jefe

I’d like to give Brandon Turner sincere credit for this post on IG. He fully owned up to the loss of LP capital publicly. Explained his responsibility, which is the most important, along with the market factors the affected the downfall of this deal. This is exactly how a sponsor should transparently communicate when something like this happens. It doesn’t make the loss of capital easier, but I have true respect for people that take ownership. The guru class has butchered the handling of their errors over the past 5 years. Brandon is the first one I’ve seen to step forward and address it. Credit where credit is due. Bravo.

The private Sunbelt multifamily REIT formed by Scott Everett's S2 is now telegraphing a total equity wipeout, according to new investor comms from partner Trinity reviewed by The Promote. "Said another way, while the common equity was marked at $0.73 per share as of Q4 2025, S2 is currently focused on maximizing value for mezzanine investors, and equity investors should expect a full loss of capital." More for Insiders later today. REIT has 9K+ units so a BFD.

I don’t understand why jet blue can’t just go hire the spirit pilots buy the spirit planes and just go buy their routes anyways

Two hidden things that will damage your career long term 1. “Grabbing drinks” as the basis for any social interaction. 2. Playing golf during work hours. The highest achievers rarely recommend either. They are too busy doing real work

Would I move to San Diego? No. Too many people with perfect hair, great bodies, but somehow have zero urgency? Everyone looks elite, but no one’s in a rush to do anything. Feels like a permanent Sunday afternoon lol. Fun to visit. Dangerous to stay. Very cool city though!

92 year old seller - still very sharp First thing I did is ask if she had family close and make sure they were in the meeting I could have swiped a lot of equity, but then I would have to look in the mirror and sleep at night What I have noticed about older sellers they have price anchored to a value long past and they cant imagine what current market value of their house is. They bought for $48k they made $18k a year in income, they stopped being active in trading and knowledge 20 years prior and cant imagine how a person might have $1mm to buy their house and how incomes are $200k This is why its so easy for wholesalers to swipe equity from older sellers. I believe in doing the right thing for others We made an offer based on our desired ROI and profit which Ive shown 4 examples this week. Not more, not less. Same offer we make to experienced sellers Open, transparent, honest, do the right thing, pray and trust God. 3 flips and 3 brokerage deals this year so far - haven't prospected once. btw - person who gave us this lead called this a "hoarder home" this is NOT a hoarder home

The skill that will set you apart as a real estate investor: The ability to make good decisions with limited information. Most operators freeze when the picture is not clear. They wait for more data, more certainty, more consensus. Markets do NOT reward that kind of patience. The window closes before the fog lifts. This is what I've trained myself to do: 1. separate what I know from what I am assuming 2. weigh the downside 3. move decisively (we don't want to be reckless) In a fast-moving market, the ability to act under ambiguity is a real edge.

Men only: Do you think you could beat prime Rounda Rousey (5’7 135lbs ufc champ) in a fight?