Matt
309 posts


@PaulSkallas Just got back from London and costs of meals and activities was less expensive than Dallas-where we live, and def less than NYC. Housing is much less expensive than major US markets. And London has free healthcare. And mass transit. And. And. And….
English

Investment Thesis Bingo
SFRs > everyone needs a place to live
Multi > see SFR but with young syndicators
MHPs > see above with “credit tenants”
Industrial > Amazon’s da truth
Office > TI & too many Tenants
MOB > they never leave
Senior Housing > they’re about to leave & silver tsunami
Retail > investments that rarely beat inflation
Data Centers > uh…AI
Storage > Christmas decoration resale opportunity
Land > dirt has huge upside, because it’s dirt
IOS > Land with nicer fencing
Did I miss or mess up one?
GIF
English

@RoyLuis189407 @DonovanBuilds If done right, it could age well and look cool against the black..
English

@DonovanBuilds Side point - that splash of wood will look awful in 10 years
English

@DonovanBuilds @BobinDenver Nice build. I have a landscape company in Dallas and I’m appy to answer any questions and/or point you in the right direction for sourcing plants/planters down there and/or groups that can install it for you. AMA…
English

@lcrothlisberger Sounds like you are crushing your goals this summer as your YoY revenue is up and so is your time spent with your family. #success
English

I have taken a bit of a Twitter hiatus over the summer. I have still been keeping up, but needed a break from doing much posting. Planning on being more consistent in the fall. Here is a quick update:
Still own a small portfolio of storage buildings. Storage has been slow, but relatively steady.
Launched a rolloff dumpster rental business in Feb to add a service business. We are hitting about 12K in revenue a month with 1 truck and 12 dumpsters. Yes, this is tiny, but there is room to grow and places to automate. Plan on posting a lot more about this as I build.
In the process of building a 12K industrial building with plans to add several more in the next year+.
My goal with the dumpster business is to use the cashflow for real estate with the intent to sell business at some point.
I am at a point in my life where I am optimizing for time. This means I am always trying to increase revenue while maintaining a work schedule that allows me to prioritize my family.
English

@matthewsaintcyr @fadedfeedback @girdley Centennial did this redevelopment and is doing it with many of their other assets centennialrec.com
English

@reroutethe23 Love Field parking garage - and I think this same thing every time I am there..
English

@DallasDirtCandy @Johnyalamo Six lane Preston Road and Six lane Beltline weren’t built to be corridors? What were they built to be then? Genuine question…
English

@Johnyalamo Yes but there are already hundreds of apts in the area and more coming and it is a lot of traffic around 5 to 7 when pple come home. This is a corridor that wasn’t built to be a corridor
English

💯But Melissa Kingston’s lecture was interesting. I get what she is saying but if you want to run for Council you gotta listen to the voters and Jaynie set the tone by telling the constituents she didn’t want to hear opinions. You sow what you reap.
🇺🇸JohnyBot🦍👍@Johnyalamo
Looks like Pepper Square is going to pass. The chair says there's been a lot of pressure on everyone including the councilman that he thinks is unnecessary. I agree. But the council person brought this on themselves. This is 1 of the 5 councilman that signed the 5 signature memo as well, not to mention the other Adversarial meetings in the winter. Development is the biggest industry in Dallas. And if our elected leaders (and appointees) don't learn to navigate public sentiment, with developers better, more and more projects will be contentious for @CityOfDallas. Our leaders need to listen first then write memos later instead of the other way around.
English

@TheJSantiago Yes to a few of the larger markets in OH as I think there are some cool areas and growth. And yes in Ark as parts of it are beautiful and growing. No on the others- but I admittedly don’t know them as well as OH and Ark..
English


























