Not that I would personally do it, but if these apartments keep trading at 4.5% cap rates, people should really be starting on those 6% yield on cost deals.

We’re converting open air self storage to enclosed self storage

Undaground utilities today🔋

Wow.

Yolo

Working on an investor deck for a new project. Here's how I structure it, no more than 10 pages: Pg. 1: Property Basics - Property Aerial - Description - Basic Facts - Link to Google Maps Location Pg. 2: Investment Thesis - "Why this Submarket?" - "Why this Property within

50% preleased now 🍕

Driving past Stephen Alfandre and James Alfandre’s future 10 acre, 224 unit BTR townhome project in Midvale, UT 😍

Industrial market so bad rn I’m currently working on… for sale housing developments 🫨🫨🫨

Going for a townhome PUD surrounded by half acre lots the neighbors are going to kill me lmao.

The haters and the losers said it couldn’t be done, but we have asphalt

Apartments are so bad right now that cap rates might go to 4.8 instead of 4.7

Bad luck with phase ones recently 1. Mexican restaurant next door was apparently a dry cleaner at one point? I think/hope solvable 2. Homeless man sleeping in building I’m buying jumped out of basement with a frying pan when the environmental lady was looking for asbestos What

Busy few weeks ahead Up next: Gravel Roof Slab Asphalt Curb and Gutter

Cash out refinances on office buildings, and you’re somehow bearish on the economy?

Running numbers on another site. Some with pull throughs, some contractor garages. Things that make these deals hard: Site coverage: my current deal is ~50% coverage on what I paid for the dirt (rare and complicated, this on is more like 28% so my price per buildable sq ft is

I’m in the arena, writing offers

Im gonna throw up