someone asked, the room worked it out
Take two off campus medical office buildings priced close enough that the spread has to come from credit rather than rent. Building A: 9,200 sf single tenant, orthopedic group, fo…
I'm working toward the service side of this business and reading about REO in the meantime, and two things keep tripping me up. First, do I need a real estate license to buy a for…
I run thin and fast, mostly my own listings and a few buyers, and the money I make is the money I close. So the broker owner idea only makes sense to me if I keep producing while…
Budgeting drone documentation for a six-story build over a 14 month schedule raises two questions that do not always get a straight answer from pilots. A typical quote structure i…
Take 62 acres priced at $8,000 an acre, about $496k, sitting roughly a mile and a half outside a utility district boundary. The district's water and sewer master plan shows a futu…
I've been looking at rural land rather than houses, and I've found two parcels where the owners are out of state and have stopped paying the taxes. I don't want to own them. I'd r…
A package labeled value-add, 1988 vintage, classic interiors on a 60 unit Sun Belt property is often light on specifics, sometimes reduced to a single line about renovating units…
Underwriting this question requires a number rather than an argument about ethics. Take a 1.2m listing where the seller pays 5% total, 60k, all to one firm representing both sides…
Contract is $650 a month, 12-month term, and the IP clause says the vendor retains ownership of all produced work and grants me a license for the duration of the subscription. Sep…
4,400 sf second generation dental suite, six operatories, going dark at expiration. Local imaging group wants it for a 1.5T MRI plus ultrasound and a reading room. Their term ask…
A fund's subscription docs often carry three acronyms that look like they do the same job. QOF is the fund itself. QOZB is the business the fund owns. The 180 day window is the pi…
I've been pricing out what a small title agency actually keeps per file and the remittance split is where my math keeps wobbling. Take a $400k purchase in a filed-rate state: owne…
I've been looking for somewhere to put capital and instead an owner I know offered me the operating side. Two cabins, both his, and he wants out of the day to day. 15% of revenue.…
Take a $320k house with a buyer bringing 10% down, producing a $288k note, with the seller planning to sell the note after roughly twelve months of payments rather than hold it lo…
A common budgeting bind in multifamily right now: an owner's budget calls for 3% NOI growth next year while treating a large insurance renewal increase, say 24% over expiring, as…
I've had two closers use "simultaneous close" and "dry close" to mean different things and I want to nail the definition before I structure anything. Closer one told me simultaneo…
On a typical structure with a 2% acquisition fee on a $14M purchase, a 1.5% annual asset management fee, and a 1% disposition fee at sale, the acquisition fee is usually paid at c…
On a direct IRA purchase, the purchase contract gets signed by the custodian as trustee for the benefit of the IRA, and the account holder signs a direction letter directing the p…
A double close breaks when the C buyer's permanent lender requires a seasoning period, commonly around 90 days of recorded ownership, before it will lend. The B to C leg then cann…
A number of states require a park owner to send residents a statutory notice before a sale closes, giving them a window, commonly around 45 days from notice, to organize and make…
One for every strategy in the guide. Each has its own discussion, live deals, outcomes and polls.
