All 132 real estate strategies.Every room answered.
Start with a RE category
Next, pick a strategy
Then pick the type of post
it finished, here is how it went
I've been poking at the service side for a while and kept getting stuck on the same wall: staging means owning furniture, owning furniture means a warehouse, and I have neither. S…
This was my second LP position ever and my first development deal. A 22,000 sf medical office building on a suburban outparcel, total project around $9.4M. The sponsor had done fo…
The plan was diversification. One portal, five deals, $10,000 each, different asset types and different states. Two extended stay hotel conversions, a small industrial infill, a b…
I've been trying to work out what my first deal actually costs and ended up modeling one property both ways to see whether the rehab-and-refi cycle was worth the extra work. Numbe…
Two years in on the market-rate side and I still managed to walk into this one, so I'll write it up plainly for anyone as new to the program as I was. I bought a small 3BR in a de…
$2.4M acquisition, 14 units, 1970s brick garden walk-up, 62 percent occupied at takeover with a real path to 92. I wanted a 24-month bridge at 70 percent of cost with 12 months of…
This is the ceiling I keep talking about and I finally hit it with numbers attached, so here they are. Started with 140k of my own cash 26 months ago. Plan was four single family…
Posting this because I've mostly been the person asking what a first deal costs, and this one closed and I can show the whole shape of it. Sponsor was a regional operator with in-…
I papered a sub-to for a partner in early last year and got a phone call in the fall that started with "my ex says the house is part of her bankruptcy." It wasn't, and the reason…
$250k committed, three year term. Management fee 1.75%, and here's the clause I read and did not think hard enough about: charged on committed capital, not on invested capital. Th…
Construction is what I know, so when I bought into a 31 door scattered portfolio with a partner I looked at the manager's fee sheet and saw a 10% base plus a maintenance coordinat…
We closed on the sale two months ago, so I can finally write this up. House was a 1,650 square foot 1940s two-story in a first-ring suburb, bought at 218k, worst house on a decent…
My first closing ended up being the structure I told myself I'd never start with, after six months of reading. Writing it out because most of what I read about wraps skipped the m…
I read houses for a living from the framing side, so I tried using that on a driving list instead of mailing everything at once. 90 addresses logged over six weeks in an older tra…
I'd rather be on the lending side than the owning side, and this was how I got there without buying anybody else's note. I sold the one rental I owned and kept the loan. The prope…
Sold a piece of equipment and a small parcel in 2024 and had about 96k of gain. Plan was simple in my head. Buy a beat up two story in a designated tract, do most of the work myse…
This was a house I ended up owning through a partnership unwind, 6,800 square feet in an established high-end suburb, 2006 build, good bones, dated kitchen. I decided to run it li…
Bought 22 acres at $6,100 an acre, $134,200 all in, planning to sit on it until the road widening pushed development east. Taxes at closing were $340 a year because the parcel car…
This closed out last month so I can write the whole thing down. Two houses, one sponsor, plan was to convert both into 6 bed licensed homes in a metro with genuinely long placemen…
Closed on a 2 bed 1 bath, 1,040 square feet, in a county seat town in the midwest. $118,500 all cash from a Roth SDIRA. Rents at $1,150, taxes $1,340 a year, insurance $890, PM at…