someone asked, the room worked it out
I have a 34,000 square foot flex industrial building in a suburb east of Columbus tied up at a 6.8 cap and the NOI is clean except for roughly $180,000 in racking, conveyors, and…
I am not in Ashcroft specifically but I have watched this from the outside because I had a colleague who put $100k in one of their Texas multifamily deals around 2021 and she forw…
A retailer with eight years of term remaining stops operating out of the location, locks the doors, and mails the rent on time every month. The lease is intact, the guaranty is in…
I've been doing acquisition sourcing work for a repeat client in the East Valley and I kept waiting until I had a solid buyer relationship to draft anything formal. That worked fi…
An ARV is a bracketed estimate built from comps that were already stale the day they closed, adjusted for a condition the appraiser has not seen, in a market that may have moved b…
He was looking at a 38 site park I passed along to him just to get a second set of eyes, nothing I was seriously pursuing. Revenue was around 210k gross, almost all of it June thr…
$2,400 a month. That's what a decent second-floor unit in a Hartford two-family rents for right now, and I keep circling back to it every time someone asks me whether a condo make…
A case worth studying: a rural parcel, 4.2 acres, tax certificate purchased at auction for $3,100 representing two years of delinquency at a 7 percent statutory rate. The county t…
A listing gets professional stills and a walkthrough video. The stills go on MLS, Zillow, Redfin. The video goes on Instagram, maybe a YouTube link in the remarks. I genuinely do…
A case worth studying: contract price 485,000, 30-day escrow, inspection contingency releasing on day 10. Buyer's agent sent the signed repair amendment on day 11 at 6 p.m. Seller…
He was reviewing a private REIT subscription for a client of his and he called me because he knows I have looked at a few of these. He said the operating agreement had a clause th…
A five-room co-living house where room five sits on the ground floor with a private entrance gets pitched as a problem at acquisition, a code question, a liability, a stranger-in-…
Most bridge loan term sheets address this by making the extension fee the borrower's problem, but the rate differential on the replacement lock is a separate number that rarely ap…
He said the number that kills first-time STR buyers is not the occupancy estimate, it is the gap between occupied nights and paid nights after platform fees, cleaning reimbursemen…
Thirty-eight thousand down on a 155k sale, so about 24 percent, and the note sits at 8.5 percent over 20 years. Monthly payment is right around $980 principal and interest, buyer…
Say a capital provider puts in $500k on a 10 percent preferred return and a 70/30 promote above a 1.8x equity multiple. The operator refi's at month 18, pulls out $480k, and retur…
The instinct makes sense. Submarket has softened, land sellers are more realistic, construction pricing has come off peak, so you buy low into a trough and deliver into a recovery…
A case worth studying: a wholesaler ties up a property at 87k, brings in a JV partner to find the buyer, splits the fee 50/50, and the contract has a 30-day inspection period with…
A deal worth studying: a 14,000 square foot clinic, two tenants, one lease described as NNN on the rent roll, the other described the same way in the broker summary. The differenc…
That clause is in almost every luxury contract and most wholesalers treat it as a formality. When the inspection window runs to the end, the buyer has already done the work: they…
One for every strategy in the guide. Each has its own discussion, live deals, outcomes and polls.
