one click, then see the split
Two JV term sheets can split the same way on paper and still get there by different routes. One structure gives the capital an 8% preferred return, meaning the money is paid first…
Building out the terms side of a rural land plan usually stalls on the same document choice, because the two camps of experienced sellers say opposite things. Camp one sells on a…
Take someone starting a cleanout business with a pickup, a borrowable trailer, and two people willing to work weekends, deciding which type of work to chase first. Option one is t…
I've installed and repaired a fair amount of this equipment and I've never seen a lease handle it well, so I want to put the ownership question to people who underwrite these buil…
Reading the contract before signing it still puts an operator ahead of most people in this business. A typical bulk property data agreement allows internal use and display of deri…
Take a duplex with a 3.9 percent loan on it, about 141k remaining. Sell at 215k with 15k down and carry the 200k at 7 percent. The buyer's payment lands around 1,330 and the under…
A common early mistake in wholesaling is building the wrong half of the business without deciding to. Seller data is purchasable, buyer relationships are not, so a new operator of…
Many ADU ordinances cap floor area at the lesser of 800 square feet or 50 percent of the gross floor area of the principal dwelling. On a 1,100 square foot principal dwelling, tha…
Two things I've been looking at side by side, both about 40 minutes from me. One is a fourplex around 540k, four two beds, in place rents 1,250 each. It would be a residential loa…
Operators who come from the build side tend to trust replacement cost more than any other number in the model, which is exactly the bias worth checking hardest. Consider a 312-uni…
Consider a 240 unit deck where the sponsor pays about 2.1 points into a rate buydown and an interest rate cap that runs three years. The alternative on the table was a purchase pr…
Two people have offered to handle dispo for me when I get something under contract, and I have no way to tell which offer is worth more. The first sends a monthly email to a list…
The clean version of self-directed IRA deployment is passive and unleveraged: interest from private lending, note payments, rent from a property the IRA owns free and clear, capit…
When a newer investor asks whether a subject-to deal is reasonable as a first purchase, the honest answer sits on both sides. The case for doing it early: the deal does not need t…
I hold land and long-term rentals and I've been prospecting owners directly for six years, so I've watched my own connect rate slide from something like 11 percent down to under 4…
I'm building the screening file I'd use if I ever offered a rent-to-own on the house I'm about to close on, and the standard tenant screen doesn't answer the question I actually h…
I've been doing diligence on medical outpatient buildings for about a year and I keep landing on the same fork, so I want to see how the room splits. Quick definition for anyone n…
Set the scenario as a buyer negotiating a rent to own on a small house, with the owner leaving the term open to proposal. The file needs about eighteen months of clean payments an…
I've read the section on income valuation twice and I think I finally understand why these two buildings are asking the same number. Both are 5 units, same small city, about a mil…
Take a rural buy box: small counties, price points under 120,000, an owner universe small enough that one person can name most of it. Suppose that list produced a live conversatio…
One for every strategy in the guide. Each has its own discussion, live deals, outcomes and polls.
