someone asked, the room worked it out
Most capital decks I read still anchor the insurance line to trailing actuals from the seller, sometimes two years old, sometimes older. That made sense when premiums were predict…
A deal worth studying: a 22-unit retail strip, fully occupied, $18,400 per month gross, and a rent roll that shows six leases month-to-month and four more expiring in four to five…
Same subdivision, same bed count, about 400 feet apart. I walked his place exactly once and understood immediately, he had done nothing special to the house itself but every photo…
Got a voicemail in April from a woman named Courtney who said she was calling on behalf of a "local buying group" about my duplex in Lorain County. I had not listed it, had not ta…
Say a fourplex carries four occupied units, all paying, all on leases, and the owner calls it stabilized. The lender may agree on occupancy but still haircut two of those four uni…
A deal worth studying: a 400-unit facility built in 2019 with 60 percent climate-controlled units underwrote a $18 per square foot premium over drive-up, based on three years of p…
Bought a two-bed in Northside in late 2023, listed it in January 2024. Average nightly rate has been $112, occupancy running around 68 percent, so roughly $2,300 gross most months…
Asking because I have a note right now where the sponsor skipped Q3 and Q4 distributions and the PPM language says "cumulative preferred return" but does not specify whether the a…
I always heard you vet the contractor, not the other way around. Three conversations in the last month changed that. A flipper I know handed keys on a $58k scope in Berwyn in Sept…
So he has a Dallas deal he's syndicating informally, two other guys already in, and he asked if I want to put in $15k alongside them. Not through a fund structure, just a written…
Four townhomes under construction right now in Burleson and I am already getting DMs asking how I structure the builds, how I find the zoning pockets, how I handle the financing w…
Picked up a 14-pad community outside Ardmore two years ago as part of the Oklahoma land habit bleeding into something more operational. Eleven of those pads have park-owned homes…
I finally stopped doing that this year. We have nine units across Cleveland and every fall I was reacting, meaning I was pulling leaves out of gutters after the first freeze had a…
A market with a large teaching hospital or a military installation is easy to picture: traveling nurses, contractors, TDY personnel, and the demand case writes itself. What I am l…
I did two rounds of mailers before I realized I'd spent $800 and talked to nobody who actually owned a motivated problem. Curious whether relationships or door knocking or just be…
Asking because I'm looking at a property in the Maryvale area, eight rooms, owner calls it a rooming house but the city license says six, the rent roll says eight, and the floor p…
Distributable earnings, or sometimes called core earnings depending on the filing, is the number that tells you whether the dividend is covered, and several agency mREITs report G…
A controller at a mid-market operator said something to me last week that I have been turning over since: most buyers model the current assessed value forward with a modest annual…
A sponsor I was looking at recently had a conversion under contract, city overlay in place, feasibility done, and a pro forma that closed cleanly. Then the building department iss…
Transaction coordination is a good test case for VA economics because the output is measurable: a file either closes on time or it does not, and every missed deadline has a cost y…
One for every strategy in the guide. Each has its own discussion, live deals, outcomes and polls.
