Here is a case that shows exactly what a zoning verification letter does for a unit count mismatch. A fourplex, two up two down, $585k, in a first ring suburb where current zoning…
I came into this from a completely different line of work and had no chance of buying a property with what I had saved. 25k, no local market knowledge, no time to renovate anythin…
Still a little stunned so I'm writing it down while I remember the order things happened in. Seller was an out of state owner who inherited a 3/1 from an aunt, had been paying the…
18k into a value-add multifamily deal on a platform I'd used twice before. 64 units, midwest secondary market, sponsor's plan was interior renovations on turnover, push rents abou…
A small team lost their in-house coordinator with two weeks' notice in the middle of their busiest stretch. I picked up 11 active files at $325 each, flat, invoiced at close, on a…
The tuition is often the smallest number in a bad coaching purchase, and a case worth walking through makes that clear. The pitch that lands is a "strategy fit" call in week two.…
A cautionary case worth studying. Say a gain of roughly 612k comes from selling a portfolio of rental properties, and the full 600k goes into a qualified opportunity fund after mo…
$900k into a pref position on a suburban office-to-flex conversion, 12% accruing, no current pay for the first eighteen months, 1.35x minimum multiple at redemption. I read the wh…
Take a 22 unit, three story walk-up, surface parked, wood frame over slab, on an infill parcel in a secondary market anchored by a hospital system and a state school. Land at $520…
I'm still waiting on my license number, so I asked around first about whether I could take fee-for-service coordination work without one. Where I am the answer was yes as long as…
Take a live-in flip sold after twenty-seven months, single filer, where the gain lands above the exclusion, which is a scenario worth planning for from the start rather than disco…
Payment went from $1,412 to $1,741 in month ten and nothing about the loan changed. I was keeping the file on a sub-to for an investor I do coordination work for, so this one is o…
A common mistake is moving money into something liquid, wanting real estate exposure with income, and screening on yield alone. REITs pay out most of their taxable income and yiel…
A cautionary pattern worth knowing before joining a paid wholesaling group built around a shared buyer list. One such group ran off a paid chat at 199 dollars a month, with the dr…
1,100 square foot ranch, contract at 132, ARV I had at 205, scope I had at 24. First deal, six months of looking, and I got excited enough that I priced LVP and picked a paint col…
Take a first loan funded on a 4 unit collateral, brick, all four occupied at under market rents, in an inner ring working class suburb. An as-is appraisal at $455k supporting a lo…
Take a general contracting crew moving from a solo operator plus a helper to three carpenters on payroll. The structure that makes that survivable is signing investors to reserved…
A useful cautionary case in permanent crop acquisitions. Take an 88 acre vineyard in a cool-climate wine region, 71 planted, average vine age 18 years across five blocks, asking $…
A common and repeatable failure in real estate media pricing is setting a flat rate off a spreadsheet estimate and never checking it against actuals until a quarter has already pa…
A friend syndicated a small apartment deal, 22 LPs, and asked me to handle the investor emails for $600 a month. I said yes over coffee. Nothing in writing about what I was and wa…