every post in the forum, newest first
Looking at a 68,000 sf grocery-anchored center. Grocer occupies 45,000 sf at $9.25/sf NNN with six years remaining, then four five-year options at a flat $10.00/sf. Inline space i…
Here is a scenario the room can work through, because the sweat equity question and the anchor rollover question collide inside it. The structure as pitched. An operator who has d…
There is a listing worth following for what its marketing did while it sat. It went live in March with fourteen photos that were clearly shot in bad weather. Flat gray sky, standi…
A sponsor I follow is raising a preferred equity tranche on a 90-unit deal and the minimum is $250,000. Then I read a piece that said retail investors get into pref for $50,000 or…
Two live pref term sheets on comparable assets are worth laying side by side to see how the math actually behaves. Say both are $1.5M checks into recapitalizations of suburban mul…
A wholesaler I follow said the whole CRM thing is oversold and he ran his first two years off a spreadsheet with a reminder column. Then in the next post he said hiring someone to…
First rental closes in five weeks, a 1970s three bed in a decent school zone. I've spent more time on screening than on the purchase and I've written criteria I'm happy with: inco…
The first rental is still four months out and I've been filling the wait by working a small pre-foreclosure and code-violation list in one township, partly to learn the market I'm…
My scope keeps eating my margin on the renovation work, and now I'm looking at whether feeding leads to other buyers is worth my evenings. What I can't find is a straight number f…
Heavy rehab, 1920s four square split into three units, all-in budget $1.1 million with $780,000 of it eventually drawn. Bridge loan through a broker at 65 percent of total cost, r…
Take an agent running a $800 a month email retainer for six months, one email a week to a list of 2,340 names built from four years of listing inquiries plus a local investor meet…
Worth studying as a case: a nine-facility rural self-storage aggregation vehicle, populations 8,000 to 30,000, average purchase price around $1.4M per facility. Total raise $6.2M…
My gain is a capital gain reported on a K-1 from a partnership that sold an asset. My CPA mentioned there may be more than one possible start date for my 180 days when the gain co…
Someone I met through a local builders group is raising a small opportunity zone fund and asked if I'd help "make introductions" to people who might have capital gains. He mention…
I have one rental closing soon and I have been reading way outside my level, which is probably the problem. What I picked up: there's a huge glut of old office buildings, some are…
Here is a live situation worth working through. Say an operator is under contract on a 30,000 square foot former grocery anchor in a tired strip center in a small city, at $1.1M.…
Anyone managing other people's rentals hears the same sentence constantly: some version of "I'm done, I don't want to do this anymore." That sentence is a lead source most manager…
I've got $50k set aside that I'm willing to have locked up for five years, and I've been reading LP deals for about four months. The minimum on most of what I see is $50k, so one…
On residential wholesale deals the assignment fee is almost always a flat dollar figure, commonly in the 10k to 15k range. On commercial deals the fee is sometimes structured as a…
Commercial purchase agreements read differently from residential ones, and an assignment clause is a common place that shows up. Take a small industrial flex building, 14,000 feet…
One for every strategy in the guide. Each has its own discussion, live deals, outcomes and polls.
