every post in the forum, newest first
A retailer with eight years of term remaining stops operating out of the location, locks the doors, and mails the rent on time every month. The lease is intact, the guaranty is in…
The numbers in this case are worth walking through. A $2,000,000 preferred equity piece at 14 percent annualized, with a pref return accruing daily, was projected to be redeemed a…
I've been doing acquisition sourcing work for a repeat client in the East Valley and I kept waiting until I had a solid buyer relationship to draft anything formal. That worked fi…
Take a rental running $340 a month underwater: mortgage payment of $1,480, rents at $1,140, tenant on a month-to-month lease, landlord absorbing the gap out of pocket for eight mo…
My note mentor dropped that on me Tuesday and I am still turning it over. We were looking at a 14-acre raw parcel in Bastrop County, seller wants $62,000, no improvements, sitting…
A case worth sitting with: a tenant-buyer hands over $4,000 at signing as option consideration on a $280,000 house with a 24-month term. The seller treats that $4,000 as income th…
I am trying to figure this out because I have a 47 acre parcel I am looking at about two hours from me and the seller is saying part of the value is standing timber, maybe 18 to 2…
An ARV is a bracketed estimate built from comps that were already stale the day they closed, adjusted for a condition the appraiser has not seen, in a market that may have moved b…
So the funder's instructions say all funds have to be wired back to them before the B-to-C disbursement happens, but my purchase contract with the end buyer says disbursement is s…
He was looking at a 38 site park I passed along to him just to get a second set of eyes, nothing I was seriously pursuing. Revenue was around 210k gross, almost all of it June thr…
The listing agent ordered a standard package, flyover plus approach footage, around $380, standard for the market. The building shot well. What the footage also captured, without…
A 650-square-foot one-bed listed at 289k, highway visible and audible from the main living window, is a case worth studying. The stager quoted 2,200 and argued that full furniture…
Underwriting a four-over-two in Cumberland County right now and my lender keeps shifting on me. Below 50% commercial they said residential terms apply, then the appraiser came bac…
A bank selling occupied REO typically writes the addendum so that clearing the occupant is the buyer's problem from the moment the deed records. The clause looks like a disclosure…
A case worth studying: a builder projected five months from permit to CO on a 380k spec home, carrying a construction loan at 10.5 percent interest-only on draws averaging 285k ov…
$2,400 a month. That's what a decent second-floor unit in a Hartford two-family rents for right now, and I keep circling back to it every time someone asks me whether a condo make…
A case worth studying: a rural parcel, 4.2 acres, tax certificate purchased at auction for $3,100 representing two years of delinquency at a 7 percent statutory rate. The county t…
A listing gets professional stills and a walkthrough video. The stills go on MLS, Zillow, Redfin. The video goes on Instagram, maybe a YouTube link in the remarks. I genuinely do…
A case worth studying: contract price 485,000, 30-day escrow, inspection contingency releasing on day 10. Buyer's agent sent the signed repair amendment on day 11 at 6 p.m. Seller…
A qualified opportunity fund has to hold at least 90 percent of its assets in qualified opportunity zone property, measured on the last day of the first six-month period and on th…
One for every strategy in the guide. Each has its own discussion, live deals, outcomes and polls.
