Chad Griffiths

Open invitation to @BeardyBrandon to join me for a podcast interview. We’ll livestream the conversation and you’ll have the opportunity to fully share your side of the story without interruption or misrepresentation. The invitation is open anytime. Let me know!

@HowardRoark90 Here's my bet: LP losses: 15M GP losses: 25k

@ChadGriffiths Should be the former But unfortunately, assuming he had a half decent PPM, it’ll probably be the latter 😖

And so the plot thickens… 👀

@redbirdracing @gas_biz He gives a bad name to the good GPs out there who work their asses off to protect their LP capital

@ChadGriffiths @gas_biz The I only work for an hour is the most infuriating. You get your carry so I can call you any time during the workday if I put up half the cash. I’m not gonna say nights and weekends. But if you are gonna not work your deal better work.

I'm going to go back to talking exclusively about factories and warehouses in the very near future. But seeing people defend and deflect attention away from a grifter who has a poor understanding of real estate and only works 1 hour per day is baffling. 15M nuked and all the investors get is an apology tour long after it's gone. Losses and mistakes happen. Stupidity is forever.

@HowardRoark90 If the ship sinks does the captain go down with it? Or is Captain Brandon just on to the next opportunity without having lost anything

@ChadGriffiths These are the right questions to ask…

@RENTSDU1st You were 2 years early on this but absolutely nailed it!

@SFR_Investor @Sam_Adams_77 Nothing wrong with being an opportunist. However Brandon’s investors are about to FAFO I’m afraid. Seems snakeoil’ish

@redbirdracing @gas_biz Same with me, I'm an LP in a couple deals and have my own capital in other JVs. Zero assets under management and zero courses to sell.

@ChadGriffiths @gas_biz I could never GP. Any deal I’ve ever done I’m LP or just heads up with other money. Feels dirty. Don’t mind giving an operator a generous salary and a bonus at payout or sale.

@redbirdracing @gas_biz Clapping fanboys are a rare breed

@gas_biz @ChadGriffiths I over levered with variable rate debt and lost all your money. Please clap.

@gas_biz There's a youtube video in one of the comments from one of the investors. At one point he asks whether Brandon would have been able to fix the problem if he worked more than an hour per day 💀

@ChadGriffiths Not at all. I see his post for what it is. Damage control.

@gas_biz That's what really gets me. Mistakes happen. But this whole thing appears to have been very poorly managed from day 1 until the apology tour. Simply admitting that is neither brave nor courageous.

@kliwms @PaceJordanMorby @robbiehendricks 100% agree.

@ChadGriffiths @PaceJordanMorby @robbiehendricks I have no beef with Pace, he said he knew someone who lost $40M of investor money and is out raising capital and I said that person’s name should be released. Just like a business journal publicizes a failed real estate investment, the info needs to be shared on X or wherever

@kliwms @PaceJordanMorby @robbiehendricks I had a good back and forth with Pace actually, appreciated the dialog. The real estate god on the other hand ...

I'm a nobody (and also a nobody small investor in a few LPs myself). If anything comes from this all I can hope is that other small investors realize they are risking 100% of their capital to only marginally outperform the market. This disproportionate amount of risk should be slide 1 in every pitch deck.

I won’t be able to convince you of my opinion. I respect yours and think you should do what you think is best. All I ask is you sprinkle a little respect his way for at least making the post. Lots of syndicators have gone silent. Brandon could have but didn’t. He made it worse on himself.

A lot of trashing of my friend @BeardyBrandon about his honest post. I think people should applaud him for sharing this publicly. Right now… a woman I know who lost $40 million on investor capital last year is back to raising money again… Say what you want… at least he was willing to put himself in the crosshairs and be honest. Most syndicators are hiding from telling the internet the truth and will be back to raising money again soon.

@GayBearRes @ADeermount 🙏

@ChadGriffiths @ADeermount Nah here’s a new follower

@ChadGriffiths @PaceJordanMorby @robbiehendricks Pace blocked me, glad I know how he cooks in the kitchen with heat

What a wild weekend in RE social media. In one corner we have an investor who boasted about earning a 25k profit where he used retrading as a strategy. In the other corner we have a guy who nuked 15M in investor capital but is being heralded as "brave" and "courageous" for being transparent about it. Are you not entertained?!

@housleyd @ADeermount I got called a crab and a loser by a big account who conveniently has a course on real estate investing. He deleted his post though so now my confidence has soared back 🤣

@ChadGriffiths @ADeermount Seems like alot of big accounts have stuff to sell you

@robbygraham Happy to!

@ChadGriffiths Send me a book to read 😎

@KPRunion 💡 and even a somewhat dumb company would be sure to at least safeguard it

@ChadGriffiths A good company in today's environment can turn 15M into a remarkable return ...

@DeerwoodRealty That will be at least 20% of my content strategy going forward 😆

@ChadGriffiths Just here for your hot pickleball takes…

@nickeyhorn @BeardyBrandon Even if it's with someone else it needs to happen. I think it would be the real estate podcast of the year!

@ChadGriffiths @BeardyBrandon Would be a great interview!

Open invitation to @BeardyBrandon to join me for a podcast interview. We’ll livestream the conversation and you’ll have the opportunity to fully share your side of the story without interruption or misrepresentation. The invitation is open anytime. Let me know!

@unforgivnbastrd Not everyone did 😆

@ChadGriffiths I thought it was hilarious.