every post in the forum, newest first
This is a small case and the least exciting kind there is, which is why it is worth studying. Just land, with no house and no tenants on it. A regional bank ends up owning about 9…
The thesis behind most large multifamily pitches right now is straightforward. Apartment values reset, supply falls off, rents firm up somewhere around 2027, and whoever bought at…
Sponsor had 140 LP entities and every quarter the distribution run produced returned ACH payments. Q1 was 16 failures out of 141 payments, so 11%. Each failure cost roughly 25 min…
I'm getting ready to put money to work on this side rather than owning buildings, and there's a fork in the road I can't reason my way past. One school says the borrower is the lo…
Take a package on a four-plex where the listing sheet shows $3,400 a month gross, but the actual leases add up to $3,050, and one of the four units is month-to-month with no writt…
After a long agent search, a buyer of rental property can land on two finalists and a question that is not obvious how to weigh. Agent A: eleven years, works almost entirely with…
I've got a side by side duplex with long-term tenants in both halves. One lease ends soon and the nightly comps in that pocket are strong enough that I want to try it on that unit…
Take a residential cleaning operation built around recurring biweekly homes and move-outs, approached by nightly rental owners wanting same-day turns, Saturday and Sunday heavy, c…
Six months of neighborhood-level research often turns up a spreadsheet full of properties, and a pattern worth noticing: every corporate furnished listing found in most metros clu…
Consider a 2 bed unit with two paths in front of it. Unfurnished market rent runs about 2,150. Furnished corporate direct could hold 3,400 a month with utilities and internet incl…
My first rental closes in a few months and I've been reading outside that lane to figure out where the rest of the money eventually goes. Timberland comes up constantly as the thi…
A useful exercise: run the numbers on a 22 planted acre established vineyard block, seller asking 41,000 an acre all in for land, vines, trellis, and a shared well interest, call…
Fourplex under review, mid seventies build, 585k ask, four two-beds at 1,150. My reserve line is the only number in the model I can't defend to myself. The percent-of-gross approa…
I've got about $600k to place and I'm stuck between two shapes. Three fourplexes at roughly $550k each, 25% down, investor residential terms. Or one twelve-unit at around $1.6m on…
I proposed this in March expecting to be laughed at. The agent I liked was pricing at 2.5 flat, and about half of what I was looking at was coming out of my own scraping of assess…
Still working out where I fit in this industry, and I keep landing back on buyer representation because the work sounds like something I'd be decent at. Then I read the outlook he…
Consider someone who forms an LLC, opens a business checking account, subscribes to accounting software on an annual plan, adds a receipt capture app, adds a property management a…
In a recap where a sponsor offers a choice of where preferred equity sits, the decision usually comes down to two structures worth weighing against each other directly. Option one…
Consider an offering package on a permanent-crop deal, roughly 300 planted acres of nuts in a hot inland valley, where the detail that reorders the whole analysis is one page in t…
Comparing four preferred equity structures for a fund allocation surfaces a real tension: the protections trade against each other, and nobody gets all of them at a price that cle…
One for every strategy in the guide. Each has its own discussion, live deals, outcomes and polls.
