Twenty two addresses from one Saturday. Now what?
I finally stopped reading and drove. Three hours Saturday morning, one older neighborhood on the edge of town where the houses are 1950s ranches and about a third of them have bee…
All 132 real estate strategies.Every room answered.
Start with a RE category
Next, pick a strategy
Then pick the type of post
live deals, numbers on the table
I finally stopped reading and drove. Three hours Saturday morning, one older neighborhood on the edge of town where the houses are 1950s ranches and about a third of them have bee…
Sold the commercial half of my service business in the spring and I've got $150k sitting in a money market while I figure out what it's for. Storage keeps coming up in conversatio…
I'm working through the licensing coursework and doing informational interviews with local management shops so I have some idea what the job actually is before I ask anyone to hir…
Sponsor I've done one small deal with wants $220,000 of preferred capital at 11% accrued, no current pay, into an 86 acre split. I built the model off his assumptions and then sta…
Course hours are done, exam is in five weeks, and I'm licensing in the state I live in. The problem is that roughly 60% of my usable leads are coming out of a metro about 700 mile…
Not buying property here. A friend runs a small real estate PPC shop and wants $85,000 for a minority stake to hire two media buyers. What he showed me: 14 active clients, $4,000…
I set up the closing coordination side of a few creative deals for other people and now I've got four of these files where the buyer is self-servicing, meaning he logs into the se…
Deep in a debt fund LPA and two clauses are sitting next to each other in a way I don't love. First one is in the servicing standard. The manager may grant up to two extensions of…
I'm looking at a $310,000 first position private mortgage on 46 acres, offered to me as a $100,000 participation. Borrower's plan is five lots. I'd rather understand this than own…
I've been pulling lists for four months and finally have two owners who will talk to me. I can chase one properly. Trying to pick. Lead A is a probate situation, court data, singl…
Five properties, 118 units total, all small multifamily in one metro. Blended maturing rate is 4.1%, new senior quote is 6.6% at 60% of appraised value. That leaves a $2.4M hole a…
The PPM in front of me is for a fund that buys obsolete office and converts to apartments. Target equity $180m, three year investment period, four buildings under letter of intent…
Twelve year hold, $2M, and I've narrowed it to two ways in. Option one is an open-end core-plus multifamily fund. 0.85 percent on NAV, no promote below a threshold I'll probably n…
Sponsor I've co-invested with twice wants me to bring the LP equity on their next one. 6.5m of equity total, they have 2.3m soft circled internally, so my piece is 4.2m. Two struc…
I've had a 4.1 acre parcel on the edge of a small downtown since 2019, bought for the land at $310k. There's a 1974 light industrial building on it, 38,000 square feet, single sto…
Five months of reading about notes and I'm still confused in a way I can't fully describe. I understand the mechanics of a performing first lien in the abstract. I don't understan…
Turnover cleans and light handyman work for landlords and a couple of property managers is what pays my bills right now. Three people including me. Two of the agents I clean listi…
I'm looking at a small syndication, 12 units in a secondary market, 2.1m purchase, and the diligence folder has one PDF in the physical condition section. It's a residential-style…
This is the fourth house I've turned around and the first one where I'm hesitating, so I'd rather ask plainly than pretend I've got it figured out. Bought at 152,000. Put 53,000 i…
Been reading through an offering on a flex condo project, the larger owned units with power and water aimed at people who want more than a standard storage unit. Boat and RV owner…