live deals, numbers on the table
A useful scenario for anyone sourcing off-market: two leads surface from the same list pull, and there is only enough capital and attention for one. Lead A is a probate situation,…
Take a refinance across five small multifamily properties totaling 118 units in one metro, with a blended maturing rate of 4.1 percent and a new senior quote of 6.6 percent at 60…
@wendy_park48 five percent hard cost contingency is a number appropriate for a product type built twenty times in a row, not for a first pass through a 1980s office tower with a c…
Consider a twelve year, $2M allocation with two ways in. Option one is an open end core plus multifamily fund: 0.85 percent on NAV, no promote below a threshold rarely triggered,…
Here is a scenario worth working through. A capital raiser has co-invested with a sponsor twice and is asked to bring the LP equity on the next deal. 6.5m of equity total, 2.3m so…
I've had a 4.1 acre parcel on the edge of a small downtown since 2019, bought for the land at $310k. There's a 1974 light industrial building on it, 38,000 square feet, single sto…
Here is a scenario worth working through. Someone has spent five months reading about notes and understands the mechanics of a performing first lien in the abstract, without under…
A scenario that comes up for small service operators, worth working through with real numbers. Take a three person outfit doing turnover cleans and light handyman work for landlor…
Consider a small syndication, 12 units in a secondary market, $2.1M purchase, where the physical condition section of the diligence folder holds a single 900 dollar residential-st…
This is the fourth house I've turned around and the first one where I'm hesitating, so I'd rather ask plainly than pretend I've got it figured out. Bought at 152,000. Put 53,000 i…
A flex condo project aimed at boat and RV owners, car collectors, and small contractors, with larger owned units carrying power and water, sits in an unusual middle ground worth n…
Take an investor five years into a service business, finally sitting on 60k that is not reserve money. Skip the rental for now, tenants are a real learning curve, and public REITs…
Consider a co-invest structure on an upper-midscale hotel, 118 keys in a secondary market with a decent interstate and a hospital nearby. Purchase at 14.2 million, roughly 120k a…
Sitting on $400,000 earmarked for something with predictable cash behavior, and certificates keep coming back as the answer because the return is written into statute rather than…
Take an 11 door portfolio, average rent $1,200, $158,400 a year gross scheduled rent, with an owner used to self managing and evaluating three proposals. Normalizing all three aga…
Take an operator who sells rural parcels, mostly 5 to 40 acres across two counties, who has built a content workflow because nobody local shoots land properly. The workflow: a dro…
I've been running pipe for eleven years and I have never priced anything except my own work. An investor I've done rough-ins for asked me to bid the whole rehab on a 1,380 sq ft r…
@gregpowell66 a 14-unit value-add closing at $1.9m with $640k of LP money across eight people is a reasonable size to think this through carefully rather than default to whatever…
An operator with about 400 people in his paid community wants me to build and run the onboarding curriculum for new members. Terms as sent: $2,500 a month for 12 months, six modul…
A scenario that shows up constantly and is worth walking through. A 3 bed in a decent suburb, advertised as rent to own. The ad says the house is valued at $340,000, $10,000 down,…
One for every strategy in the guide. Each has its own discussion, live deals, outcomes and polls.
