every post in the forum, newest first
I spent about a year on this forum working out what a first deal actually costs, so here are my real numbers now that six months have gone by. Small brick building on a secondary…
Five month placement in a three bedroom near a medical campus ended in October with nothing booked behind it. The unit sat seven weeks furnished before the next inquiry, and for s…
A theme that shows up in nearly every wraparound mortgage failure story is the same. The buyer stops paying, and the seller still owes the underlying lender, on time, every month,…
Take a wholesaling operation running three acquisitions people plus a dispatcher, cold calling, PPC and direct mail into the same pot, roughly 380 to 420 inbound leads a month dep…
A useful case to study involves a co-invest into two multifamily properties, 466 units total, 1998 and 2001 vintage, one metro, closed in spring 2022 at roughly $205,000 a door. T…
I'm most of the way through the licensing course and the brokerage I'm interviewing with sent over their vendor sheet. Their photographer does $185 for anything under 2,000 square…
Here is a decision worth working through as a scenario. A manager runs 22 doors for three owners and shoots every unit that turns. The photographer charges $185 for a standard set…
A pattern worth understanding before signing: 60,000 dollars going into what looks like a direct limited partner position in a 250 unit apartment deal, when the entity being subsc…
My uncle has four houses he bought between 2008 and 2014, all in one small city, all rented long term. He's not sloppy about money. He's just been doing it the same way since the…
Take a sponsor whose minimum for a side letter is 250k and four investors coming in at 60k, 75k, 90k and 85k. Individually, each of them gets the standard subscription docs and a…
An amended LLC agreement on a construction deal can define a Preferred Return Default as failing to pay the current portion for two consecutive months or failing to redeem by the…
Take a pref position on a 140 unit 1980s value-add where the position doesn't cover itself out of operations for the first two years, and the question becomes what that gap is wor…
I've been trying to price out what my first deal actually costs, and a guy I know let me shadow him on a commercial one so I could see the real line items instead of the podcast v…
I'm doing scope pricing for a group buying a 288 unit 1996-vintage property in a Sun Belt submarket where deliveries are dropping off hard after 2026. Two scopes on the table and…
Take an LP slice in a 9 MW single-tenant data center in a secondary market. The lease runs twelve years with two five-year renewals at market. The power side is a seven-year block…
Consider a 3.2 acre corner site, currently a closed garden center, sitting in the path of an expanding hospital campus, where multifamily zoning is not yet in place. Current zonin…
Take a 47 acre tract under contract at $380,000, roughly $8,085 an acre, 620 feet of frontage on a paved county road, gentle slope, one wet drainage cutting the back third, no pub…
I'm partway through the licensing coursework, which is how this came up. If I buy a 40 and split it into six lots and sell them one at a time over two years, am I selling my own p…
On 10 deals at an 8,000 average, a flat fee shop charging 199 per transaction and 99 a month collects about 3,200 for the year. A 70/30 shop on the same production takes roughly 2…
Just started so forgive the framing, but I've been reading brokerage P&Ls people post publicly and something bothers me. A firm on a 70/30 split earns 30 percent of a variable num…
One for every strategy in the guide. Each has its own discussion, live deals, outcomes and polls.
