All 132 real estate strategies.Every room answered.
Start with a RE category
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Then pick the type of post
one click, then see the split
Same sponsor, two offers, and I have to choose one. Single asset: 148 units, 1980s vintage, suburban, under contract, five year agency loan, I get the rent roll, the T12, the insp…
I'm four deals into small commercial and looking at parking for the first time, and the thing I can't settle is what kind of demand I actually want underneath a lot. Every listing…
48 acres, ordinance supports 9 lots without a public road if I use the existing frontage and one easement, and the frontage is the constraint on how fast this moves. Comparable lo…
Argued about this with my accountant and then with a GC in the same week and got opposite answers, so I want to know where the room sits. The purist position is that you underwrit…
I'm about to carry on a 1970s three bedroom in a decent second-ring suburb, priced at 400k. Buyer is self-employed, two years of returns that no bank will read charitably, and he…
I'm looking at a plain four bedroom house eight blocks off a mid-size state school and the two comps on the street are doing opposite things. One is furnished, beds and desks in e…
First deal with a TC involved and I got confused at the closing statement stage. My agent's coordinator charges $425. On the estimate it showed up as a line item against me as the…
I've been reading the supply side for a while, mostly because I wanted to know when land in these submarkets stops competing with new apartment deliveries. The read most people se…
I've got a lender contact, three brokers I talk to, and about thirty properties I've looked at and passed on over the last year. All of it lives in notes on my phone and a spreads…
I sat through a live deed auction as a spectator and counted maybe fourteen bidders who clearly knew what they were doing and thirty-something who did not. The ones who did not we…
Diligence on a sponsor raising a value-add multifamily deal and I've hit a fork I can't reason my way out of. Their realized record is six exits, all between 2016 and 2021, averag…
What pulled me toward industrial in the first place was reading that leases here run long and net, meaning the tenant carries taxes, insurance, and maintenance, and I collect a ch…
Been chewing on this since a broker sent me two things in the same week and they're basically opposite bets. One is a fractional interest in an operating facility in an establishe…
I've been reading gap funding from both ends because I'll probably need it before I ever lend it, and the two versions of the protection story don't line up. Version one is that t…
I'm mostly looking at land and holding patterns, but a listing in a small town described itself as a rooming house with 9 sleeping rooms and 21 residents on the license. That conf…
I'm sizing a first real allocation and the bidding rule is the thing I can't settle. Two coherent ways to run it and they produce different bids on the same certificate. One: pric…
46 lots, one entrance, and my engineer can plat it as one phase or split it into two of 23. Two phase costs me about $60k more in total because some of the mass grading and the er…
Working out what a first parking deal actually costs to run and the payment system is the line I can't pin down. Small lot, 40 spaces, mix of hourly daytime and a handful of month…
Cosmetic gut on a 1,450 square foot ranch wrapped last week, photos are shot Friday. My agent wants to post it as coming soon for six days before showings start so the first weeke…
I've got a piece of a hospitality deal, small, and the sponsor sent a mid-year letter that's forced a question I didn't expect to be arguing about. The asset is a 132 key select s…