Field notes for real-estate investors.
Deep dives on data, markets, and the craft of finding deals most people miss. Published daily.
Category: how-to · clear
$162 Billion in Apartment Loans Are Coming Due in 2026 — and 60% of It Hits This Summer. Here's the Investor's Playbook.
Over $162 billion in multifamily loans mature in 2026 — and 60% hit in the second half of the year. Operators who borrowed at 3-4% in 2021 can't refinance at today's 6.24% rates, creating a concentrated distressed-seller window in overbuilt Sun Belt markets. This article walks through the five-step playbook for sourcing, underwriting, and closing distressed apartment deals before the best opportunities are gone.
How to Assume a 3% Mortgage in a 6.5% Rate World: The 2026 Investor's Playbook
With mortgage rates stuck at 6.49%, millions of FHA and VA loans from 2020–2022 at 2.5%–3.5% are sitting on properties — legally transferable to any qualified buyer. This guide breaks down exactly how to find assumable mortgages, structure the equity gap, negotiate with servicers, and use PropGPT to screen and underwrite deals that beat today's rate environment by hundreds of dollars a month.
100% Bonus Depreciation Is Back — Permanently. Here's How to Use It on Your Next Deal.
The One Big Beautiful Bill made 100% bonus depreciation permanent, and IRS Notice 2026-11 settled the implementation rules in January 2026. For investors who've closed deals since January 19, 2025, the opportunity is immediate: a cost segregation study on a $500K rental pushes year-one depreciation from $17,425 to over $91,000. This guide breaks down who qualifies, the exact numbers on real deals, four common mistakes to avoid, and five PropGPT prompts to model the strategy on anything in your pipeline.
Screen 500 Properties in 30 Minutes: A PropGPT Buy-Box Walkthrough
Screening hundreds of listings in a legacy portal is a full afternoon of tab juggling. With a well-defined buy-box and three structured prompts, PropGPT can return a ranked shortlist with owner records and equity estimates in under half an hour. This walkthrough shows exactly how to do it, with prompts you can paste directly into the chat.