A common first farmland deal involves 78 acres offered off market at $6,100 an acre, roughly $476,000, to a buyer whose experience is limited to owning the building their own busi…
Consider a bird dogging operation running three spotters and five investor clients, delivering 74 accepted leads in a strong month. A typical revenue split in that scenario: the l…
A common structure worth thinking through: a sponsor offers an operating partner a seat inside the GP on a 112 unit two-property portfolio, 9.1m all in, 3.2m equity, with the part…
Here is a scenario worth working through. A 5,900 sq ft luxury flip finished in late spring. Bought at 2.6M, all in at 3.68M including a scope overrun that is not worth relitigati…
Take a 70 acre parcel in a cheap rural county, 46 acres in an old navel citrus block, the rest pasture and a shed. Say the contract price is 392k, or 5,600 an acre, rich for bare…
The deck reached me through someone from my old industry and I have until the 19th to fund or pass. LP minimum is 75k, which is most of what I have set aside, so I would rather be…
This is a smaller question than what usually gets posted here, but it comes up often enough with small mixed buildings that it is worth working through carefully rather than guess…
A useful case for anyone running a small crew alongside a live-in flip. Say a finish and punch-out crew, mostly booked on other people's projects, gets used to fill gaps on the op…
My balance sheet is done. 11 units across four small deals, all cash flowing, all levered as far as any lender will go on my income. The next deal I want is a 38 unit at 4.2M, 198…
Take a rural land case: 6 acres purchased with a plan to split it eventually, a boundary survey ordered ahead of the split, and the survey turning up a neighbor's pasture fence si…
Consider a sponsor with 120 acres under contract at $6,800 an acre, $816,000, planning twelve 10 acre lots at a pro forma of $135,000 a lot for $1.62 million gross. A $900,000 rai…
I have 22k saved and a plan I got from reading too much: buy a house with a low down payment loan, live in it a year, rent it, buy the next one. First conversation with a loan off…
Diligence on a stabilized fund's largest data center asset can turn on a single exhibit. The marketing materials might describe the asset as a 32 MW facility. The lease's Exhibit…
I've got capital sitting and I've been reading about seller financing generally. Wraps came up and I don't follow the source of the return. As I understand it the seller keeps the…
I've got a purchase option on an infill lot zoned for about 14 units, 90 days left to decide. Land is $310k. Hard costs quoted at $215/sf on roughly 13,000 net sf, so call it $2.8…
I'm coming into this from the wrong end. I've been getting a first rental ready and reading everything about screening tenants, and somewhere in that I realized I was about to han…
Five months into a paid land buyer network and I've closed zero. 400 a month, so 2,000 spent. The feed sends me 6 to 15 rural and infill lot deals a week, and I've made offers on…
Reviewing a deck for a 3.5M raise, two parks in one recreational market, 190 sites combined. Structure is an 8 percent preferred return, 70/30 split above it, five year hold, 2 pe…
Three different people found me in the last two months asking if I'd go look at a house for them. All out of state, all doing some version of remote wholesaling, all in the small…
Under contract on a 4-unit, $620k, all cash from a private lender who is taking a first position but the loan closes after, so the purchase itself lands as a non-financed transfer…