Here is a clean case worth studying because the loss is small and easy to see all the way through. Say an investor holds about 18k in a broad REIT fund as the liquid sleeve of a p…
I've been calling around asking agents what marketing work they outsource, because I'm trying to figure out whether there's a service here I could learn. Four of the six I talked…
Fund minimums for opportunity zone vehicles are inconsistent across the market. Some funds set $250k and accredited investor only, others open at $50k, and the difference comes do…
Sitting on a 94-page LLC agreement plus a 130-page PPM for a fund raising into two current-map tracts, and section 7 has a cost allocation clause I haven't seen before in this sha…
I set up an account on one of the crowdfunding platforms to see what it actually looks like inside. There are two very different things offered and I can't tell what separates the…
This is a structural question worth taking seriously before funding a $25k offering with two layers between the investor and the property. A common structure: the investor subscri…
Here is a choice worth working through. Say a lender who works the next county over offers a piece of a note at 11 percent on a 1950s three bedroom in a town of about 4,000. First…
I spent six months researching, and my first real move was a conversion that never got permission to exist. The property: a 4,100 square foot 1920s house, six bedrooms, two baths,…
Nine LPs, $610,000 raised, small building. For the first three quarters I sent an email that said things are going well and here is your distribution amount. That was it, maybe fi…
Started this ten months ago out of frustration. I'd get dispo blasts with a repair number and no line items and I could tell from the photos it was wrong by 15k. So I asked one wh…
Take an owner who gets a $1,400 CPA bill in February for what the invoice calls cleanup, and wants to understand what that money bought before it happens again. The setup worth st…
Take a landlord client with four doors and a full tear-off and replacement on one property, invoice reading remove existing shingles, replace decking as needed, install new roof,…
Under contract at 189k on a house with a kitchen fire in the back half, structure is fine, the smoke is not. Builder buyer at 231k, cash, wants it in ten days. I'm not touching th…
I do renovations normally so I'm used to carrying builder's risk from the day I close. Someone in my local group said on a double close you don't need any insurance because you ow…
Met a wholesaler at a local meetup while I'm finishing up my licensing coursework. He has a duplex under contract and said he's slow on the buyer side, so if I bring the buyer he'…
Buying tenanted rentals rather than fixing anything up is a common path to income that doesn't turn into a second job. A frequent entry point is a service that emails deals to a b…
Story
I've been at this maybe four months and mostly I go to open houses to hear people talk. There was a lender guy at the table with a bowl of candy and a stack of business cards nobo…
A borrower I have known for a while asked me to look at a 40 acre parcel on the edge of a growing exurb, split zoned, no utilities to the line, and he wants a 12 month loan to car…
Take a seller-financed 1970s three bedroom in a secondary midwest market, sold 18 months prior at 168k, 5 percent down, the seller carrying 159.6k at 7.5 percent, 30 year amortiza…
The idea that a buyer who stops paying simply means the seller takes the house back is far too simple. Take a duplex carried on a note with the buyer putting 12 percent down. On d…