Buying a lot of real estate is not particularly difficult. However, staying on top of capital improvements is quite difficult beyond 5 or 10 years.

Under contract on this Orlando industrial outdoor storage property. 1 acre, little 1950s quonset hut, next to the airport. We'll renovate the warehouse, clean up the site, and lease it up. Should return 100% of investor money when we refinance after stabilization.

Just had a tenant send me a promising off-market real estate deal. Tenant has no expectations, but I'm planning to send him a big check if I close the deal. What percent would you give as a thank you?

Was doing a property inspection when I heard this poor guy crash into the guardrail. Someone cut him off, he decided to drive into the ditch instead of hit the other car, other guy kept driving. Reached out to Florida DOT to get the guardrail fixed. A week later, it was done. I

POV you live in the Village of Taintsville, Florida.

Rarely do you hear about taxes getting lowered, but starting this October, Florida is eliminating sales tax on commercial rents. The tax rate has been between 5.5% and 7.5% when you include the county surtax, but was reduced in a series of significant cuts starting in 2023.

Had a large real estate private equity firm scoop up a property I've been chasing for a few years. It's next to a property we own. Owner had always said he didn't want to sell. I looked up sales price with the property appraiser. Money talked, and I walked.

If your property doesn't appraise, you have the wrong loan officer. One of the reasons the appraisal industry is a racket.

Roof inspection

If you own real estate for long enough, you realize roofs are one of the biggest components of your property. This one was a 25 year old built up roof with gravel. Was starting to have issues. Tried something new: Spray polyurethane foam (SPF) Removed gravel, spayed several

Actually, my nephew does striping.

People like to pretend their lives are private, but it's a very thin veneer. Working in real estate allows you a peek behind the curtain where everyone's contact info is sucked up and bundled into huge databases available to anyone willing to pay.

Air conditioning made a huge impact on houses. Both of these homes are in Orlando, Florida. One was built almost 100 years ago while the other was just built.

It's always fun to talk about "investment grade" tenants until you read in the news that Starbucks is shuttering hundreds of North American stores by the end of 2025.

No sweeter words than, "Loan approved."

Real estate sales are the engine that powers the real estate industry. Everyone takes a slice when a property is sold. Always amazes me when I look at a closing statement.

Just closed on this deal. Got a nice credit union loan. Improvements start tomorrow.

Lenders frequently shy away from properties with upside while lending maximum dollars on assets priced to perfection. Odd logic because it means they're taking on more risk.

One of the tells of a good contractor is this small item.