it finished, here is how it went
This is a drafting failure worth studying, because it happens to people who write the lease first and read the program documents second. Take an owner papering the lease on a vouc…
Closed last month on a small facility I bought in 2017 as a diversification off the land holdings. 190 units, about 21,000 rentable square feet, half-hour outside a mid-sized metr…
Consider a private first lien loan on 320 acres of cropland, made by a lender rather than an owner-operator. The borrower already farmed 640 acres and was buying an adjoining 80 a…
Say a package of two small rental houses sells for 465k. Buyer puts 10% down, 46,500. Seller carries 418,500 interest only at 7.25%, 2,528 a month, balloon at month 24. The whole…
Put $12k into a non-traded pooled real estate vehicle on a platform two and a half years ago. Set it and forgot it, exactly as intended, while I saved for a rental down payment. T…
A common structure in wholesale networks is the referral-only seat: hand over sellers, take a percentage cut, never touch the paperwork. It reads as close to hands-off income as t…
Small midwest city, 1970s brick six unit, all occupied, seller was an estate winding down. I had it at 214,000 and resold to a local operator at 249,000. Took title and held it se…
Here is a case worth studying for anyone on a second or third conversion. A 1978 split level, 1,640 square feet, bought at 268,000 with 5 percent down as an owner occupant, rate 6…
The rent roll said 91 percent physical. The bank statements said something else. Seller had owned it 22 years, hadn't touched rents since roughly 2016 on maybe a third of the tena…
I had $60k and a sponsor I liked with a $50k minimum. Almost put the whole thing in one deal. Instead I asked both that sponsor and a second one whether they'd take $30k. Both sai…
Consider a JV capital provider stepping into a deal that is not theirs to run. An operator with a decent track record in flex industrial brings 34,000 square feet in a tertiary ma…
Ran a one day workshop for people coming out of the trades who want to start buying. Four seats at $400, so $1,600 collected, $180 for the room and $60 on coffee and printing. My…
A common failure point in live-in-then-rent strategies shows up not in the numbers of property one but in qualifying for property two. Take a first property bought at $268k, 3.5 p…
One for every strategy in the guide. Each has its own discussion, live deals, outcomes and polls.
