Tory Sheffer

If you can find Midwest apartments, I’ll pay you. Fee, piece of the GP, or both — we’ve done all three. Buybox: - Suburban Multifamily - $2–25M - 30–200 units - Class C+ to A- - Value-add - $70k+ income, $300k+ home value zip codes - Markets: Detroit, Grand Rapids, Indianapolis, Cincinnati Buying all cash, up to $25M

@fortworthchris All time legend.

Tomorrow I sit down with JB Mauney, the greatest bull rider of all time.

@nickgraynews Hero

be me wake up 5am can't sleep walk to get coffee streets empty very peaceful quiet on the walk smell something nice a familiar smell on Barton Springs Rd "reminds me of India! little street fires" a comforting smell wait street fire in Texas bad walk faster find source of smell a little run now I can see flames, take out phone call 911 track to behind abandoned building entire backyard on fire tell 911 "um yes come fast pls" fire creeping onto building first truck appears I direct them to scene surprisingly they do not ask me to help citizen reporter Nick Gray no thanks needed just doing my duty

@kaylanknit Should be specific forms outlining contracts that the buyer will be assuming. Anything not specifically listed and signed off by the buyer is a dead contract and seller has to deal with dissolving. Just dealt with this on a property we bought in January.

#retwit I need your help! Closed on a deal about a month ago. We reached out to all service providers and 3rd parties and let them know there was new ownership. Specifically told the lawn service group we wouldn’t be needing their services. Old ownership decided to hire this lawn group and put themselves on a payment plan for 5 installments and is now saying we are required to pay $2,000 of the $10,000 contract he signed at the beginning of the season. Am I crazy right now?! 3rd party contracts like lawn care are not assumed by new ownership just because the center sells mid contract and you decided to pay in a payment plan. @jeffenck @realEstateTrent @bethanyjbabcock @Bethazor1 @JaidynCre @jasonwclark @moseskagan @AaronAZucker @bakerbaine @CREgir1

@moseskagan Contractor found a bigger boat

Now it's *$40MM*

@twallyweb Will buy. Sick hats

Selling limited edition hats for $500 a pop

@moseskagan Imagine the size boat of the contractor signing LA contracts with “price expected to increase” in the terms. What a gold mine.

Am 100% confident I could re-build this pool for less than the **$28,000,000** the City of Los Angeles has budgeted.

In an effort to speed up housing renovations and new in-fill development, Detroit Mayor @MsMarySheffield announced a new plan that involves same-day permitting and pre-approved design approvals for new construction crainsdetroit.com/real-estate/de…

@nickrmanes @MsMarySheffield This is incredible. @JamielStrick

@RandallHouseRE The ones losing money are desperate for every dollar. Terrible to deal with. Find the 70 year old guy who’s up 3-5X and an extra 5% is wildly less important.

I have said it before - the target seller right now is not the group who overpaid. They are time wasters. The seller is the owner who has owned for 10yrs & tired of operating real estate. He can make a profit and there is probably upside for the buyer.

@chernobelskiy @moseskagan I signed up! Highly likely I’m in town.

@Torysheffer thanks man!! gotta get together again when you're here, kind of stopped doing those get together but they were fun ... @moseskagan is running one in April if you're around

Website got a makeover recently, what do you guys think?

@rjp0x @RapidResponse47 It’s been legal for a few years. Check out Purelymispearfishing on instagram

@RapidResponse47 Legalize spear fishing for these things. I've been wanting to spearfish in the great lakes for 20 years.

@TimelessArie 1000% leasing.

What would you prioritize as a hire for an in house management company. A great maintenance guy or a killer leasing agent?

@shawngorham Yea a few. 200+ days on market with 15%+ price drops so far. Will see if they materialize for me.

@Torysheffer you seeing deals?

Ive quit Seriously, Ive quit Its sad. All my life Ive been a driver. Always striving for more, bigger, better, faster, new. Then I lost my company in 2017. The company all my identity was wrapped up in. I started having panic attacks, lost all meaning and didnt work for 2 years. Now I just do enough, move to the puck Flip a couple houses, do a couple roofs, do a couple demos, do some Commerical TI, broker a couple houses - its fun - but its how I imagined retirement Im 48, I am not ready to retire, but I live and act as if Dont lose your meaning, dont lose your passion - fight for it. (I have a great life, dont feel bad for me. But its a life below my expectations and capabilities)

@shawngorham Absolutely. My favorites list for a house there is narrowed down to 20. Will be there again the 17th to hopefully make something happen.

@Torysheffer you joining me?

@AKASpencerScott @Replit @amasad @TS_Secrets This is sick

How to NEVER get a 1-Star review again! AI Google review funnel powered by Gmail S/O: @Replit & @amasad for the build S/O: @TS_Secrets for the idea

@twallyweb Looks to be right in the path of geese migration, think of the impacts this could have…

Everyone please wish me luck on tonight’s planning commission

@austin_rief Extremely tax efficient

Don't hate me for losing your money. Thank me for generating capital losses for you.

@Will_Schryver Have to imagine this will absolutely crush

This is wild Private Equity in the home services space should take notice Even Grok overlooked it when first asked if it’s real or not Chick-fil-A is expanding into home services Acrew Home Professionals, created by Red Wagon Ventures (Chick-fil-A subsidiary), offers services from minor repairs to HVAC installation Chick-fil-A aims to bring the same service-first operational excellence to home service I’m sure the technicians will be trained to leave the homeowner with the same “My pleasure” when they’re done with the service call Article found here: @homeprosnews