Say an investor has 400k earmarked for LP equity over the next 24 months and four sponsors have cleared diligence: two multifamily value-add in the southeast, one light industrial…
I have a 2 bed 1 bath, 900 square feet, four blocks off a light rail line, under contract at 178k with 15% down. Furnishing budget 9,000. Unfurnished comps 1,400. Furnished 30 plu…
Small three bed, bought at 118k, put 34k in, all in about 158k with holding. I underwrote the after-repair value at 205k off three sales within half a mile that all closed in the…
Take someone who wants income that does not turn into a second job. Everything written about wholesaling describes a full time grind of cold calls. The buyer first version reads l…
Take a 6-unit deal several hundred miles from the buyer, 1968 brick, all 2 bed units, asking $640k, seller reporting gross rents around $6,150 a month. A typical listing might car…
Take an investor who has spent eight months building a list of 40 small multifamily buildings, all 4 to 12 units in one metro, with offers written on none of them because everythi…
Closed acquisition on a 1950s ranch six weeks ago, all in around 212k with the buy plus about 41k of scope. Comps in that pocket support 305 to 318 depending on how the kitchen la…
Consider an operator running direct mail at about 4,000 pieces a month, generating roughly 300 inbound leads a month including the low quality ones. Response rate runs around 1.2%…
9-unit, 1960s brick, listed three weeks ago at $1.24M. Signed a 5% total commission, 2.5 each side. Rents are $8,900 a month, T12 NOI just under $84k, so I'm priced around a 6.7 g…
Application is in, exam is scheduled for six weeks out, and in the meantime two investors I met through a rehab crew both want me sourcing off-market houses for them starting in M…
A scaled lien operation gets described sometimes as a bond ladder where the county does the collecting, and that framing is worth checking rather than just repeating. The mechanic…
Say an operator running a 9 seat calling service for investors needs working capital, not equity. A facility against receivables is the ask, and a week spent reading the numbers i…
I sold my share of a mechanical outfit last year and have 140k sitting in a money market. A GC I subbed alongside for six years called me about a flip he's got under contract and…
I have a gain coming from a business sale that closes in Q4, so my window runs into 2026, which puts me right on the seam of the transition. I've been through both PPMs twice. Fun…
An owner with about 40 doors across a few small buildings asked if I'd take his maintenance calls. Roughly 30 of those units are voucher tenants. He's offering $1,800 a month as a…
Platform I've been an LP in since 2021 just closed a portfolio refi. 14 of the 19 facilities went into a single loan, $118M, they're calling it about 62% of appraised value. Cash-…
Here is a scenario worth working through in the nine days an inspection period usually leaves. An investor with four single family rentals insured at 1,300 to 1,650 each puts a tr…
Say someone is offered half of a real estate media business by a seller who frames it as passive income. The pitch: 2023 gross $284k, 2024 gross $311k. Two shooters including the…
I've got six passive positions across four sponsors, plus about a dozen sponsor relationships I want to keep warm for the next raise. Right now it's a spreadsheet, a folder tree,…
A useful scenario for anyone qualifying for a third live-in-then-rent property: two done, going for the third, and this is where the qualification math stops being theoretical. Pr…