Anatomy of a Deal
Every cashflowing real-estate deal runs the same eight stages, start to finish. The point of this page is total clarity on all of them — and on the one thing that matters most for us: which stages are ours, and which belong to a partner.
We own the brain work — finding, verifying, structuring, and paying out. Partners own the labor — closing, building, operating. Nobody is confused about who does what.
The eight stages of a deal — and who owns each
Where we add value
Four stages are ours, and they're the ones that take judgment, not labor:
- Find — the whole business starts with sourcing a property that genuinely cashflows. This is our edge; most people never get past it. See how we'll automate the hunt in the-path.
- Underwrite — we prove the numbers before a dollar moves. A cashflowing deal pencils on rent, expenses, and price; a bad one doesn't. We kill the bad ones early.
- Structure & Raise — we wrap the property in a simple entity, split it into fractional shares, and pool everyday capital into it. (The legal paperwork is drafted by an attorney partner — not us.)
- Distribute — once it's running, the rent comes in and gets paid out to owners automatically, with our fee taken alongside. → on-autopilot
Where partners do the work
Three stages are pure labor — and we hand every one of them to a specialist:
- Close — title companies, escrow, and inspectors do the closing. We coordinate; they execute.
- Improve — if a property needs rehab, a contractor does it. We never pick up a tool.
- Operate — a professional property manager handles tenants, rent, and repairs. No landlording lands on us — or on our investors.
Meet everyone in the-cast, and see exactly how the dollar moves through all of this in following-the-money.
The takeaway: we sit at the front and the back of every deal — finding it and paying it out — and we outsource the heavy middle entirely. That's the whole model in one diagram. → the-connector