every post in the forum, newest first
For an investor new to qualified opportunity funds, whose capital had previously gone into a different kind of asset entirely, a modeling question comes up quickly that seems basi…
Been reading about non-traded REITs after a conversation on a job site and I don't understand the core sell. The pitch is that shares don't swing with daily market sentiment, so y…
Sizing the true cash need for a short-term rental purchase means going past the down payment. Take a two bedroom condo in a tourist market at 320k, 20 percent down at 64k. Beyond…
Say a two bedroom short term rental in a small lake market comes back with a hot tub quote of $9,400 for the unit, pad, and electrical run, before a cover lifter or the fence the…
Building a list of pre-foreclosure and probate-adjacent single family files in one county and deciding when to bring in an attorney tends to split into two defensible approaches,…
I don't build anything myself, I put money into other people's deals, so my ADU education came secondhand and by accident. I was walking a small property with an operator I was co…
Take a shop of four originators and a processor where purchase volume is holding but refi has largely dried up, and two of the four are living off a thinning pipeline. A steady tr…
Take a 12 unit, all two bedrooms, in place NOI of 118k after 5% vacancy and 250 per unit per year reserves, with a maturing bridge loan pushing the timeline. Three term sheets on…
A useful case study for anyone evaluating LP syndications: a $50k investment into a 96-unit 1998 build in a mid-size southeast market, entered in February 2021, sold in August 202…
Looking at my first LP deal instead of another flip, and the summary page has three numbers stacked on top of each other. 15% IRR, 1.8x equity multiple, 8% average cash-on-cash. O…
Take a side by side duplex at 429k, 5 percent conventional owner occupied. PITI plus MIP lands around 3,150. One side rents at 1,750, with market supporting maybe 1,800 on turnove…
Bought a 1950s ranch for $265k with an FHA loan, 3.5 percent down. It had a walkout basement with its own door to the side yard, which is why I bought it instead of the cleaner ho…
Owners and managers have this argument constantly and nobody agrees, so it is worth laying out properly. Percent of collected rent is the default. Eight to twelve percent dependin…
Sat through two intro calls this week for the same price band, roughly $4k for six months of group coaching plus office hours. The first guy owns a real portfolio, small multifami…
Say a buyer is reading the agreement an agent sent over before touring anything, and two things do not parse. First, a paragraph titled protection period. It says that if the agre…
First rental coming and I've been reading everything, which means I've read about forty articles saying the NAR settlement was going to end the 6% commission. Then I looked at wha…
Here's a scenario worth working through: an owner of a few small buildings has $92k sitting idle after a refinance and doesn't want it parked in savings for another year. A local…
Working on my salesperson license now and a private lender I know suggested I bring him deals and take a piece of the points. He funds, I find the borrower, walk the file, and get…
I mail land and small acreage, so this was a side experiment. I pulled the notices of default from two rural counties for the last 90 days, filtered to anything with more than 5 a…
Three deals in and I've hit a wall on the REO side. Every bank-owned listing that hits the MLS in my two target zips is going to highest and best within about 72 hours, and the wi…
One for every strategy in the guide. Each has its own discussion, live deals, outcomes and polls.
