Paid the property tax bill from my own checking. $2,180 to fix.
Short version: the IRA owns a small rental, the tax bill came addressed to the custodian, the custodian forwarded it to me as they do, and I paid it online from my personal accoun…
All 132 real estate strategies.Every room answered.
Start with a RE category
Next, pick a strategy
Then pick the type of post
it finished, here is how it went
Short version: the IRA owns a small rental, the tax bill came addressed to the custodian, the custodian forwarded it to me as they do, and I paid it online from my personal accoun…
We put $2.4m of pref into a 78-unit value-add through a small group, 11% total return, 4% current pay and the rest accruing, three year redemption. The docs looked fine to me at t…
Small win, beginner-sized, but it's the first time in a year of poking at this that I did something deliberate and it worked. I was looking at two storage funds because everyone k…
No deals yet after six months of looking, and I managed to lose money anyway, so I'll write it down. I was under contract on a 2 bed townhouse near a business park, $189,000, plan…
I was doing this to build the down payment for the first rental, and I wanted the practice of looking at houses without the risk of owning one. It didn't work, and the reason is s…
Bought 1,200 shares of a mortgage REIT's fixed-to-floating preferred at $26.30. Par is $25. Fixed coupon 7.75 percent on par, so $1.9375 a year, $0.4844 a quarter. My thinking was…
Two infill land parcels I'd been sitting on for six years finally sold this spring, and the proceeds went into a single tenant drive-thru restaurant pad. Closed about six weeks ag…
I wanted the boring version that works, so in 2022 I put 85k into a broad equity REIT index fund inside a taxable account and told myself I'd hold ten years. I sold in the middle…
Closed six weeks ago on an 8,300 sf small-format discount retail building in a town of about 4,500 in the upper midwest. Corporate lease, investment-grade parent guaranty, 13 year…
Nothing clever about this one, it just closed, so here's how it actually went. Seller was an estate, three heirs, wanted done. Contract at 88k. Cash buyer I've sold to twice befor…
Four properties, all done the same way, all bought distressed and rehabbed and rented. The first two refinanced in the low-rate stretch and behaved exactly the way the strategy is…
Finished and closed a 24-month live-in flip in a mid-size midwest metro, and then I did the accounting I'd been avoiding. Headline version: bought 195k, spent 61k over two years (…
I wanted the pipeline before I wanted the yield, so I sized this to be survivable rather than meaningful. $92k, 38 certificates, two counties in one state, one servicer. Average c…
This was supposed to be the smart version of turnover marketing. Two buildings, 20 units total, three repeating floor plans. Rather than paying for a shoot every time a unit goes…
I did this in the wrong order and it cost me about $5,300 over four months, so writing it down while it still stings a little. What I spent: $1,188 prepaid for a year of a propert…
Small three bed in a working class pocket, bought at 132k, put 38k in, planned rent 1,650. The refinance math worked on paper and I got most of the cash back, so on the spreadshee…
I came at this from tools, not paperwork, so the pitch I made was narrow. A guy doing light cosmetic flips, four to six a year plus the occasional wholesale, kept blowing up on th…
I mostly buy land and hold it, and I own one small house that came attached to a parcel I wanted. It's been a plain rental for four years at $1,450. I was at the county permit cou…
This is the first time I have funded the buy side of a luxury deal instead of just reading somebody else's package, so the numbers are the interesting part. Property was a 5,900 s…
I run a junk removal and cleanout operation, mostly for estate attorneys and property managers. In February I quoted a hoarded 2 bed in a small mill town, maybe a $118,000 house f…