it finished, here is how it went
A deal worth studying: a value-add fund closes at 40 million, deploys into eight assets over 30 months, and the LPA grants the manager a promote on each asset individually at disp…
Bought it in early 2022 thinking the renovation reset the clock. Previous owner had done everything, new roof, new HVAC, PEX throughout, updated panel. I sized my reserves like I…
The properties themselves sit at homes.usda.gov under the "homes for sale" section, and each listing carries a managing real estate broker assigned by USDA, not a government offic…
I sold the note in September. Confirmed transfer with the new holder, sent the servicer written notice, got back a form acknowledgment. Then in January I see a $1,200 charge split…
Signed a LOI on a small multifamily in Mesa last spring, four units, seller asking 610 and I had talked myself into 595 being a win. My agent pulled the actual rent rolls instead…
I put in $5,000 last October, which is not life-changing money but it is my first intentional real estate investment as opposed to the two things I inherited. The deal is a wareho…
I have been on probate deals where the seller's estate attorney used language like that to describe a title cloud that took eight months to clear, so maybe I'm sensitized to it, b…
I did not catch it until month seven. The agreement calls it an "administrative processing fee" charged to the resident, collected by the manager, retained by the manager. My rent…
Took a house I already owned in the subdivision, pulled the RAL license through Arizona's residential care process, and handed operations to a care partner on a revenue share. Ful…
A deal worth pulling apart: nine lots platted, one sold at closing to generate capital for the carry, but the surveyor filed the access easement with a bearing error that placed i…
So the tenants paid on time again this month and I sat there thinking about what I actually own, which is a building on a lot in a city I do not live in, and I realized I have no…
The deal was straightforward on paper: 8% preferred return, 70/30 split above it, 24-month projected hold on a small multifamily acquisition. Capital in, pref accruing, exit at mo…
That number stopped me cold when he mentioned it casually on a call last week, because the guy who sourced those two deals walked away with more than I made on a flip I spent four…
A deal worth studying: a single-family bought at a county auction, 187k all in, ARV around 240k. The title search cleared. The buyer got the deed, started demo prep, and six days…
A sponsor I was reviewing materials for this week quoted a new 5,000 sf lease at $32 per sf full service, which looked fine against the submarket comp sheet. What the deck did not…
The lender sets the opening bid, usually at the outstanding loan balance plus fees and costs, and that number has nothing to do with market value. In a market where values have dr…
The structure was 10 percent current pay, no accrual, hard redemption at month 24, and a removal right that actually had teeth because the senior was a regional bank willing to co…
That number came out of a 9-room house in Garland, all shared baths, no meals, no services, just rooms. I track it per door because the square footage comparison is meaningless on…
Advertised was 14 to 16. I went in knowing that was a projection, so I'm not upset, but 11.2 against my 65 percent LTV entry on the deal still beats what a comparable note would h…
Take a house with no mortgage and a current appraised value of 400,000 dollars. A cash-out refinance at 70 percent loan to value produces 280,000 dollars before closing costs. Tha…
One for every strategy in the guide. Each has its own discussion, live deals, outcomes and polls.
