Consider an allocation offer into a private open-ended real estate fund: 100k minimum, quarterly redemption with gate language allowing suspension, marks published quarterly by th…
A common pattern with repeat capital raises is that the fourth or fifth raise from the same investor group happens fast, sometimes in under 48 hours from a single email, while the…
Offering documents restated since last summer, when the incentive was made permanent under P.L. 119-21, are showing looser language around winding up than the versions circulating…
Two things landed on me in the same week and I have to answer both by the end of the month. Offer one. A flipper doing about 20 houses a year wants me as an in-house project manag…
A common entry point into flipping runs like this: the numbers on paper beat most other strategies, the investor wants no second job and no hammer, so the plan becomes buy the hou…
A case worth walking through for anyone selling small multifamily. A 1970s side by side duplex, both units 2/1, one tenant occupied on a lease with 8 months left and one vacant si…
Five offerings have come across in the last four months and four of them are credit. Two are first time debt funds from equity shops that have never originated a loan, one is a tr…
For an investor who wants real estate income without a second job, the question of how much sector homework REIT investing actually requires is worth separating from general marke…
Consider a case where a partner in an 88-key extended stay wants out badly enough to sell into a market of one. The units were marked by the sponsor at $300k. A buyer steps in at…
I'm pricing out the operating side of a small independent, roughly 30 rooms, before I go any further on the numbers. Someone told me the property management system for a place tha…
The number usually quoted for timberland is a standard deviation around 6.9 percent against almost 16 for the S&P, with long-run annualized returns near 10.7 since the index start…
Comparing a targeted return from a private deal to a public REIT's dividend yield looks like an apples to apples exercise and rarely is. Take a five year multifamily equity offeri…
The ATTOM first quarter 2026 numbers are worth reading carefully rather than reacting to the headline. Filings totaled 118,727, up 26 percent year over year. Starts came in at 82,…
Framing job last week, one of the guys says he put 30k into a private REIT through some platform and he can't get it out for two years. He said it like it was a good thing. I've b…
Everything is new here so forgive the level of this. I looked at two of these. One said $2,500 minimum and asked nothing about my income. The other had a form asking me to certify…
A detached 480 square foot one bedroom, prefab shell set on a slab, finished and renting at $1,595, total spend $131,400 including site work, utility runs, permits, and the pad, i…
A common surprise once a backyard unit is finished: a standard homeowners policy typically will not cover a rented second dwelling on the same lot. Most carriers require restructu…
I've been trying to work out where I fit on the service side and this landed in my lap. An owner with a six room house had five people move out in the same two weeks (student cale…
I've been reading listings in two directions for about a month and they lead to completely different lives. Direction one is a small multifamily, duplex or triplex, where I take a…
Take a small town market, a two-unit frame building asking 145k. Both sides are 2/1, in-place rents at 700 each with market closer to 750. At 3.5 percent down that is roughly 140k…