The T-bill math is simple. Park 80k, collect about 4,200 over six months, roll it, done. No book value risk, no dividend cut risk, no spread compression story to follow. The Annal…
I manage leasing and turnovers across about 900 units so my weeks are not predictable. I have been sitting on this idea of scraping notice-to-vacate filings in two or three counti…
Here is a decision worth working through as a scenario. Say a flipper has 187k sitting in a money market at 4.9 percent, so the opportunity cost of deploying it over 90 days is ro…
I'm the seller on a 3 bed 1 bath in a working class pocket of a mid size midwest market. Appraised style value around 240k, contract at 240k. Buyer is self employed, two years of…
An advisor's line worth sitting with: if you are buying a private REIT, you are buying a story. Take an investor who owns a few residential units in Wrocław outright, no debt, and…
Here is a scenario worth working through, because the income strategy changes how the unit gets built. Take a 680 square foot detached cottage in outer Southeast Portland, project…
Spent $600 on a videographer for three properties in Q1, posted the walkthroughs to Facebook Marketplace and a local rentals group, two inquiries came in within five days and I th…
Picture an investor with a couple of duplexes who stays far away from anything that could drag them into a legal mess they did not create. These networks get pitched to that perso…
Looking at a 54-key select service in a mid-size market, and the franchise royalty runs about 5% of room revenue. Operator is pitching the brand as rate protection when occupancy…
This is one that genuinely lacks a clean answer. Say a sponsor closes a 32-unit deal in Q1, the LLC is formed and capital is deployed. Then the next deal does not come together un…
The tenants have been there six years, pay $1,140 a month combined, and the lease renews in March. I had an agent walk through in September and she said I could get $1,380 if I re…
Consider a passive LP who owns a quarter of a multifamily building in Columbus and has never set foot in it, which means relying heavily on what people say. The operating partner…
I don't have an end buyer yet. That's the whole thing I'm sitting with right now. Found a property in Akron, seller under contract at 74k, I have what looks like a 94k end buyer r…
Say a seller has a condo that will list at maybe 289k, and the stager will not start until the seller commits to a minimum 8 week term at 2,240. Is that a normal structure, or is…
Happened two months ago, March 2025, and the ordinance created this middle tier between the single-family 6-bed limit and the full commercial AL threshold. I've been buying sites…
Sitting on a 2021 vintage fund, $8.2M committed, 14 LPs, and the GP has deployed about 60% into three assets in the Tampa market. Two of them are fine. The third one is a 48-unit…
A common observation from investors who pay bird dogs consistently is that the ones who last know which sellers are ready to talk before the seller knows it themselves. Practicall…
Rehabbing door 8 right now and my GC handed me his standard agreement at the start of demo. His template, his terms. I signed it without thinking but now I'm wondering if that doc…
The answer keeps moving depending on what you assume the final sale price is, which is most of the lesson in this comparison. Deal A is a 48-unit in Huntsville, $50k minimum, 7 pe…
A lender's counsel will sometimes put it this way: you are pricing the exit before you have priced the cost of being wrong. Take a first BRRRR in Akron where the whole structure a…