For someone turning a truck and trailer into a real cleanout business, there are two distinct paths, and they tend not to mix well with one rig. Path one is bank and servicer work…
On a typical select service or upper-midscale hospitality deck, several lines compete for the first stress test. RevPAR growth drives nearly everything above the line. It is the a…
Take a ground-up storage JV with a new operator: three climate controlled facilities, roughly 78,000 net rentable square feet each, total cost $41M, construction debt at 62% of co…
I've got 60k that's earmarked for real estate exposure and no operating role in it either way, so the question is purely which wrapper. Option A is listed REITs. Daily pricing, se…
Take a case worth studying in lead referral wholesaling. A landlord who has owned a 3/2 rental since the nineties, with a tenant paying well under market and going unanswered, get…
Say a wholesaler is under contract at 142, assigns to a buyer at 159 for a 17k fee, and takes a standard one-page assignment with a non-refundable 5k deposit at signing. Then that…
I've been mapping which of the 2025 statutes reach land deals and the drafting isn't consistent. Some definitions of brokerage cover real estate generally, which sweeps in raw acr…
Here is a screen worth arguing with. Say an operator has spent six months building a buy list and the ranking finally produces something they do not trust. The screen ranks on for…
Trying to read a submarket and the published numbers and the property-level numbers don't agree at all. The market report says asking rents in this submarket are down 1.4% year ov…
Worth sitting with directly: every data source that used to be a bird dog's edge, court probate filings, tax delinquency rolls, pre-foreclosure notices, skip tracing, is now avail…
Five months of pulling addresses off my own job sites and off the pre-foreclosure and tax-delinquent lists at the county. 41 leads passed to four investors. 3 closed. I got $1,500…
Consider an operator with six mainstream flips behind them, purchase prices 300k to 600k, at the point where returns per deal no longer justify the hours, now eyeing a move into l…
I spent a weekend building a grid of every live offering I could see across three platforms. 41 offerings, 12 distinct sponsors. Four of those sponsors appear on more than one pla…
A useful scenario for anyone raising capital on a long-hold, low-activity asset: four investors in a 31 acre raw land hold, 620k total, with a modest annual reporting cadence of a…
Take a would-be sponsor who has run numbers and looked at deals for a couple of years without pulling the trigger, and whose circle has noticed. Two former coworkers, an uncle, a…
Take a portfolio of three parks running 42, 39 and 67 lots, all within about 90 minutes of each other. An onsite resident manager, paid in a lot rent credit plus a small monthly a…
Take an estate duplex with three heirs, the personal representative being the eldest and living out of state, ARV around 215k against an offer near 155k. Unit A has a tenant at 67…
I've been trying to work out where a service-side person fits around probate investors, and the split that keeps coming up is whether outreach and underwriting should sit in the s…
Not doing a deal. Somebody in a local group shared an anonymized wrap note and deed of trust package as a teaching example and I've been going through it clause by clause, which i…
On the buyer side of a wraparound mortgage, the construction-minded questions are often the right ones. If the seller's underlying mortgage stays in place, whose name goes on the…