What changes at portfolio level once the recycle stops working?
I've been building this out slowly on purpose and the pattern is now clear enough to worry about. Each of the three houses left something like $22k to $28k behind after the cash-o…
All 132 real estate strategies.Every room answered.
Start with a RE category
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someone asked, the room worked it out
I've been building this out slowly on purpose and the pattern is now clear enough to worry about. Each of the three houses left something like $22k to $28k behind after the cash-o…
I've been reading loan documents rather than blog posts, which may be why I'm confused. The security instrument I looked at has a covenant saying the borrower will occupy the prop…
Rehab guy here, mostly I get called after someone else has locked a house up. But a seller found me directly through a mailer test I was running and I'm trying to do this one as a…
The advice everywhere is to underwrite a gut flip so you can pivot to a rental hold if resale softens. I tried to actually do it and it doesn't work on my deal. Numbers: purchase…
Looking at funding an operator who holds title on three houses where the underlying loans are all in the original sellers' names. On one of them the seller told him straight out s…
Numbers on the one I'm looking at. Lot is 180k, plan is 2,400 square feet, my best hard cost number is 165/sf so call it 396k. Soft costs I've penciled at 55k. That's 631k all-in…
Small-town deal, 6,200 sf single story office built in 1978, four tenants, asking $650k. Local bank says they'll look at it but they want a Phase I, a property condition assessmen…
A buy-and-hold client wants my small acquisitions team on a per-house fee, where he signs the purchase contract with the seller directly and we get paid for the finding and the ne…
Small multifamily person here, every unit has taught me something and this one is teaching me about my own budget. Contractor bids on the unit turn came back higher than I want to…
Working out whether double closing pencils at my deal size. Purchase 185k from seller, resale 199k to a landlord buyer who already knows the street. Spread is 14k. The funders I'v…
Working out the sequencing on paper before I commit to anything. Say I buy a house, live in it 24 months, sell, and the gain is around $180k. Single filer, so under the $250k cap,…
Ground-up on a small infill project, $3.2M total cost. Bank offer is 8.25% floating at 55% loan to cost, full recourse, and I'd be writing a $1.44M equity check. A debt fund offer…
Thin margins, fast deals, and I'm now hearing from a broker that dual agency claims are the ones that get agents sued and that carriers treat them differently. Is that a real thin…
The facility is 180 units on a paved lot, gate with a keypad, no manager on site. The seller told me he drives over twice a week, walks the rows, and the rest is done from his lap…
This keeps coming up as the thing you do when you have no marketing budget, and I've heard it from enough people that I want to know what it actually costs before I ever try it. F…
Two agents in my building asked if I'd take over their Instagram and I quoted nothing, because I genuinely don't know what this work goes for. One said her last person charged fou…
Someone forwarded me a private placement on a 132-unit active adult community. Sponsor is raising $9m of what the deck calls preferred equity, 8% pref, then a 70/30 split after a…
I'm pricing a conversion rather than buying a running home. 2,400 sf ranch, and I've got two sprinkler retrofit bids at $18k and $31k for the same scope, which already tells me I…
I've got a couple of small multifamily buildings held personally and an old employer 401k I can roll. The reasoning I keep landing on is that depreciation, cost segregation and 10…
I've been doing due diligence on a couple of storage sponsors and I can't get a straight answer on the entry point. One deck says $250k minimum, one says $1m, and a third told me…