live deals, numbers on the table
I have read this room for months and mostly kept my questions to myself, but I have a building under contract and the numbers have a hole in them I cannot close. Fourplex, 1962, 5…
Consider an investor with 15k available and roughly a 40% chance of needing that cash in about two years for equipment. That uncertainty rules out most equity crowdfunding deals,…
Trying to get my head around the R that everyone talks about. Every write up I read describes buying at 70% of value minus rehab, then refinancing and getting all your cash back s…
Take a duplex bought a bit over two years ago, both sides identical two bed one bath. One side has been the owner's home the whole time, the other side rents for 1,300. PITI on th…
Take a probate duplex purchase, a 1920s side by side, both units 2 bed, market rent around 1,250 each in a working class part of town where the numbers still make sense. Purchase…
A scenario worth thinking through for anyone driving neighborhoods for leads. Two houses on the same block, same owner name on record, mailing address out of state. One has plywoo…
Consider an appraiser who took on a trainee last August. Most states require supervised hours before a trainee can sign independently, and the hour count and co-signature rules va…
Take a residential appraisal firm in a mid-size metro that's for sale. Two certified residential appraisers, both owners, one trainee about 700 hours into supervised experience. A…
Filing came off a court-sourced probate list last month. Personal representative has been appointed, letters issued, so there's authority to sell. Property is a 1,400 square foot…
This isn't the rental I've been posting about. My parents' neighbor is selling 35 acres about two hours out, mostly mixed hardwood with maybe 8 acres of planted pine along the roa…
Realized 310k of long term gain in October from selling a small retail strip. My 180 days runs out in April. I have two sites under LOI and I can only fund one without a partner.…
Third crowdfunded LP position and the first time I've read a waterfall that orders things this way. Language is roughly: distributable cash goes first to an 8% cumulative preferre…
Building a channel comparison for an acquisitions budget, and the SMS column looks too good, which usually means something has been left out. Mail: 10,000 pieces at $0.62 all in,…
A public non-traded REIT with roughly 62% of trailing year distributions funded from cash flow from operations, with the remainder coming from offering proceeds and a fee waiver b…
Take a three story office building from 1963, about 22,000 gross square feet, asking $1.4M. That works out to $64 a foot for a structurally sound building, which sounds like a gif…
Consider a small site, 8 to 20 units, under a feasibility period as a first ground-up project. The basic shape: buy or option land, secure entitlements, which is permission from t…
Take a small portfolio buyer new to purchasing through a wholesaler, looking at a six unit deal worth working through carefully. The deal: six units, two-bed each, one building, 1…
Here is a first auction scenario the room can work through, because the deposit rules are where new bidders get caught. The setup: an online platform, a county in a bid-down state…
A common trap when sizing a first REIT position is building a spreadsheet across too many tickers and too many columns, say nine names spanning industrial, data centers, residenti…
I own six acres on a state highway just outside a town of about 19,000. Bought it three years ago to hold. Zoned commercial, water and power at the road, sewer is not, there's a s…
One for every strategy in the guide. Each has its own discussion, live deals, outcomes and polls.
