every post in the forum, newest first
I have the parking lot under a non-exclusive arrangement right now and I am trying to figure out what I am actually entitled to ask for before I sign something more binding. The l…
I've been picking apart this exact question for about three months because I want to use a VA loan on a fourplex eventually and I also want to keep the business side clean from da…
Trying to learn the structure on a deal I passed on last month, a 62-unit in Rockford that stalled at about 40 percent of its $3.2M equity target before the sponsor pulled it. The…
An agency mREIT trading at 0.87x book gets called cheap in almost every screen I see, and the discount is real, but the question it does not answer is whether the book value itsel…
She said it offhand, not as a fight, just while we were talking about the Dayton STR and what I should do with cash if I decide to wind it down. I mentioned I had been putting som…
Most medical leases I study either omit percentage rent entirely or include a boilerplate clause written for retail, and the collision between the two is where the problem lives.…
A surface lot near a medical campus used to be the easiest underwrite in parking. Captive demand, predictable monthly contracts, low turnover, and a building that costs nothing to…
I used the cabin in Barnegat Township for eleven personal days in March and another four in October. Total rental nights for the year came to 61. That ratio, 15 personal to 61 ren…
A cleared infill lot in a settled neighborhood carries a number that looks like a comp but works like a trap. The houses around it set the ceiling on what a finished spec can sell…
I have a Bradford, Pennsylvania duplex under contract at 52k, ARV around 85k, and I locked it up myself off a Facebook Marketplace post from a landlord who'd been trying to sell i…
A lease with four years left on a suburban building looks stable until you ask what that tenant pays relative to current market. If they are 15 percent below market, renewal proba…
I've been building a list of cash buyers and came across two that operate differently. One pays all cash, closes in ten days, no contingencies. The other uses a private lender and…
Three weeks into the workout and now we're sitting on a phase one that flagged perc contamination two lots over, maybe migrating, nobody knows. The prior owner of the note did not…
A sponsor I follow closely held 47 LPs through a refinancing that failed to close on schedule, and the original five-year hold stretched toward seven with no clear exit in sight.…
A shorter term, say two or three years, keeps optionality alive but the operator prices that in through a lower guaranteed rent, because they need to amortize their setup costs ov…
The lender sets the opening bid, usually at the outstanding loan balance plus fees and costs, and that number has nothing to do with market value. In a market where values have dr…
The structure was 10 percent current pay, no accrual, hard redemption at month 24, and a removal right that actually had teeth because the senior was a regional bank willing to co…
Trying to figure this out because I have $58k sitting in an SDIRA and a sponsor I've worked with before is offering LP interests in a 72-unit value-add in Tucson. The IRA would ow…
Someone told me this week that they price performing notes almost entirely off the pay history, and I have been thinking about it since. Twelve months clean, maybe twenty-four, an…
That number came out of a 9-room house in Garland, all shared baths, no meals, no services, just rooms. I track it per door because the square footage comparison is meaningless on…
One for every strategy in the guide. Each has its own discussion, live deals, outcomes and polls.
