someone asked, the room worked it out
That phrase has done real work in killing deals. A restriction that runs with the land does not become informational because the title company calls it that, and a title policy wi…
A 90-unit independent living community had been offering a monthly meal credit since opening, 180 dollars per resident applied against a dining program that cost the property 340…
The challenge is that the rental is a lifestyle before it is a floor plan, and a single hero shot of a shared kitchen does not tell a prospective tenant anything about what living…
I have been looking at waterfall structures where the sponsor takes an asset management fee, a construction management fee, and sometimes a development fee, all of which sit senio…
Asking because I've seen two different structures on deals in my market and they're not the same thing even though people use the same language. One arrangement I looked at had th…
A parcel I am looking at right now carries a recorded public road along the western boundary, dedicated in a 1991 subdivision plat that was never built out. The county accepted th…
I inherited a duplex in Ohio in February and I still have two tenants I have never met. I also have a cabin in Sevier County that grossed 41k last year and somehow still lost mone…
This comes up more than closers admit. A double close depends on sequential recording, A to B before B to C, and in a simultaneous session that sequence is a coordination job, not…
Got a 12-acre parcel in Baldwin County I'm trying to split and sell as separate lots. Once I get my license I want to handle this myself, but one of the lots might fall into a dif…
The question comes up because some counties post recorded instruments online within hours, and a 15k spread that looked private at the table is searchable by the end buyer's agent…
I had a vendor clear a house in High Point last month and they snapped a cast iron radiator getting it out, said it was already cracked. I know what I saw before they started. Won…
I work escrow so I see the paperwork after the fight is already over, and I had a file cross my desk last quarter where exactly this happened. Landlord signed a lease with a tenan…
I have been circling a $6,500 program for about three weeks. The instructor has a clean track record, buys mostly multifamily in the Southeast, no bad deals on record anywhere I c…
A deal worth studying: a 72-unit value-add acquisition, $4.2M equity raise, 8 percent cumulative pref, 75/25 split above that, projected 18 percent IRR on a five-year hold. The nu…
The standard by-the-bed structure on a purpose-built deal gives each tenant a separate lease and, ideally, a separate parental guarantee. The problem that rarely gets stress-teste…
Looking at a possible participation in a small split outside Flagstaff, six lots, and when I ran the numbers on the hold period the carrying costs came out to roughly $38k against…
I run escrow on conventional deals all day and I have never closed a wrap where the underlying was adjustable, so I genuinely do not know how this works in practice. If the seller…
Working through a potential deal right now, a 12-unit in Columbus, $1.1M purchase, operator wants to structure it with a 70/30 equity split in his favor after a 10% preferred retu…
Trying to figure out how much of the hazard history is sitting in CLUE reports on these parcels, since most of what I see is vacant or distressed. County records don't show a clai…
Sponsor sold me on a 10-year NNN to a single hyperscaler and I kept nodding like that was the story. Took me until the third call to figure out the real upside was the 38-acre lan…
One for every strategy in the guide. Each has its own discussion, live deals, outcomes and polls.
