Had a title company pull owner records for everyone on the blocks I wanted to live on. They provided names and addresses for free. Cold called and sent letters to the owners. 3 responded saying they would sell off market. Paid $1M below market by finding a home myself.

John Andreini I knocked on the door of a house i wanted to buy and then knock down to build my house. Made the deal in 30 days and closed 30 days after since i required no inspection just title and a quick environmental inspection. 25 years later a am ready to sell.

Buy a property where the tenant has 5+ years left on the lease and wants to leave They will pay you to break their lease Have a deal for $1.6M where tenant has $1M left in lease obligations Tenant paying $600K to leave which is less than their lease obligation That $600K

2025 retailer stock returns vs. real estate returns are very interesting. Starbuck's and Chipotle delivered better returns on real estate. Dutch Bros, McDonald's, and Dollar General delivered better returns in stock market. Here is the rough data: Starbuck's: Cap Rates:

For those of you that are investors in $TMC $PXLW or $SRM comment below and let’s compare notes / start a group. What a week, you guys are animals!!

REIT lists property thinking it’s “dark” meaning it’s closed but paying rent at $2.5M / 7 cap Buyer opens escrow at $2.3M Tenant sees listing and calls saying it’s actually open Asset manager listed the wrong property The property is worth $3M, buyer made $700K doing nothing

The Vietnam trade deal is a positive tailwind for furniture retailers.

Check out this McDonald's drive thru co-branded with a casino and Exxon gas station. Must be highest volume store on earth.

One of the great mysteries in real estate is having a property listed for months with limited or no activity, then out of nowhere getting 3-4 offers within a week.

Some of my favorite people are my “competitors”. We share resources and information instead of competing. As a result, we each win more business and improve faster. There’s plenty to go around.

US taking in trillions of investment as “GP” with focus on energy and critical minerals $TMC has worlds largest resource of critical minerals Up 300% since I mentioned 2 months ago Read the dang tea leaves

The main deal killer I am seeing in CRE transactions are sellers over playing their hand. Asking for an extra $25K, a management contract, or unusually short timeframes. Most of the time it is a mere fraction of the overall purchase price or timing that won’t matter, but

The bottom is so in for CRE values and transactions It’s time to go all in Bad headlines means time to invest Good headlines means it’s frothy

If you have bad real estate There will be signs

Refinancing this property in Barcelona and the rate is 3.4% fixed for 15 years, non-recourse, fully amortizing loan.