Wanted to share a real deal I ran across this week in the Essex County/Newark industrial market, because I think the evaluation process is more interesting than the deal itself.
The deal: 30,000 SF warehouse in Newar...

Hey BP - does anyone mind sharing an example of their real estate professional logbook?

I was hoping someone on here could help answer some questions and provide some examples for deals that they have done recently?

The example I can give is that we were doing a flip and the hard money lender wanted to do their checks prior to releasing the money to us for rehab as they always do, and the scope of work along with the inspection was limiting us to get all the money for the next phase of rehab (hard money lender was only willing to give us a lot less).

For example, code enforcement by itself isn’t very predictive.

I don't want my money paying for them to get educated about a new asset class.FWIW, here are the junk aspects of their offering: - Website - You are certainly going to have an ongoing cost to maintain this, so this isn't free - PPM - You can probably find examples of these all over the internet. 

Hi everyone — I’m researching how small landlords evaluate rental deals before buying.I’m curious how investors here think about downside risk when analyzing properties.For example, do you ever model scenarios like:• vacancy increases• rent drops• unexpected major repairs• interest rate changesOr do you mostly rely on simple cash-flow estimates when deciding if a deal works?

My understanding is as an agent with a company (Century 21 for example), I am still considered 1099. 

At JCREIG Capital Funding, we see investors use DSCR for several reasons—sometimes early on when they don’t qualify conventionally (like Joell’s example), and other times when their portfolio grows and tax returns no longer reflect the true performance of their properties. 

For example, a course of action that forestalls action now so you can stay in the house but where you are likely to end up losing it later feels good today, but you'd likely be better off doing something else. 4.