every post in the forum, newest first
A double closer with enough cash to fund the first leg personally, who still uses a transactional funder on almost every deal, illustrates a tradeoff worth laying out rather than…
I had 120k to place and no interest in watching a ticker. The thing I wanted to know before committing was whether the sponsor's repurchase plan had ever been tested and what happ…
1960s ranch, bridge loan, rehab budget around 84k on the submitted scope. We opened the kitchen wall on day three and found knob and tube running to a subpanel that had been added…
Small strip retail center, five bays, one of them empty for as long as I've serviced the place. I was up top swapping a condenser fan motor and the owner came up the ladder to com…
Take an investor sitting on land sale proceeds, say roughly 240k net after costs, who is not replacing the parcel this cycle because entitlement timelines in the county have gotte…
I'm sorting through which parts of this industry I might actually want to be in, and non-traded REITs keep coming up as the passive option. What I don't understand is what I'm act…
The two claims are each half right, and the difference is timing and disbursement rules rather than where the money sits. In a true simultaneous close, where one escrow or title c…
I've got two transactional funding quotes on a double close scheduled for next Thursday and I can't separate them on price, so I'm trying to separate them on what happens when it…
Two written buyer's agent proposals for the same search are worth laying side by side. Agent A offers 2.4 percent of purchase price, roughly $11,040 on a $460k target, full servic…
A few deals in and I've always just let the commission happen without looking at it. Now that it's a negotiated number in my agreement I want to understand what I'm actually payin…
Take a capital provider with roughly $600k to place choosing between two term sheets on similarly sized checks with very different structures. Operator A: a 41 unit workforce apar…
Working through a first JV structure on a value-add deal. $4.5M of equity, my side $4M, operator $500k, 8% pref then 50/50. I asked for consent on sale, refinance, any new debt, t…
A useful exercise in underwriting a small rural multifamily deal: a 10-unit building priced by the seller off a stated NOI and cap rate, with real numbers reconstructed independen…
Working a 14-unit at 1.62M asking. My underwriting lands NOI at about 96k after a 5 percent management fee and 300 per unit per year in reserves, so roughly a 5.9 going-in cap. Ba…
Marking up an offering package for a passive data center position raises the obvious bubble question, and most answers stop at structural demand drivers without saying what an inv…
A useful way to compare a small facility and small multifamily is to have owners of each log a month and put the comparison side by side. A 118-unit facility, self-managed, comes…
The exit-flexibility argument runs like this: underwrite a full gut so the finished house also works as a rental at all-in basis, and a soft resale market can no longer force a fi…
Deal I'm modeling as a career changer, so tell me where I'm wrong. Tax card says 1,450 square feet. Tape says roughly 1,900, because at some point somebody finished a rear additio…
A pattern worth watching for in coaching programs: a flat fee option, say $4,000 for six months, alongside an alternative where the coach takes an equity stake, say 20 percent, in…
I signed up for a free 45 minute strategy call from someone whose videos I've been watching for a few months. Then the confirmation email came with a form. It wants my credit scor…
One for every strategy in the guide. Each has its own discussion, live deals, outcomes and polls.
