every post in the forum, newest first
Take an LP allocation in a 148 bed purpose-built student housing property about half a mile from a mid-size public flagship. A sponsor showing 96 percent pre-lease for the coming…
Take a 4 bed 2 bath ranch in a first ring suburb, bought at 310k with 25 percent down. The reason that particular house gets chosen is an operator met at a local investor meetup w…
Take a 44 unit assisted living facility with blended rates in the mid four thousands, T12 revenue in the low millions, and EBITDAR after a 5 percent base management fee. If that b…
A friend runs the food side at a u-pick orchard about an hour out and she was short people for the first big October weekend, so I said yes because I'm trying to figure out where…
Consider a small management shop with signed agreements on three buildings, 22, 34 and 41 units, all in the same submarket about twelve minutes apart. Fees come to roughly 9,100 a…
When comparing a monthly retainer to an hourly rate for a real estate consultant, the confusion usually comes from the retainer not being priced in hours at all. A retainer descri…
I've been at this a year with nothing bought. Two weeks ago I sent a consultant a small multi I'm looking at, 4 units, $180k asking, self managed by an owner who's 78 and hasn't r…
A common structure on these platforms is a target hold of five years with one or two one year extensions at the sponsor's sole option, which in practice means the real commitment…
Three and a half years into what was sold as a 24 month entitlement play, and there is a capital call notice sitting on my desk. Deal shape: 140 acres of raw ground on the growth…
Take a case worth studying: 12 acres closing at $84,000, seller carried. Terms like $16,800 down, $67,200 at 5.5 percent interest only, monthly payments of $308, balloon at year s…
For passive OZ capital, the choice between a single-asset QOF and a diversified fund comes down to what can actually be underwritten with confidence. A single-asset fund means one…
I've got money set aside for a first small multifamily and I've now interviewed two agents who both call themselves investor focused. The first one brought me three properties tha…
Working a house where the numbers are: $412k balance at 3.125%, PITI $2,190, market rent $2,450, seller wants $45k for her equity and would carry $30k of it, value around $520k. E…
Consider a subject-to opportunity that arrives through a personal referral rather than active sourcing, which is a common way these deals first appear to someone new to the strate…
First rental going on the market in a few weeks and I got ahead of myself on the marketing. Here is what it cost me. I booked an aerial package for $450 off an ad that showed nice…
The Part 107 certificate is held by the individual pilot who passed the knowledge test, not by the company. There is no company level certification the business registers before i…
There are two reasonable positions on this and the right answer depends heavily on how much underwriting experience the buyer already has. The case for a specialist is that they e…
This started as a flip. 1940s farmhouse, decent bones, 168k in at auction, and I figured 60k of work and out at 310. The listing said "12+ acres" and I read that as land, which ar…
Pulled 800 absentee owner records in a metro about 1,200 miles from me, single family, 15 plus years of ownership, out of state mailing address. Trace ran $0.12 a record so $96 al…
Virtual wholesaling gets pitched as income without a second job, no property to manage and no tenants, often packaged as a $97 a month data subscription, a phone, and the ability…
One for every strategy in the guide. Each has its own discussion, live deals, outcomes and polls.
