Engineer turned multifamily GP/owner 🍀| Teaching 2 kids how to be good humans | Here for an education in RE and business📝

Charlotte, NC
Joined June 2022
The knowledge getting dropped @ReconveneLA in EVERY conversation and breakout is just mind-blowing. Seriously, my brain needed a short break from the overload 😴 Now I’m ready for a Proper rooftop dinner bash. Can’t wait!
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Workout and a swim before breakfast makes the morning bright @ReconveneLA @alexismorganhq
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I came back to X after almost 9 months away Happy to report it is still as informative and addictive in equal measures as ever I did miss you all
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I was a PM today. Scheduled a safety inspection for a unit under eviction, hadn’t responded in over a month to any communication form, and we had a police call about it. Previously a great tenant. I knocked. I had to knock 3 times, and after hearing male voices inside I stated my intention to enter since we had given proper notice. In my head assumed it was someone other than the tenant, and I was ready for a hard conversation. But I had a totally different hard conversation. Turns out the tenant had her brothers living with her due to an abusive relationship she was trying to separate from. It was so painful she couldn’t talk about it for the tears, so we wrote back and forth on my Notes app in her hallway. Her phone didn’t work so she couldn’t get in touch, she had 2 broken ribs so she couldn’t work. Her daughter was under threat. She had contacted the police but they were not taking it seriously. She didn’t know who to talk to or how. We are not a charity - we can’t just forgive the rent as we have bills to pay too. But we are human. We got her connected to local organizations that can help. We will work with her as much as we can to keep her from having to live on the streets. She was brave, talked about her abuse, and now we can help. It is very humbling to leave that conversation and go back to my own family. We may not be a charity, but we will always be human.
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Took 2 years, but finally got the parking lot paved! Have you ever seen anything so beautiful? 🥰
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I'm running numbers and diving into building new SFHs on a couple vacant lots that came with a property The most surprising thing is the numbers actually seem to work (Fingers crossed I didn't just jinx it)
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One of the hardest things to do in PM is lower rents when the market is tough It feels like failure, to you & the owner Worse is getting $0 every day it sits vacant Don't let fear of failure keep you from making the hard choices Then adjust the term so next year it's in prime time!
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Never see a half unit before No one seems to know how they get mail
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I was today years old when I first leveraged an escalating liquidated damages clause to get my project priority when workers suddenly became scarce Trust *and* have a good contract just in case Boarder Patrol raids your city
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My favorite definition of maturity. I share it with every new graduate I meet. “To be able to stick with a job until it is finished; to do one’s duty without being supervised; to be able to carry money without spending it; and to be able to carry an injustice without wanting to get even.”
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Countertops & doors! I couldn’t stop grinning seeing it come together
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I started RE as a side hustle ~10yrs ago after prompting from my father-in-law At the time, buying & leasing 1 SFH/yr sounded wild Fast fwd to today, where I PM ~70u, AM ~200 while developing a pipeline of deals & partnerships to buy 2+ MF/yr I also have flexibility to spend time w/our kids daily My main regret is not acting on my father-in law’s advice earlier Just wanted to say - thanks David!
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PSA to brokers: The title "PRICE REDUCED ON RARE OPPORTUNITY" Indicates the seller over invested & will be struggling to sell for the next 1-2yrs It does not help you sell it quickly or at a higher price
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Same layout. Higher ceiling. Immediate different feel in walking into the room. @moseskagan might be onto something
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Last week sewer pipe liners This week it’s bats Next week can we just save cash?
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Schools have a captured audience of parents every day at pickup and drop off, often 20-40min or more A lot of that time is parked in line with engines off If they partnered with a food or drink vendor with a bike or cart that could travel up the lines, I wonder how much money they could raise It’s got to be more than fundraising with fruit or popcorn sales right?
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No, I won’t pay you for hiring a sub that installs flooring w/o following the manufacturer directions that completely fails <2 weeks later (glue down LVP peeling up everywhere) If your SOP is to NOT follow the manufacturers instructions and check for moisture levels in concrete before installing, then it’s your responsibility to tell me and get sign off BEFORE install Now either fix it quickly on warranty, or take the loss while I find someone who knows what they are doing
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Anyone have experience with trenchless epoxy pipe liners? Good, bad, recommended questions to ask during DD
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It’s 1978 building with a 4” cast iron pipe under a slab. We JUST redid the units and then found roots plus other damage during a routine check after a minor backup. I didn’t think about slope. How does that impact the liner install/effectiveness?
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