every post in the forum, newest first
Take a pre-foreclosure purchase agreement where the buyer selects the title company, the buyer pays all closing costs, and the seller agrees not to accept other offers for 45 days…
A case worth studying: a property manager handling around 60 single family doors gets a notice that one owner client has stopped paying the mortgage on a managed rental, flagged b…
A case worth studying for anyone running investor relations for a small sponsor. Picture a rural sponsor with 31 LP entities and five properties in towns under 8,000 people, whose…
A question that comes up often enough to deserve a proper answer. Say a business owner has a good year and after taxes and payroll ends up with about 180k sitting in an account do…
A useful way to test this question is to run the same note file through two models side by side. Take a $94,000 balance on a small single family in a stable secondary market, as-i…
Passive income with no second job is the goal, and two paths keep coming up pointing in opposite directions. One path is buying a single tenant building outright, a national chain…
Income without a second job is the appeal of a lien fund over buying certificates directly, and a three year, $75k position with quarterly distributions is a useful case to study.…
The listing agreement on this one was 5% and the agent already had me walking the building before it hit the wire, so she wanted dual agency from the first showing. I said yes, wi…
Take a wrap on a small three unit and lay out two versions of the same deal. Version A: sale at 340k, 10k down, wrap balance 330k at 8 percent. Underlying is 218k at 4.125. Monthl…
Listing is $1.6M. Six apartments at $1,400, plus two ground-floor suites, one at $2,200 a month and one at $1,900, both described as triple net. Seller's sheet adds all of it, sub…
This is not the first rental I planned on. I was looking at duplexes and a seller called about a two-story brick building on the main street of a town of about 6,800 people. Four…
Take a surface lot near a hospital, 50 striped spaces. The broker's one-pager might headline "85% occupancy," while the seller's income summary further down lists only 22 monthly…
Closed out an LP position last quarter and it worked, though not for any reason in the original deck. Deal was a 300-space structured garage in a mid-size downtown, three blocks f…
California's Assembly Bill 1850 was introduced in February 2026 to define wholesaling and require a license for it. As of mid 2026 it hadn't cleared committee, so this isn't law a…
Consider a private first position loan on a tenant-occupied three bedroom in a mid-size southern metro: 96k against a house appraised at 148k, 24 months interest only at 11 percen…
Say three offerings are open at once, two multifamily deals at a $25,000 minimum and one at $100,000. One $25k sponsor asks for a letter from the investor's CPA confirming accredi…
Been looking at land plays for two years and this is the first syndicated one I've taken seriously. 310 acres on the growth edge of a mid-size western metro, currently agricultura…
Take a seller offering a tape of nine defaulted first liens with the option to cherry-pick one instead of taking the whole pool. Moving from performing to non-performing paper is…
A note seller sent me a tape with columns marked NPL and RPL and one row labeled "sub-performing." I thought non-performing just meant the borrower stopped paying. But two loans o…
Property taxes nationally are pushing toward $400 billion and homeowner costs keep climbing, insurance especially. That should mean more delinquent parcels and a bigger sale list…
One for every strategy in the guide. Each has its own discussion, live deals, outcomes and polls.
