Reading two proposals side by side. One says 6,000 dials a month. The other says 4 percent contact rate and doesn't mention dials at all. I've been mostly reading about notes and…
I've got a $1.4M long-term gain from a business sale and I'm looking at two QOFs. One is single-asset, ground-up multifamily, and the sponsor is openly modeling a year 6 or year 7…
Spreadsheets don't scare me, but I've never managed construction and I don't know what tooling the heavy renovation people pay for. I see ads for project management platforms aime…
I'm trying to get the vocabulary straight before I put money into a first loan. Everyone writes rates like "11 and 2," and I understand the 11 is annual interest. The 2 is points,…
Working through a timing problem and the math isn't clean. I have a gain that would need to go in during 2026 under the current 180 day rules, and the current zone designations ru…
I've got a duplex under contract and a property manager telling me the housing authority inspection is "free and pretty easy." That doesn't square with a landlord I talked to who…
I'm looking at a place where the listing says duplex, two units, separate entrances. The county assessor page calls it a single family residence with an accessory apartment. When…
A photographer I know through an agent I've worked with is looking for money to buy a second 3D capture camera plus a laptop, call it $6,000 to $7,000, and pay it back out of shoo…
Property management is my day job, so I know what it costs to run software for a small operation. Somebody in a wholesaler group invited me in and said the four of them split one…
Reading through the definitions and it feels like two different things got filed under one name. Buying a fourplex with FHA money and occupying a unit is a financing structure wit…
My first rental is close and I've been building out my screening process, criteria in writing, same questions for everyone, documented reasons for every decision. Someone in anoth…
Small multifamily is where I actually want to end up, so the plan was to run the live-in-then-rent chain through 2 to 4 unit buildings instead of houses. One building a year, live…
Everything I read about timberland is written for people buying 20,000 acres. I'm at the other end. What's the realistic smallest way in, and what are the ongoing costs nobody lis…
12-unit value-add. Total cost $2.6M, senior bridge $2.1M, sponsor equity $250k, my gap piece $250k. Projected 18 months to stabilization, exit is a sale with a projected profit ar…
Got an OM for a 110-key limited service hotel. Price is 9.9m, and then near the back there's a line that says "PIP est. 4.2m" with no backup at all. When I asked the broker about…
Trying to figure out where the money goes in a deal and I keep landing on the buyer's agent line. If the buyer already knows the market, already has a rehab number from a contract…
First purchase, probably a small rental rather than a house to live in. I've got calls booked with three agents and I realized I have no idea what separates a good one from a bad…
I'm reading the lease on a 2,400 sf drive-thru restaurant box, 12 years remaining, 10% bumps every five years, asking price puts it around a 6.4% cap. The offering memo says "abso…
I've got 18 LPs across two deals and I'm running the whole thing on a spreadsheet plus mail merge for distribution notices. It works until it doesn't. Last cycle I sent one invest…
I said yes on the call like I knew, then googled it after. I think it just means what kind of property I want? But every example I find online is a spreadsheet with a dozen rows a…