Consider a small park in a county of roughly 9,000 people, two hours from any major market. Eighteen lots, fifteen occupied, all homes owned by residents rather than the park. Lot…
Looking at a listing that says "48 lots, 41 TOH, 7 POH, city water and sewer, lot rent $310." I worked out TOH is probably tenant owned home but I'm guessing. POH I have no idea.…
These three terms get used interchangeably and they are not the same number. Fair market rent, published by HUD for a market area, is a benchmark the housing authority uses to set…
3 bed 1 bath in a small town, $118,000, roof has maybe three or four years left. At the walkthrough the seller mentioned the tenant has a Housing Choice Voucher, has been there fo…
A common pattern with new investors is spending on the system before there is anything flowing through it. Take an investor who pays 2,150 for a consultant to build an investor CR…
Consider a 12 unit 1970s brick walk-up in a small city, offered to an operator through a service relationship, owner in his 70s with no interest in further maintenance, offering a…
A question that comes up often in rent-to-own structures: if the tenant buyer is responsible for repairs under the agreement and holds an option on the eventual purchase, why woul…
Two things crossed my desk in the same submarket and they're basically opposite ends of the same building type, so I want to hear where the room lands. Option one is the fee inter…
Take a 200,000 dollar commitment made in 2022 to a storage fund pitched as 70 percent stabilized acquisitions and 30 percent ground-up development. The stabilized side performs ab…
The mechanics of an appraisal gap closed with bridge financing are worth walking through with real numbers, because they explain the kind of thing a lot of new investors ask about…
Consider an owner running a handful of small multifamily units where the rent covers the debt with room to spare, so the question of where the surplus goes comes up every quarter.…
A sponsor deck on a 96-key exterior corridor hotel shows total revenue of 3.4m and gross operating profit of 2.11m, a 62% GOP margin. A well-run limited-service property typically…
Take two hotel deals in the same secondary metro, both offered as co-invest positions alongside a sponsor. Deal A, extended stay, 118 keys, built 2016, no PIP required for four ye…
Take a book of 14 equity deals across three crowdfunding platforms, with target IRRs ranging 11 to 16 percent, where the realized and marked blend comes in around 8. Nothing has g…
I've got 40k in cash set aside for crowdfunded real estate and I've been circling it for about six weeks. Two candidates on my list. Platform A is a pooled fund, roughly 1% annual…
Say an investor puts 25k into a small lien fund and it returns 26.9k after fees fourteen months later. That is about 6.5% annualized, less than quoted certificate rates and worth…
Two things I've read don't fit together. One says you can buy a tax lien for as little as $200, which makes it sound like the most accessible thing in real estate. The other descr…
Pricing a furnished unit for the corporate market, a two bedroom, and the part that's genuinely hard to decide is utilities. Most corporate listings say all inclusive. A comparabl…
Take a small aerial operation bought as a passive stake, not something the owner runs day to day. The revenue mix is where most buyers stall. A typical single pilot case: 132 mark…
Custodians commonly quote two paths for a self-directed IRA. A basic account runs a modest annual fee plus per-asset and wire fees, with the custodian signing every document. A ch…