I've now heard both pitches from consultants on this, and I'm the one who'd be paying for it, so I want to hear how the people who build these things actually decide. First consul…
48k had been sitting in a money market since I closed an old business account, and I wanted it in REITs without doing the thing where I dump it all in on the day I feel confident.…
I've been running short-duration debt notes across three platforms for about two years. 85k deployed, average stated rate 9.4%, average term at origination 9 months. On paper that…
Trying to figure out what the first deal costs me and now I'm trying to figure out what joining a network costs too. I've seen a free Discord, a group charging 97 a month, and one…
I'm supposed to be closing on my first rental next month, a boring 3/1 I'm buying with a normal mortgage, and I got on a few wholesaler lists during the search because everyone sa…
An owner I've known for a while wants to sell me 40 percent of her agency and step back over three years. She gave me two years of numbers and I've been staring at them for a week…
Looking at participating in a bridge position on a facility that opened in late 2023. 62,000 rentable square feet, currently 61 percent physical occupancy, targeting stabilization…
55,000 rentable square feet, 480 units, asking $4.9M. Trailing twelve NOI is $348k, so 7.1% on the ask, and the broker is running his pro forma to a 8.4% year-three yield entirely…
I've been carrying the convergence thesis around for a few months and I realized I've never actually specified how it resolves. There are at least three paths and they are not the…
My plan was a duplex. Then my agent sent me a 7-unit at 585k and I've been staring at it for a week. The rent roll the listing agent typed up shows 5,320 a month. Three units have…
Trying to decide whether the office uptick people are pointing at is something a service business should build around, and the answer depends entirely on what's driving it. The fo…
I have calls booked with two sponsors next week and I've been told by everyone that the first call is mostly them talking. So I want one question I ask early that actually changes…
Still finishing my licensing coursework, so I can't represent anyone yet, but a friend has asked me to look at a house he wants to flip and tell him what it'll sell for after. He'…
I've been learning how private money moves and I want to understand the operator side before I ever fund anyone. If someone told me they were doing their first cosmetic flip, what…
Numbers first. $75k into a 212-unit 1990s build in a sunbelt market, funded June 2022. 8% pref cumulative, 70/30 to a 14% IRR hurdle. Projected 1.9x over five years. Monthly distr…
I've got about $90,000 sitting in an old 401k from my construction years and I moved it into a self-directed IRA to look at LP positions. The custodian says they'll sign the subsc…
Still no deals. What I've been doing instead is building the paper so that when a seller does say yes I'm not improvising. Where I've landed so far. Purchase agreement with the se…
I've bought two rentals from wholesalers so I've seen this from the other side, but I'm now looking at whether I could do an assignment myself on a house I can't finance. Where I'…
62 sites, full hookup, near a national forest entrance. June through mid September we're effectively full at $58 a night. April, May and October run about 22% occupancy, and the f…
Under contract at 1.35M on a 42 site park in a lake town, about 25 minutes off a state highway. Mix is 18 full hookup pull throughs, 12 water and electric only, 12 tent sites, plu…