live deals, numbers on the table
Permanent crop investing is a genuinely different discipline from residential real estate, and an operator coming from small multifamily should expect the water question to domina…
A private placement deck for a hotel fund is worth picking apart even for someone not writing a check. Value add, three assets, limited service in secondary markets, one repositio…
Take an acquisition program built around single family rentals in one midwest metro, target purchase price $160k to $200k, aiming for eight to twelve closings over a year, funded…
Under contract review on a freestanding 8,200 sf retail box in a midwest town of about 22,000, auto parts type user, national chain on the sign and the corporate entity on the lea…
A version of this lands on people constantly once they have been around a few years and own something, so it is worth working as a scenario. Someone has built a small portfolio ov…
Closed last week on a carry I've been building for two months and I already have a problem I didn't write into the note. The deal: 3/2, 1,450 square feet, full gut, sold at 312k.…
I'm three chapters into the pre-license material and the dual agency section reads like it was written by two people arguing. One page says the agent owes undivided loyalty to the…
I'm not buying my first rental through this, I'm reading their paperwork because a friend asked me to and now I can't stop. The service pitches out-of-area buyers. Terms: $2,500 o…
A clause worth reading twice in an RAL lease is one that requires the tenant operating company to maintain all licenses and approvals required for the permitted use, paired severa…
Consider a seller offering two adjoining buildings on separate tax parcels. The 9-unit is a 1974 walkup, six 2-bedrooms at 950 and three 1-bedrooms at 775, totaling 8,025 a month.…
I've got two rehabs finishing inside three weeks and I'm renegotiating my listing agreement with the brokerage I've used for the last five. They want 2.5 on the listing side plus…
A client of mine does interior work for a sponsor and passed me their offering deck because I asked too many questions on site. I am on the service side, so this is me trying to u…
A scenario worth working through, because the structure is everywhere right now. A PPM lands with about two weeks to fund or pass. 184 units, 1986 vintage, secondary southeast mar…
Take a county seat town, population about 6,800, one stoplight downtown that still has traffic. A two-story brick corner building, ground floor 3,600 sf split into a 1,200 sf insu…
Small town, two hours from anything, single-story L-shaped motel, 14 units, all with exterior doors onto the parking lot. Seller is 74 and wants out, asking $410k, says he'd take…
Site is entitled for 62 units, seller has held it three years and is done. They want it listed and they want a broker who understands development, which I am learning to be rather…
Reviewing a management agreement before an owner group signs is worth doing line by line. Facility profile: 480 units, roughly 52,000 net rentable square feet, small metro on the…
Take an investor asked to put money into a drone media operation as a minority position, building the model independently rather than accepting the sponsor's deck. Here is a versi…
Here is a scenario worth working through. 34 acres under contract at $2.35M, zoned for detached single family by right, so there is no rezone in front of anyone. The engineer's yi…
Numbers first. A 1950s duplex bought at 142k on a private loan with 155k of total draw, covering purchase plus the first rehab tranche. Rehab comes in at 48k against a 43k budget,…
One for every strategy in the guide. Each has its own discussion, live deals, outcomes and polls.
