Keith Shadle
1K posts

Keith Shadle
@KeithShadle
Oceanographic Tech for Scripps & R/V Sally Ride @rvsallyride @scripps_ocean. Always Wanna Learn. I'm making it up as i go.
San Diego 参加日 Mayıs 2013
494 フォロー中205 フォロワー
Keith Shadle がリツイート

@BrokerBranden Cool! Let us know how it goes/keep us updated. Would love to follow along.
English

Just closed on this Miami property for $700k just to tear it down 🏡
We're tearing it down and building 2 brand new 4 bed / 4.5 bath townhomes with pool + garage.
Running through the numbers 🏗️👇
💵 Purchase Price: $700,000
🛠️ Construction Costs: $1.1M – $1.2M
📑 Soft Costs / Permits / Misc: ~$150,000
Total Projected Basis: ~$2.0M – $2.05M
Planned sale price: $3,000,000+
What do you think — solid deal? 🔥


English

As many of my older followers know, personally, it’s been a rough few years. Divorce, Job Loss, Death (of my mom), Jail. I had church shoved down my throat as a kid. Hated it. Boring, bunch of hypocrites, not my thing. A few yrs ago, my 19 yr old started going on her own. A lot. Now I have to admit, I saw a major change in her life after she got involved. From the friends she hung out with to just her personality in general. She started going all the time, got baptized and then started pestering me.
“Dad, would like to go with me this Sunday?”. “Maybe” I’d always reply only to text her Sunday mornings with “I can’t this week, I’m really busy today sweetie, maybe next time”.
After a year or two of her asking, I started feeling bad, picturing my little girl, getting herself up on a Sunday morning, volunteering with the toddlers in the first service then going into this big church by herself and sitting alone, while I would every effort excuse in the book not to go.
Finally, about 6 months ago, I decided to go. First time I’d really gone in YEARS. During the service, it was like someone sent the pastor a secret message about what I was dealing with and going through. I kinda started choking up a little. I’m not a crier by any stretch of the imagination. But after messing up my family with a divorce, losing a high profile job, sleeping on a rollout mattress on a metal bed in Fulton County Jail, I was broken. Literally, my life had gone to hell mainly because of consequences of my bad decisions over 2 decades.
It’s amazing the influence your young children can have on you. I never in a million years would have thought that I would hop out of bed with excitement on a Sunday morning to meet my little girl at church. I’ve always hated organized religion, but phew, this church is getting to me. It’s for the broken, for the disenfranchised, for the sad, for the hopeless. Like me.
I think that’s what the message of Easter is about. Hope for those who have lost all hope.
And if you’d like to watch the message of the service I’ll be in this morning, it will be below.
English

Two $100,000+ assignment fees in the last 60 days by creating one tool with AI.
You upload any list, and it uses satellite imagery to rank the exterior condition from worst to best.
How to build it with Manus for under $50..
-- Have Manus build you a server on Railway.app (You can just paste my photo from below and tell it to build you own) -- Railway is $7 / month to host.
-- Grab the OpenAI ChatGPT4o API that'll score the properties for you super quickly based on the condition. (Tarps on the roof, overgrown yard, etc.)
-- Grab the Google Console Satellite image API (Super cheap and pay per use). It updates every 6-24 months and is about 70% accurate to real time. Nearmaps is real-time but more expensive.
It'll run you about half a penny per property if you do it right.
It works for commercial assets as well.
Cheat code: We'll pull all the absentee list in a county (10,000+ records), upload it, and send the most beat-up ones to our army of cold callers that cost us $4.50 / hour all-in that are fully managed & trained for us.
I made a 10-minute Loom breaking down exactly how to build this step by step. Just comment "10" & I'll DM you to send it over for free.

English

@ThinkAppraiser Wow awesome! Any more deets on how ya did it or the overall project? Why you decide to build a 4plex vs others?
English

Just completed a cash out refi on my four plex development project
Zero money out-of-pocket in the deal, $250,000 cash back at closing $650,000 kept in Escrow to pay for the entire construction from start to finish
They even prepaid one year of interest so I don’t need to make a payment for 12 months
Interest rate 9%
Looking forward to getting this four Plex completed and rented out so I can look for the next two big projects
Maybe even dip my toe into larger multifamily, let’s see what happens
Kick some ass today !
English

@shawngorham Damn it!...now I'm going down a rabbit hole. I imagine western style square toe could help with some foot pain and comfort. Never considered for shipboard work. Thanks.
English

Most people overthink their first storage deal.
They spend months underwriting facilities that should've been filtered out in 5 minutes.
Filter things like:
Is the market oversupplied? Pass.
Physical occupancy 85%+ but economic occupancy below 70%? That's revenue hiding in plain sight.
Current rates 20%+ below comps? Real upside.
Seller not motivated? Move on.
I run 7 questions on every deal before I spend a single hour underwriting. Saves me weeks.
I put all 7 into a 1-page deal filter. Reply "send it" and I'm happy to share it with you.
English

@peterlikesgyros Woah great! How you find it? Thanks for posting.
English

Storage property #18 acquired
$1.3m / 29.4k sf / 176 units
Bank fi 50%
Seller fi 40% (3% I/O non recourse)
Yr1 cash on cash est: ~25%


English

@MattWalshBlog @Hillbarian Yep, 100% even more so when you have sailed with some really great oceanographic captains currently…traversing the oceans for science, arriving in foreign ports. Glad I got the opportunity! can’t imagine that on a wooden ship with sails using only celestial navigation. Crazy.
English

I've said before that ship captains during the age of discovery were some of the most impressive human beings to ever live. We have trouble appreciating just how unimaginably great these men were. They had to play the role of navigator, cartographer, astronomer, logistics manager, military commander, judge, police captain, diplomat, CEO, recruiter, accountant and governor, all at the same time, and all under extreme duress, out in the middle of the ocean, cut off from the rest of the world where the penalty for one wrong decision was the death of everyone on board. These are some of the most brilliant and gifted human beings the world has ever known. Nobody on Earth today can come close to matching them. They had a level of both skill and physical courage that just doesn't exist on the planet today.
English

Christopher Columbus is the ultimate IQ test. You immediately know that someone is a retarded halfwit if they start screeching some nonsense about how Columbus was a genocidal maniac or whatever. Intelligent students of history understand that he is one of the great men of western civilization. This is an awesome move by the White House.
New York Post@nypost
White House installs Christopher Columbus statue made from remains of toppled sculpture trib.al/iGX7loN
English

@Jacob_Naviaux Wow awesome! HOA foreclosure auctions different than others? Still in person?
English

One of the best flips I’ve ever done:
$99k profit on a $2,500 renovation.
Bought a condo built in 2007 at an HOA foreclosure auction for $33k.
The place was already in great shape, so we only spent about $2.5k to get it market-ready.
Sold it for $281k.
There was a $122k first mortgage that survived the foreclosure and had to be paid off at closing.
After everything was said and done, I walked away with a $99k profit.
English

@theseoguy_ Same. Called 3 board up shops, 3 siding/roofing installers & 4 pest control places for my rentals in Indy. 1 phone answered. 0 AI. A few just voicemail that never called back.
English

@levelsio Very much agree. Especially combining the both portion. 👍
English

The irony is that traveling on <$1000/mo is way more fun than >$10,000/mo
Luxury travel is extremely boring, comfortable, not challenging, sycophantic (yes sir)
Travel on a shoestring budget you get inventive, are forced to meet locals just to survive and get around, have to hitchhike etc
I like to combine cheap and luxury travel which keeps my brain from decaying and the contrast actually lets you enjoy both
Splin Teron@splinter0n
and some crypto bros still living with delusional mindset that $10,000 is not money. people outside crypto bubble travel 130 days, visit 9 countries with $12,000. you only live once.
English

@leo_szac OK great, thanks for the info! Thanks for the reply as well. I need to start doing similar.
English

@KeithShadle Off market, I contacted by email to owners of properties that have not been transacted in the past 10 years
English

Talked to a seller last month. 16-unit in Toledo. Owned it 19 years.
His rents: $575/unit.
Market rents: $800+.
I asked why he hadn't raised them.
'These are good people. I don't want to push them out.'
I respect that. Genuinely.
But he was leaving $43,000 a year in NOI on the table.
He knew it. That's exactly why he was ready to sell.
English

I said I'd never do it.
I did it.
I got tired of students coming to me saying they paid $10K+ for a course and didn't learn anything useful.
So I built the system I wish existed when I started - from 15 years of real deals, real mistakes, and currently 12 facilities across 4 states.
8 modules. 46 lessons. 12 templates. 8 hours. No fluff.
It was only for my 1:1 coaching clients.
Now it's open to everyone.
Link in bio.
English

@SecWar Fantastic!!!! Much appreciate you and your dept for taking the Boy Scouts into consideration and working on making that program what it once was. Proud Eagle Scout here and proud dad to a son who will be joining the scouts next year
Thank you.
English
Keith Shadle がリツイート

@KeithShadle Project manager and property manager and a lot of mistakes in between
English

To the haters who don't believe my stories!! Here is my track record of deals taken full cycle starting in 2020.
Don't you think I would have some insane stories that would make me pull my hair out being the main investor in this many properties?:
595 7th st bought for $975,000 4 units Sold for $1,885,000
4536 36th st bought for $750,000 Sold for $1,105,000
1270-72 Naranca Ave bought for 600k sold for 1.25 million
420-22 E 9th St, National City CA - bought for $1,060,000 sold for $1,840,000
226 Madrona st Chula Vista ca - bought for $1,005,000, sold for $2,000,000
1305 Rincon Road - bought for 1 mill, sold for $1,875,000
813-15 Diamond St - $1,050,000, sold for $1,700,000
42-48 E 5th st $710,000 4 units, sold for $1,425,000
311 Zenith St bought for $1,325,000 (4 Units), Sold For $2,055,000
4526 52nd St - $1,000,000 - 3 units. Sold For $1,350,000
217 Evergreen St - $1,425,000 - 4 units. Sold for $1,925,000
1940 31st st - $1,589,000, 7 units. Sold for $2,065,000
2104-10 Dale St - $1,175,000, 4 units. Sold for $1,745,000
2312-18 Chatsworth St - $1,500,000 - 4 units. Sold quick for $1,645,000
4067-71 Normal St - $4,500,000 - 12 Units. Sold for $4,950,000
340 S El Camino Real - Paid $865,000. Sold for $1,177,000 - 3 unit
4263-65 Maryland St - Paid $1,365,000, sold for $1,600,000 - 3 unit
4259-61 Maryland St - Paid $900,000. Sold for $1,425,000 - 2 unit
3297 Island Ave - Bought For $775,000, Sold for $1,710,000 - 4 units
5738 Meade ave - 3 units - $900,000. Sold for $1,181,000
4030 Front St - $3,950,000 - 14 units. Sold for $4,150,000
4560 Winona Ave - Bought for $900,000. Sold for $1,325,000
781-83 Elder Ave - $700,000, sold for $1,100,000
317 Tremont st purchased for $1,152,000 (6 units). Sold for $2,065,000
Copied & pasted straight from my apple notes app.
English





