it finished, here is how it went
Take an agent testing whether self-produced content could replace a paid vendor before committing budget. Over two months, mostly evenings and weekends, the run came to 61 tracked…
Still no deal of my own. But this worked, so here it is. Last winter I started tracking published street rates weekly across 40 facilities in three submarkets, unit by unit for th…
Here's a case worth studying because the result came from a modeling choice, not a market call. A 1920s triplex in a streetcar suburb of a mid-sized midwest city, purchased at 214…
Posting this while it's fresh. I set up a small texting operation last year, signed three investor clients on $900 a month retainers, and shut it down in month four. What I spent.…
Take a two seat agreement signed with a VA agency in the spring. Two years later, bringing one of them in house directly triggers an exit cost of $9,400, right there in the docume…
A case worth studying on buying cutover timberland and replanting, where the deal worked but the timing cost a season. Cutover means the timber is already harvested, so the buyer…
A common JV wholesaling structure looks like this: a lead comes from a lending contact, a tired owner of a small 4 unit in a soft submarket. The lead gets brought to a wholesaler…
I spread 12k across six equity deals on one platform over about eight months, 2k each. Different states, different property types, two small multifamily, one self storage, one ind…
A case worth studying, because the thing that breaks is the line that was modeled most confidently. The asset is a 104 key extended stay in a secondary market, bought at $9.5M wit…
First parcel, first anything. Asking was $74,500 for 11 acres about 40 minutes past the last subdivision on a state route, gently rolling, county road frontage on the north side.…
I own a three bedroom, live in it, and had two empty rooms doing nothing but holding boxes. Six weeks ago both are rented and I want to write down what happened while it's still f…
I already do back office work for a handful of small landlords, so bookkeeping looked like the obvious adjacent line. Recurring, sticky, the clients were already asking. I signed…
Twelve month contract, ended it at month nine by mutual agreement. Writing it up because the failure was entirely in one assumption and it's an assumption a lot of people are maki…
Here is a case worth studying, because the part that nearly killed it is the part most sellers never underwrite. Take a plain 2 bed 1 bath, about 900 square feet, three blocks fro…
Closed this out in January at a loss of about $101k over 16 months. Fast, thin, and I got the thin part wrong. 4.1 acres on a paved county road, $310k. Zoning allowed six lots by…
Consider 87k of Roth capital deployed into second-lien notes starting in 2022. The book: six notes, all seconds behind institutional firsts on owner-occupied houses in two midwest…
Writing this as the passive side of the trade, because I do not think I have seen this failure described plainly anywhere. Two years ago I put $35,000 into a joint venture with an…
19 positions, four platforms, first commitment in 2019, last in 2024. Average check just under 5k, about 96k deployed total. Ten equity, nine debt. I tracked it the way I track ev…
For a limited partner in a 96-unit apartment deal, reading the property management agreement before funding, not the operating agreement, the separate contract between the ownersh…
Zero deals before this one, so treat everything below as a beginner reporting back. I signed a written buyer agreement with an agent who works mostly with small landlords. Her fee…
One for every strategy in the guide. Each has its own discussion, live deals, outcomes and polls.
