement often contains a sentence worth stopping on. The platform describes itself as the portal and the technology provider. The issuer is a separate LLC control…
I've spent most of my time on raw land, so storage is new to me. What pulled me in is that the sector seems to be arguing with itself right now and both sides sound reasonable. Th…
Land banking in its pure version is buy raw land, make no improvements, collect nothing, wait. Then almost every person I talk to who actually owns acreage mentions some small inc…
Take a 1,450 square foot ranch on an infill lot, held eight years for an assemblage that never came together and now going to market. Vacant, clean, 1968 kitchen, nothing wrong wi…
A recurring tension in adaptive reuse underwriting. Nearly every conversion pro forma these days carries a policy line somewhere: a tax abatement, a conversion overlay that waives…
My REIT sleeve paid about $1,900 last quarter across five positions, and the brokerage had reinvestment switched on by default for all of them. I turned it off to think and now th…
Four completed cycles, fifth under contract, and the thing that's slowing me down now isn't money. I've got a line of credit and a couple of people who'd fund a rehab tranche if I…
Two schools of thought come up constantly when owners weigh whether to keep selling once they have a team. One camp keeps producing indefinitely. Take an owner with six agents who…
The split this room never resolves is face led or brand led. Take a small content shop as the example, one operator plus an editor at $28 an hour, running content for its own reha…
A useful framing question in rural land flipping is whether to buy parcels with a known title problem or stick strictly to clean ones, and it is really a policy decision rather th…
Ran a 118k in, 142k out last month and both legs closed within about two hours of each other, which is how I've done every one of these. My funder doesn't care, the fee is flat pl…
Foreclosure filings were up 26 percent year over year in the first quarter per ATTOM, starts up 20, repossessions up 45. The list every scout works from is getting longer, and mos…
Take a small three bedroom estate sale with contents still in the house, heirs out of state, and a listing agent presenting two versions of the same deal. Either the seller delive…
Take a 212-unit self-storage facility, 24,600 net rentable square feet, 89 percent physical and 81 percent economic occupancy, priced to imply roughly a 6.1 cap on trailing twelve…
I've been reading operator house agreements to work out where a service business could sit in this model, and two of them handle new tenant selection in completely opposite ways.…
Note on my desk, 9% coupon, amortizing on a 30 year schedule, balloon at month 84. Balance 118k, seasoning is 29 payments clean, I'm being quoted 74. At 74 the yield to the balloo…
I asked an agent for a blank copy of her listing agreement so I could read one before I ever have to sign one for real. The term line says twelve months. She said that's just what…
I'm still working out where I fit in this industry, and lately I've been sitting in on trustee sales in my own county to learn the mechanics. Six on the calendar last month. Four…
For an investor in a group holding small multifamily buildings, comparing an inspector's invoices across engagement types raises a useful question about incentives. Say the inspec…
Land wholesaling appeals to a lot of people precisely because there is no rehab in it, no construction knowledge required. But the two shapes of a first deal teach very different…
One for every strategy in the guide. Each has its own discussion, live deals, outcomes and polls.
