I'm working out what my first deal really costs and pref equity keeps coming up as the thing that fills the gap between what a bank will lend and what a sponsor has. Every explana…
I've now read three JV operating agreements side by side and the only section that meaningfully differs is the major decisions list, the things the operator can't do without my wr…
I've got capital I'd rather put into something I can grow than into another rental, and lead generation keeps coming up because every investor I talk to complains about it. What I…
My first long-term rental closes in six weeks and I've been reading about screening nonstop, but a family friend asked whether I'd run her two-bedroom short-term unit for a cut on…
I have a defined amount to place into tax certificates over the next two auction seasons and I keep going back and forth on the shape of it rather than the size. Case for concentr…
I've got a raw acreage purchase under contract, cash, no lender, 90 day due diligence with a survey and a well test in it. My agent offered to put her coordinator on it at $350 an…
I'm selling a tenant-occupied single family rental, probably worth around $310k, so I can put the money somewhere that doesn't call me about water heaters. Two quotes on my desk.…
This is the argument I keep having with two people I trust and they've never once agreed. Setup. Duplex, $460k, payment $3,300 all in. The other side rents for $1,700. I live in t…
Sitting on a decision and I want the room to argue about it because I keep flipping. A buy and hold outfit that picks up maybe four a month in my area told me they will take every…
I have my license coming and no book of business at all, so I've been pricing out two ways to spend the first 18 months, and they behave very differently. Seller side plan: pick a…
My last three double closes went different routes and I can't tell which one I should be building toward. Two used transactional funding, priced at a flat fee plus a couple of day…
Every entitlement and land banking play I've wanted to look at on a platform has been behind an accreditation wall. The open offerings on those same portals are pooled vehicles ho…
I run small multifamily and I know exactly what a rehab budget does when the walls open up. Now I have a gain from selling a building and I'm looking at funds instead of doing it…
A friend who runs money for a small family office told me they added hotels last year as part of a "rotation toward yield." Same week, someone else told me hotels are the closest…
After five years of running a service business, the thing I learned is that how you name the charge changes how people fight about it. Bringing that into this room because I'm see…
This keeps coming up and the room is going to split. Situation I'm in. One acquisition-focused wholesaler does 6 to 9 contracts a month and wants me on an exclusive: I move only h…
I've been sitting in on a friend's acquisitions calls while I wait on my first rental, and something came up I can't resolve. I invest passively and I'm nowhere near hiring a call…
I'm new and I've now seen the same brokerage's dual agency consent form handed over two different ways. First house, the agent gave it to me before she'd show me anything and said…
Most of my money from a small service business has gone into equipment, so a QOF is new territory for me. What I keep bumping into is a modeling question that seems basic and appa…
Been reading about non-traded REITs after a conversation on a job site and I don't understand the core sell. The pitch is that shares don't swing with daily market sentiment, so y…