Real Estate Anonymous

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The #1 Podcast for discovering, acquiring, and evaluating Real Estate. Tune in every Wednesday to hear hosts Elliott White, Brett Moss, Eric Weatherholtz, and Michael Girdley break down what's hitting the real estate market. 

Girdley Media


    • Apr 16, 2025 LATEST EPISODE
    • weekly NEW EPISODES
    • 37m AVG DURATION
    • 45 EPISODES


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    Latest episodes from Real Estate Anonymous

    Would You Buy This Google-Leased Building in Venice Beach?

    Play Episode Listen Later Apr 16, 2025 30:42


    Let us know what you think about the showThis week, Elliott, Brett, and Eric take a step back to share who they are and how they each found their way into real estate. Then they dive into the juicy stuff—multifamily foreclosures, retail resilience, and whether it makes sense to buy an office building with binoculars on the front (hint: it might).

    $1M Homes Next Door But $1,900 Rent? Breaking Down This Colorado Deal

    Play Episode Listen Later Apr 10, 2025 29:30


    Let us know what you think about the showWe're headed to Castle Rock, Colorado this week to break down a 60-unit build-to-rent deal that's caught our attention. It sits right between Denver and Colorado Springs, in an area where home prices are pushing $1M — but rents at this property are around $1,900. We dig into what makes this deal interesting, what gives us pause, and the kind of buyer this is really perfect for.Along the way, we get into the pros and cons of build-to-rent as a product type — everything from operational challenges to rent growth assumptions to exit strategy. There's also some lively debate about adding fenced yards, what these units might sell for individually, and whether this location near a Whole Foods and Sprouts changes the narrative.And of course, no episode would be complete without a critical breakdown of the local Mexican restaurant options. We go deep on the best green chile in Castle Rock — and why evaluating local tacos is just as important as evaluating the real estate itself.Advertise with us by clicking here Do you love Real Estate Anonymous and want to see our smiling faces? Subscribe to our Youtube channel. Do you enjoy our content? Rate our show! Follow us on Twitter @RealEstateAnon Learnings about small business acquisitions and operations. For inquiries or suggestions, email us at media@girdley.com

    Breaking Down a 48-Unit Multifamily with Commercial Retail in LA

    Play Episode Listen Later Apr 7, 2025 21:52


    Let us know what you think about the showThis week on Real Estate Anonymous, the crew dives into a funky mixed-use deal in Glendora, California—48 residential units, 30 small-bay commercial spaces, and enough strange vibes to make Tarantino proud. From Route 66 nostalgia to questionable tenant mixes and poolside pulp fiction scenes, we break down what makes this deal weirdly compelling.In this episode, we dig into the Royal Palms in Glendora—a property that feels like a cross between a Quentin Tarantino film set and a Big Lebowski fever dream. We unpack its quirks: questionable zoning, an odd tenant mix, a shady second-floor overhang, and a pool that gets about 30 minutes of sun a day. Plus, we riff on breakfast tacos, Texas Monthly's taco editor, and what it's like owning something that's too weird for institutions but too big for mom-and-pop.Advertise with us by clicking here Do you love Real Estate Anonymous and want to see our smiling faces? Subscribe to our Youtube channel. Do you enjoy our content? Rate our show! Follow us on Twitter @RealEstateAnon Learnings about small business acquisitions and operations. For inquiries or suggestions, email us at media@girdley.com

    The Weirdest Property We've Looked At Yet (LA Edition)

    Play Episode Listen Later Mar 27, 2025 21:52


    Let us know what you think about the showEver wonder what it's like to own a weird, borderline sketchy mixed-use property in LA? In this episode, the REAA crew dives into a funky Glendora deal with 48 apartments, 30 small-bay retail spaces, and major Quentin Tarantino vibes—plus a long detour into the sacred art of the breakfast taco.Ever wonder what it's like to own a weird, borderline sketchy mixed-use property in LA? In this episode, the REAA crew dives into a funky Glendora deal with 48 apartments, 30 small-bay retail spaces, and major Quentin Tarantino vibes—plus a long detour into the sacred art of the breakfast taco.About the Podcast:Real Estate Anonymous is your go-to podcast for offbeat real estate deep dives, unfiltered takes, and laughs that occasionally go completely off the rails. Hosted by Elliott White, Brett Moss, and Eric Weatherholtz, every episode blends serious property analysis with not-so-serious side tangents—from bathrobe-wearing landlords to taco journalism.This week's episode is a perfect mix of all that: a strange-but-intriguing LA property, rent control quirks, cap rate math, and a whole segment on taco culture in Texas (including a guy who gets paid to eat tacos for a living). It's chaotic, it's hilarious, and somehow still informative.Advertise with us by clicking here Do you love Real Estate Anonymous and want to see our smiling faces? Subscribe to our Youtube channel. Do you enjoy our content? Rate our show! Follow us on Twitter @RealEstateAnon Learnings about small business acquisitions and operations. For inquiries or suggestions, email us at media@girdley.com

    123 Unit South Florida Multifamily Investment – Smart Buy or Overpriced?

    Play Episode Listen Later Mar 19, 2025 23:14


    Let us know what you think about the showEver thought about buying real estate in South Florida and living that white-loafer, gold-watch lifestyle? In this episode, we break down a deal in Riviera Beach that looks like a solid buy—but is it really? The guys dig into the numbers, debate whether there's actually a value-add play here, and call out some classic broker tactics that investors need to watch out for.We also take a detour into the Midwest, where Elliott shares a hilarious run-in with an investor who actually listens to the podcast (guess we've made it?). Plus, we dive into the strange one-sided rivalry between the Midwest and coastal cities—why do people in Cleveland think it's just like Boston? Spoiler: It's not.To wrap things up, we talk about how the market is shifting, why brokers are finally being forced to name their prices again, and what that means for buyers. If you love real estate, unfiltered opinions, and a little bit of roasting, this one's for you.Advertise with us by clicking here Do you love Real Estate Anonymous and want to see our smiling faces? Subscribe to our Youtube channel. Do you enjoy our content? Rate our show! Follow us on Twitter @RealEstateAnon Learnings about small business acquisitions and operations. For inquiries or suggestions, email us at media@girdley.com

    $60M Shopping Center in Miami—Buy or Run?

    Play Episode Listen Later Mar 12, 2025 21:23


    Let us know what you think about the showThis week, we're heading to Coral Gables, Miami, to check out a 92,000-square-foot retail center in one of the most prime locations imaginable. Is it a gold mine or a money pit? Plus, Erik shares insights from his Southeast real estate tour, and we take a fun detour into Airbnb chaos and why some investors might regret their choices.

    The Worst Outlet Mall in America? We Have a Crazy Idea for It

    Play Episode Listen Later Mar 5, 2025 34:03


    Let us know what you think about the showThis week on Real Estate Anonymous, we dive into the bizarre and fascinating world of the Laughlin Outlet Center—a 250,000-square-foot retail ghost town in the Nevada desert. Is it a dead mall waiting to be bulldozed, or could it be reborn as the ultimate playground for unhinged entertainment? We brainstorm the most ridiculous, yet somehow plausible, ways to turn this desolate retail space into a destination of debauchery. From casinos to chaos, we're talking adaptive reuse like you've never heard before.Advertise with us by clicking here Do you love Real Estate Anonymous and want to see our smiling faces? Subscribe to our Youtube channel. Do you enjoy our content? Rate our show! Follow us on Twitter @RealEstateAnon Learnings about small business acquisitions and operations. For inquiries or suggestions, email us at media@girdley.com

    Would You Buy This $4.5M Texas Golf & Bar Business?

    Play Episode Listen Later Feb 13, 2025 39:01


    Let us know what you think about the showEver thought about owning a golf-driven entertainment empire? In this episode, we analyze a wild $4.5M real estate deal in Campbell, Texas—a driving range, mini golf, bars, and endless potential. Is this a smart investment or just a really fun hangout spot? We break down the business model, revenue streams, hidden opportunities, and the risks investors need to consider.Key Points in This Episode:✅ Golf + Bars = Profitable Business? Breaking down the revenue model✅ Why Big Investors Ignore Deals Like This—And Why You Shouldn't✅ The Hidden Land Play: How 26 acres could offer a future windfall✅ Creative Revenue Ideas: Halloween events, pickleball courts, and more✅ Would You Buy This? Our final verdict on the dealAdvertise with us by clicking here Do you love Real Estate Anonymous and want to see our smiling faces? Subscribe to our Youtube channel. Do you enjoy our content? Rate our show! Follow us on Twitter @RealEstateAnon Learnings about small business acquisitions and operations. For inquiries or suggestions, email us at media@girdley.com

    We Found a $5M Real Estate Play – Would You Buy It?

    Play Episode Listen Later Jan 30, 2025 35:01


    Let us know what you think about the showSavannah real estate is heating up, and in this episode, we're breaking down an intriguing office-retail deal in the heart of the city. We talk market trends, investment potential, and, of course, a few classic Real Estate Anonymous tangents along the way!In this episode, we're diving into a two-property office and retail portfolio in Savannah, GA. We discuss what makes this deal interesting, the path of progress in the market, and whether it's a smart buy at the asking price. Along the way, we cover everything from quirky zoning considerations to Savannah's incredible transformation thanks to the Savannah College of Art and Design. Plus, we throw in some colorful real estate war stories because, well, it wouldn't be Real Estate Anonymous without them!Advertise with us by clicking here Do you love Real Estate Anonymous and want to see our smiling faces? Subscribe to our Youtube channel. Do you enjoy our content? Rate our show! Follow us on Twitter @RealEstateAnon Learnings about small business acquisitions and operations. For inquiries or suggestions, email us at media@girdley.com

    Build-for-Rent Real Estate: Breaking Down a $9.9M Deal in Tampa

    Play Episode Listen Later Jan 24, 2025 30:56


    Let us know what you think about the showIn this week's episode of Real Estate Anonymous, we dive into a 34-unit build-for-rent deal in East Tampa, discussing its challenges, pricing strategy, and potential value. Plus, Elliott shares his hilarious travel adventures and how his life on the road feels like “Groundhog Day.”

    The Truth About Affordable Housing in Austin

    Play Episode Listen Later Jan 15, 2025 44:44


    Let us know what you think about the showAffordable housing: problem or puzzle?

    Lake Tahoe's Hidden Real Estate Goldmine

    Play Episode Listen Later Jan 9, 2025 41:20


    Let us know what you think about the showThis week on Real Estate Anonymous, we're breaking down a unique Lake Tahoe property with lakefront views, glamping vibes, and major redevelopment potential. We chat pricing, marketing, and what happens when billionaires enter the game—all with plenty of laughs and real estate banter.Sponsored by Finresi:Big thanks to Finresi for sponsoring this episode! Want real estate returns without the hassle? Finresi helps you earn 10-12% with private real estate debt—no tenants, no maintenance. Check them out at https://www.finresi.com.About Real Estate Anonymous:Welcome to Real Estate Anonymous, where three "dumb guys" tackle the chaos of real estate. Hosted by Elliott White, Brett Moss, and Eric Weatherholtz, this show mixes humor and insight as they explore real-life deals, off-market finds, and redevelopment projects. It's real estate with less fluff and more fun.Advertise with us by clicking here Do you love Real Estate Anonymous and want to see our smiling faces? Subscribe to our Youtube channel. Do you enjoy our content? Rate our show! Follow us on Twitter @RealEstateAnon Learnings about small business acquisitions and operations. For inquiries or suggestions, email us at media@girdley.com

    Betting on long beach real estate?

    Play Episode Listen Later Jan 2, 2025 35:54


    Let us know what you think about the showThis week on Real Estate Anonymous, we break down a 4,300-square-foot retail property in Long Beach and share our take on whether the price tag makes sense.First, we dive into Elliott's Boston crew and the chaos at the Nantucket Christmas Stroll. From boozy Santa suits to $50,000-a-week rentals, it's a stroll you won't forget. Oh, and somehow, we even connect cannabis stores to STDs—don't ask, just listen!About the Podcast:Real Estate Anonymous takes you behind the deals, the data, and the humor of the commercial real estate world. Hosts Elliott White, Eric Weatherholtz, and Brett Moss bring their expertise and playful banter to discussions about everything from retail investments to market trends.Advertise with us by clicking here Do you love Real Estate Anonymous and want to see our smiling faces? Subscribe to our Youtube channel. Do you enjoy our content? Rate our show! Follow us on Twitter @RealEstateAnon Learnings about small business acquisitions and operations. For inquiries or suggestions, email us at media@girdley.com

    How to Navigate Rent Control and Real Estate Challenges in San Francisco

    Play Episode Listen Later Dec 18, 2024 47:00


    Let us know what you think about the showThis week on Real Estate Anonymous, we're tackling a wild one: a 33-unit multifamily property in San Francisco that's equal parts opportunity and chaos. Think rent control nightmares, a parking lot with no easement, and a city with more red tape than sense.Joining us is Andrew Jeffrey, a seasoned investor who's spent years wading through the ups and downs of San Francisco's real estate market. From tenant buyouts that feel more like hostage negotiations to finding hidden value in one of the country's most misunderstood cities, Andrew breaks down why he's still willing to play this high-stakes game.Highlights:- Rent Control Roulette: When your tenants pay 1980s rent, but your expenses are stuck in 2024.- No Easement, No Problem? How a parking lot could make or break this deal.- Why San Francisco? Fighting through the noise to find overlooked opportunities.- The Tenant Game: Buyouts, bureaucracy, and navigating city politics like a pro.Advertise with us by clicking here Do you love Real Estate Anonymous and want to see our smiling faces? Subscribe to our Youtube channel. Do you enjoy our content? Rate our show! Follow us on Twitter @RealEstateAnon Learnings about small business acquisitions and operations. For inquiries or suggestions, email us at media@girdley.com

    Buying Storage Facilities in Texas—Good Idea or Gravel Pit?

    Play Episode Listen Later Nov 20, 2024 46:56


    Let us know what you think about the showWelcome back to another episode of Real Estate Anonymous! This week, we dive deep into a deal in Midlothian, Texas—an outdoor storage facility with some interesting challenges and opportunities. Join Elliott, Brett, Eric, and our guest Adam Deermount as we explore whether this gravel-lot investment is worth the price.

    Multifamily Real Estate Investment: Is Abilene, Texas a Good Opportunity for Investors?

    Play Episode Listen Later Nov 14, 2024 41:54


    Let us know what you think about the showIn Episode 30 of Real Estate Anonymous, the team takes a deep dive into a multifamily portfolio opportunity in Abilene, Texas. Join us as we discuss the critical factors that make or break an investment in tertiary markets, focusing on cash yields, the potential (and limits) of value-add strategies, and the impact of today's interest rates on real estate pricing. We also analyze how location plays a role in market performance, why vintage properties might appeal to certain investors, and examine the nuances of underwriting in secondary and tertiary markets.Key highlights:- Market Dynamics: Explore how the Texas rental market has shifted due to increased development and affordability.- Risk vs. Reward: Understand why institutional buyers are now favoring newer properties, and what opportunities remain in older assets.- Location, Location, Location: We break down the importance of choosing the right property basis in smaller markets like Abilene, where there is a clear ceiling on achievable rents.- Investment Strategies: A detailed look at cash-on-cash return expectations, long-term holding strategies, and the hidden risks of betting on appreciation in tertiary locations.Don't miss the insightful (and humorous) commentary on navigating rent comps, broker tactics, and why underwriting cautiously is critical in today's economic climate. Tune in for an in-depth analysis that's as informative as it is entertaining!Advertise with us by clicking here Do you love Real Estate Anonymous and want to see our smiling faces? Subscribe to our Youtube channel. Do you enjoy our content? Rate our show! Follow us on Twitter @RealEstateAnon Learnings about small business acquisitions and operations. For inquiries or suggestions, email us at media@girdley.com

    Why This 70,000-Sq-Ft Retail Center Could Be the Perfect Long-Term Investment

    Play Episode Listen Later Nov 6, 2024 34:51


    Let us know what you think about the showIn Episode 29 of Real Estate Anonymous, we dive deep into the Peachtree City retail market, exploring an intriguing 70,000-square-foot retail center just south of Atlanta. Eric, Brett, and Elliott provide an in-depth analysis on why this property is positioned for long-term value, especially for investors looking for stability in uncertain markets.Key Highlights:- Prime Location: Discover why Peachtree City—a planned suburb known for its golf cart culture and upper-income demographics—provides a unique environment for retail investment.- Tenant Mix and Stability: This isn't your typical strip mall. With a blend of local businesses and destination spots like restaurants and urgent care clinics, this center has a diverse tenant base with low vacancy risk. Learn why smaller tenants offer more flexible leasing terms and faster turnover, minimizing vacancy periods and maximizing occupancy.- Market Dynamics and Competitive Advantage: Unlike typical big-box retail, this property offers destination retail that's less vulnerable to e-commerce disruption. Surrounded by high-demand retail like Lululemon and Sephora, this center is poised to benefit from a mix of consumer traffic and upscale demand.- Future Growth and Inflation Protection: As Atlanta continues its expansion, Peachtree City's value is expected to rise. We discuss why locking in at today's prices could give investors an edge as rents climb with the market over the next decade.Beyond the property's financials, we also delve into the macroeconomic factors affecting today's deals. From interest rate volatility to S&P trends, we examine how broader market shifts impact real estate decisions.For anyone considering retail investment or looking to understand today's suburban retail trends, this episode offers actionable insights from seasoned investors. Join us as we vote on whether this Peachtree City gem is worth adding to your portfolio—and why it might be the ideal opportunity for the right buyer.Advertise with us by clicking here Do you love Real Estate Anonymous and want to see our smiling faces? Subscribe to our Youtube channel. Do you enjoy our content? Rate our show! Follow us on Twitter @RealEstateAnon Learnings about small business acquisitions and operations. For inquiries or suggestions, email us at media@girdley.com

    The $3.6M Charleston Property Dilemma – Would You Take the Risk?

    Play Episode Listen Later Oct 30, 2024 37:30


    Let us know what you think about the showIn this episode, Elliot White, Eric Weatherholts, and Brett Moss dive into a real estate opportunity in Charleston, SC, exploring an adaptive reuse project with lots of potential – and even more challenges. - Charleston's Market Potential – Why Charleston is hot for investors but comes with big price tags.- Historic Building Hurdles – With roots going back to 1838, this property has a protected façade that complicates any big changes.- Financial Reality Check – At $3.6 million, the numbers are tight. Can potential rental income really justify the cost?- Respecting the ‘Real Estate Gods' – A look at superstitions in real estate and why humility matters in tough deals.- Insider Tricks & Local Expertise – From reading property flyers to understanding local zoning, the guys highlight the strategies that make or break deals in Charleston's unique market.It's a deep dive into the highs, lows, and risks of this Charleston investment. Is it worth the gamble? Listen in to hear the team's verdict!Advertise with us by clicking here Do you love Real Estate Anonymous and want to see our smiling faces? Subscribe to our Youtube channel. Do you enjoy our content? Rate our show! Follow us on Twitter @RealEstateAnon Learnings about small business acquisitions and operations. For inquiries or suggestions, email us at media@girdley.com

    The Secrets to Profiting from Self-Storage and Parking Lot Investments

    Play Episode Listen Later Oct 24, 2024 52:28


    Let us know what you think about the showWelcome back to another episode of Real Estate Anonymous, where dumb guys talk smart real estate. This week, Andrew Schaper joins us to break down his playbook for transforming parking lots and outdoor storage into a profitable asset class, also known as iOS (Industrial Outdoor Storage). From RV and boat storage to strategic real estate development, Andrew shares how he and his team are turning dirt into dollars.

    Exploring Frank Lloyd Wright's Only Skyscraper: The Price Tower Story

    Play Episode Listen Later Oct 16, 2024 41:08


    Let us know what you think about the showIn this episode, we dive into an extraordinary property located in Bartlesville, Oklahoma—a 19-story office building designed by the iconic architect Frank Lloyd Wright. Known for his innovative designs, Wright's influence is evident in this 1956 building, standing tall at 50,000 square feet. It's a unique mix of art deco and mid-century modern styles, reminiscent of a Manhattan skyscraper, though it sits in the heart of America's plains.Originally commissioned by oil magnate Harold C. Price, this architectural marvel is a striking oddity in Bartlesville, constructed during the mid-20th century boom. The tower's small office floor plans pose both challenges and opportunities for future adaptive reuse—whether as an art center, residential condos, or even a unique museum.Join us as we discuss the potential of this historical gem and brainstorm creative ways to revitalize such an incredible structure.Advertise with us by clicking here Do you love Real Estate Anonymous and want to see our smiling faces? Subscribe to our Youtube channel. Do you enjoy our content? Rate our show! Follow us on Twitter @RealEstateAnon Learnings about small business acquisitions and operations. For inquiries or suggestions, email us at media@girdley.com

    Healthcare Real Estate Explained: Medical Office Building Investment Strategies

    Play Episode Listen Later Oct 2, 2024 48:45


    Let us know what you think about the showIn this episode of Real Estate Anonymous, hosts Brett Moss, Eric Weatherholtz, Eliott White and Matt Lasky dive deep into the world of medical office buildings, focusing on a 150,000-square-foot property in Arlington, Virginia. They explore the value-add potential of the building, which is 67% occupied after a significant renovation. From parking constraints to leasing challenges and capital-intensive tenant improvements, the episode covers the complexities of investing in medical office spaces. Whether you're new to healthcare real estate or a seasoned investor, this episode provides critical insights into navigating the niche market of medical office properties.Key Points Discussed:1. Medical Office Building Breakdown – Analyzing the 150,000-square-foot property, its location, and value-add potential.2. Challenges in Medical Real Estate – From parking issues to specialized tenant improvements, the hosts discuss the hurdles in operating medical office buildings.3. Tenant Synergies and Mix – Why tenant referrals and patient experience are crucial in healthcare real estate.4. Capital-Intensive Operations – Understanding the costs of tenant improvements and long-term lease commitments in medical office buildings.5. Market Dynamics in Healthcare Real Estate – Why deep local knowledge and connections can make or break an investment in this space.Follow Matt's journey on Twitter: https://x.com/MattLaskyAdvertise with us by clicking here Do you love Real Estate Anonymous and want to see our smiling faces? Subscribe to our Youtube channel. Do you enjoy our content? Rate our show! Follow us on Twitter @RealEstateAnon Learnings about small business acquisitions and operations. For inquiries or suggestions, email us at media@girdley.com

    Luxury for Fun, Not Profit: Inside Park City's $30 Million Hotel - REA EP 24

    Play Episode Listen Later Sep 25, 2024 37:12


    Let us know what you think about the showIn this episode of Real Estate Anonymous, we dig into the fascinating world of luxury real estate with a deep dive into a high-end hotel in Park City, Utah. This unique property comes with a hefty $30 million price tag, leaving our hosts Elliot White, Eric Westervelt, Brett Moss, and special guest Antonio Becerra wondering: Is this an investment opportunity or just a pricey toy for the ultra-rich? We explore everything from the financials, the risks, and the challenges of running a boutique hotel in a high-barrier market like Park City. Tune in to hear why wealthy buyers might pay millions for a break-even business and what it takes to operate such a property.Key Points Discussed:1. Park City's Luxury Real Estate Landscape – Why boutique hotels in affluent ski towns like Park City command astronomical prices.2. Operational Challenges – From seasonal occupancy to historic renovations, learn the complexities of running a boutique hotel.3. Investment vs. Toy – The psychology behind wealthy buyers purchasing luxury properties that don't always make financial sense.4. Market Dynamics – How Park City's barriers to new development affect property values and investment potential.5. Ownership and Management – Understanding the requirements for running a hotel, including conditional use permits and owner-occupied stipulations.Advertise with us by clicking here Do you love Real Estate Anonymous and want to see our smiling faces? Subscribe to our Youtube channel. Do you enjoy our content? Rate our show! Follow us on Twitter @RealEstateAnon Learnings about small business acquisitions and operations. For inquiries or suggestions, email us at media@girdley.com

    Investing in Distressed Debt: Strategies for Real Estate Investors - REA EP 23

    Play Episode Listen Later Sep 18, 2024 44:30


    Let us know what you think about the showIn this episode of Real Estate Anonymous, we sit down with Kyle O'Hehir, also known as the "Debt Detective," to delve into the intricate world of distressed debt, buying loans, and turning liabilities into profits. Kyle shares his journey from hedge funds to the complex, high-stakes game of loan acquisition. Along with hosts Eric Weather Holtz and Brett Moss, they explore how to sniff out distressed assets, navigate legal complexities, and thrive in the world of real estate debt. This episode is packed with insider tips for anyone curious about the strategies behind buying distressed debt.Key Points Discussed:1. Distressed Debt Strategy – Kyle's unique approach to finding and acquiring distressed loans and turning them into opportunities.2. Legal Complexities – Why buying debt means stepping into a legal minefield and how to manage litigation risks.3. Residential vs. Commercial – Why Kyle avoids residential properties and focuses on commercial deals in the world of debt acquisition.4. Market Insights – The team breaks down how the distressed debt landscape has shifted in the last year and what investors need to know.5. Real-life Case Studies – Kyle shares examples of distressed debt deals, including risks, rewards, and lessons learned.Advertise with us by clicking here Do you love Real Estate Anonymous and want to see our smiling faces? Subscribe to our Youtube channel. Do you enjoy our content? Rate our show! Follow us on Twitter @RealEstateAnon Learnings about small business acquisitions and operations. For inquiries or suggestions, email us at media@girdley.com

    How to Profit from Mid-Rise Apartments in Secondary Markets - REAA Ep 22

    Play Episode Listen Later Sep 11, 2024 32:56


    Let us know what you think about the showIn this episode of Real Estate Anonymous, the hosts dive deep into a mid-rise apartment complex in Fort Wayne, Indiana. They discuss the challenges of managing properties with dated architecture, small studio units, and the complexities of retail space in residential buildings. The conversation highlights strategies for creating community in multifamily developments, the pitfalls of relying on luxury branding, and the financial realities of affordable housing. The team explores whether this property, built in 1966, can still deliver value in today's market.Key Points Discussed:1. Mid-Rise Apartment Complex Overview - A breakdown of the 354-unit apartment building, its history, and key selling points.2.  Creating Community in Housing - How to foster community engagement and improve tenant retention in older properties.3. Affordable Housing to Market Rate - Exploring the transition from affordable housing to market rate and what investors should look for.4. Investment Risks and Opportunities - The financial considerations and hidden costs of managing older properties in third-tier markets.Advertise with us by clicking here Do you love Real Estate Anonymous and want to see our smiling faces? Subscribe to our Youtube channel. Do you enjoy our content? Rate our show! Follow us on Twitter @RealEstateAnon Learnings about small business acquisitions and operations. For inquiries or suggestions, email us at media@girdley.com

    The Ultimate Guide to Self-Storage Investing with Baird Kleinsmith - REAA Ep 21

    Play Episode Listen Later Sep 4, 2024 48:55


    Let us know what you think about the showIn this episode of Real Estate Anonymous, hosts Elliot White and Eric Weatherhultz head to Roswell, New Mexico, to explore the intriguing world of self-storage with Baird Kleinsmith, the self-proclaimed "Sultan of Storage." Baird shares his journey from fintech to real estate, detailing how he built a micro-empire of self-storage properties in Colorado and New Mexico. The discussion covers the nuances of self-storage as an asset class, the strategies behind managing and optimizing these properties, and the psychology of self-storage renters. Whether you're a seasoned investor or just curious about alternative real estate investments, this episode is packed with valuable insights.Key Points Discussed:1. The Appeal of Self-Storage - Baird's transition from fintech to self-storage and why he sees it as a lucrative asset class.2. Operational Challenges and Opportunities - The complexities and opportunities in managing self-storage properties.3. Market Dynamics - Understanding the self-storage market in Roswell, New Mexico, and how to identify profitable opportunities.4. Risk Management - Strategies for mitigating risks in the self-storage business, including competition and market saturation.Guest Information:Baird Kleinsmith, known as the "Sultan of Storage," is an experienced investor in the self-storage industry, with a portfolio spanning multiple states. - Connect with Baird on Twitter: https://twitter.com/sultanofstorage @SultanofStorage - Connect with Baird on LinkedIn: https://www.linkedin.com/in/bairdkleinsmithAdvertise with us by clicking here Do you love Real Estate Anonymous and want to see our smiling faces? Subscribe to our Youtube channel. Do you enjoy our content? Rate our show! Follow us on Twitter @RealEstateAnon Learnings about small business acquisitions and operations. For inquiries or suggestions, email us at media@girdley.com

    A Unique Airbnb Strategy + A 20-Unit Chicago Headache?

    Play Episode Listen Later Aug 29, 2024 37:59


    Let us know what you think about the showToday's episode has a little bit of everything, from some nontraditional Airbnb ideas to our discussion of the complexities of a 20-unit rental property in Chicago that raises more questions than answers. You're not gonna find these ideas anywhere else. Hope you enjoyAdvertise with us by clicking here Do you love Real Estate Anonymous and want to see our smiling faces? Subscribe to our Youtube channel. Do you enjoy our content? Rate our show! Follow us on Twitter @RealEstateAnon Learnings about small business acquisitions and operations. For inquiries or suggestions, email us at media@girdley.com

    Detroit Real Estate is Having Comeback: Is It Time To Invest?

    Play Episode Listen Later Aug 21, 2024 52:14


    Let us know what you think about the showIn this episode, we're talking about Detroit's comeback. The city's been through a lot, but now there's buzz about a revival. Is it worth the hype? We break down what's happening in Detroit, the investment opportunities, and whether it's a smart move to get in now. Thanks to this episode sponsor: Bullpen is the workforce behind the commercial real estate industry, connecting CRE experts and companies for full-time, part-time, and hourly contract work.From freelancers to full-time team members, Bullpen makes it easy to hire commercial real estate experts.Go check bullpenre.com to get started.Advertise with us by clicking here Do you love Real Estate Anonymous and want to see our smiling faces? Subscribe to our Youtube channel. Do you enjoy our content? Rate our show! Follow us on Twitter @RealEstateAnon Learnings about small business acquisitions and operations. For inquiries or suggestions, email us at media@girdley.com

    A South Florida Marina & RV Park Combo for Sale - FT Gelena Wasserman

    Play Episode Listen Later Aug 14, 2024 36:56


    Let us know what you think about the showIn this episode, we're diving into a South Florida marina and RV park that's up for grabs, with special guest Gelena Wasserman joining the discussion. We break down the key numbers and explore what makes this property unique—or potentially problematic. From sea level concerns to insurance issues, our hosts and Gelena share their insights on whether this deal is a smart buy or a tough sell.  Thanks to this episode sponsor: Bullpen is the workforce behind the commercial real estate industry, connecting CRE experts and companies for full-time, part-time, and hourly contract work.From freelancers to full-time team members, Bullpen makes it easy to hire commercial real estate experts.Go check bullpenre.com to get started.Advertise with us by clicking here Do you love Real Estate Anonymous and want to see our smiling faces? Subscribe to our Youtube channel. Do you enjoy our content? Rate our show! Follow us on Twitter @RealEstateAnon Learnings about small business acquisitions and operations. For inquiries or suggestions, email us at media@girdley.com

    Is This Florida Multifamily YOUR Next Big Real Estate Investment?

    Play Episode Listen Later Aug 7, 2024 50:21


    Let us know what you think about the showIn this episode, we break down a Florida multifamily property deal, chatting about everything from high insurance costs to managing scattered sites. We dive into how neighborhood perks can affect property value, who might be interested in buying it, and the role of foreign investment. With a mix of humor and honest opinions, Elliott, Brett, Eric, and our special guest Moses Kagan offer their take on whether this property is worth a look. Thanks to this episode sponsor: Bullpen is the workforce behind the commercial real estate industry, connecting CRE experts and companies for full-time, part-time, and hourly contract work.From freelancers to full-time team members, Bullpen makes it easy to hire commercial real estate experts.Go check bullpenre.com to get started.Advertise with us by clicking here Do you love Real Estate Anonymous and want to see our smiling faces? Subscribe to our Youtube channel. Do you enjoy our content? Rate our show! Follow us on Twitter @RealEstateAnon Learnings about small business acquisitions and operations. For inquiries or suggestions, email us at media@girdley.com

    Buying an Executive Tower in New Orleans: Deal or No Deal?

    Play Episode Listen Later Jul 31, 2024 38:06


    Let us know what you think about the showIn this episode of Real Estate Anonymous, we're taking a close look at a potential buy: an executive tower in New Orleans. This property sits in a lively area with great amenities like Whole Foods and Trader Joe's. But, before you get too excited, we also dig into the challenges, like high upkeep costs and competition from newer buildings. Is this a smart investment or a risky gamble? Join us for a chat about the ups and downs of this deal, and get some tips on what to consider if you're thinking about getting into a property like this.Thanks to this episode sponsor: Bullpen is the workforce behind the commercial real estate industry, connecting CRE experts and companies for full-time, part-time, and hourly contract work.From freelancers to full-time team members, Bullpen makes it easy to hire commercial real estate experts.Go check bullpenre.com to get started.Advertise with us by clicking here Do you love Real Estate Anonymous and want to see our smiling faces? Subscribe to our Youtube channel. Do you enjoy our content? Rate our show! Follow us on Twitter @RealEstateAnon Learnings about small business acquisitions and operations. For inquiries or suggestions, email us at media@girdley.com

    Florida RV Park Investment: Casitas, Cap Rates, and Wild Ideas

    Play Episode Listen Later Jul 24, 2024 41:27


    Let us know what you think about the showIn this episode, Elliott White, Brett Moss, and Eric dive into the wild world of Florida RV parks. They chat about cash flow, luxury RV casitas, and even joke about turning RV parks into cemeteries or swinger resorts. Brett goes full "Florida man" with talk of gold chains and alligator mini golf, while Eric questions the investment's potential. Tune in for a fun and offbeat take on a unique real estate deal. Advertise with us by clicking here Do you love Real Estate Anonymous and want to see our smiling faces? Subscribe to our Youtube channel. Do you enjoy our content? Rate our show! Follow us on Twitter @RealEstateAnon Learnings about small business acquisitions and operations. For inquiries or suggestions, email us at media@girdley.com

    Should We Bid $15M to Get This Santa Barbara Icon?

    Play Episode Listen Later Jul 17, 2024 32:33


    Let us know what you think about the showIn this episode, Elliott and Eric explore an exciting auction deal for a real estate opportunity in Santa Barbara, which is a little bit of everything.They talked about the challenges and potential of redeveloping the site, from gutting the interiors to dealing with political and construction hurdles. Elliott shares his ideas for transforming the property, preserving the beautiful exterior while creating a stunning new interior. Eric highlights the risks and rewards of bidding in an auction and offers smart strategies to get the best price. And brainstorm possibilities for the property, like turning it into a top-tier boutique hotel or a luxurious residence. Advertise with us by clicking here Do you love Real Estate Anonymous and want to see our smiling faces? Subscribe to our Youtube channel. Do you enjoy our content? Rate our show! Follow us on Twitter @RealEstateAnon Learnings about small business acquisitions and operations. For inquiries or suggestions, email us at media@girdley.com

    Newbury Street Boston Real Estate Opportunity: A 24-Unit Mixed-Use Property

    Play Episode Listen Later Jul 10, 2024 39:24


    Let us know what you think about the showIn this episode, we review a great real estate opportunity with us on Newbury Street in Boston. This location is a real winner. It's incredibly cool and irreplaceable. When you think about prime locations, this one stands out.We're diving into a 24-unit mixed-use property, chatting about cap rates, retail rents, and why this spot is so special in Boston's real estate scene. So tune in for a great episode.Advertise with us by clicking here Do you love Real Estate Anonymous and want to see our smiling faces? Subscribe to our Youtube channel. Do you enjoy our content? Rate our show! Follow us on Twitter @RealEstateAnon Learnings about small business acquisitions and operations. For inquiries or suggestions, email us at media@girdley.com

    We Say YES to this Charlotte130,000 Sq Ft Opportunity

    Play Episode Listen Later Jul 3, 2024 36:52


    Send us a Text Message.This episode is magic. We found property in South End, Charlotte, with old industrial buildings.As Eric said: "When someone tells you they have a property for sale in South End Charlotte, your answer is yes, please. But then it's how much"We talked about converting these spaces into trendy retail or entertainment spots. The location is cool but may be far from the main attractions. Some challenges include high property taxes, conversion costs, and parking needs.So tune in for a great episode.Advertise with us by clicking here Do you love Real Estate Anonymous and want to see our smiling faces? Subscribe to our Youtube channel. Do you enjoy our content? Rate our show! Follow us on Twitter @RealEstateAnon Learnings about small business acquisitions and operations. For inquiries or suggestions, email us at media@girdley.com

    Is this $11.2 Million Student Housing Deal in Georgia Worth It?

    Play Episode Listen Later Jun 26, 2024 43:07


    Send us a Text Message.In this episode of our Real Estate Anonymous, we go through the details of an $11.2 million student housing deal in Georgia. We discuss the prime location near multiple universities, the property's impressive 99% occupancy rate, and its potential for high ROI. Enjoy itAdvertise with us by clicking hereDo you love Real Estate Anonymous and want to see our smiling faces? Subscribe to our Youtube channel.Do you enjoy our content? Rate our show!Follow us on Twitter @RealEstateAnon Learnings about small business acquisitions and operations.For inquiries or suggestions, email us at media@girdley.comAdvertise with us by clicking here Do you love Real Estate Anonymous and want to see our smiling faces? Subscribe to our Youtube channel. Do you enjoy our content? Rate our show! Follow us on Twitter @RealEstateAnon Learnings about small business acquisitions and operations. For inquiries or suggestions, email us at media@girdley.com

    Shopping Mall in Pennsylvania: The WORST Real Estate Deal We've Ever Seen

    Play Episode Listen Later Jun 19, 2024 42:30


    Send us a Text Message.In this episode, we explore different ideas for redeveloping an 83-acre mall in Washington, PA. We considered options like housing, industrial use, and a nostalgic 1980s-themed mall. Tune in to hear creative suggestions and insights on how to give this property a new purpose.Advertise with us by clicking here Do you love Real Estate Anonymous and want to see our smiling faces? Subscribe to our Youtube channel. Do you enjoy our content? Rate our show! Follow us on Twitter @RealEstateAnon Learnings about small business acquisitions and operations. For inquiries or suggestions, email us at media@girdley.com

    This Buckhead Dive Bar Could Be Worth $20 Million

    Play Episode Listen Later Jun 12, 2024 30:05


    Today we discuss a potential $20 million real estate investment in Buckhead, involving a 20,000-square-foot property with current tenants like hookah lounges. Significant investment is needed to attract premium tenants such as Lululemon or Trader Joe's. The property's valuable billboard lease requires careful consideration. Great episode overall. Tune in and enjoyAdvertise with us by clicking hereDo you love Real Estate Anonymous and want to see our smiling faces? Subscribe to our Youtube channel.Do you enjoy our content? Rate our show!Follow us on Twitter @RealEstateAnon Learnings about small business acquisitions and operations.For inquiries or suggestions, email us at media@girdley.comAdvertise with us by clicking here Do you love Real Estate Anonymous and want to see our smiling faces? Subscribe to our Youtube channel. Do you enjoy our content? Rate our show! Follow us on Twitter @RealEstateAnon Learnings about small business acquisitions and operations. For inquiries or suggestions, email us at media@girdley.com

    NC's Next Big Real Estate Opportunity: Multifamily & Hotels - EP 08

    Play Episode Listen Later Jun 5, 2024 35:32


    In this episode, we discuss a potential development opportunity involving multifamily housing and a hotel in North Carolina. We analyze the location's advantages, market demand, challenges, and conduct a rough valuation exercise. If you're into real estate or just love a good business story, tune in and enjoy our showAdvertise with us by clicking here Do you love Real Estate Anonymous and want to see our smiling faces? Subscribe to our Youtube channel. Do you enjoy our content? Rate our show! Follow us on Twitter @RealEstateAnon Learnings about small business acquisitions and operations. For inquiries or suggestions, email us at media@girdley.com

    Car Wash for Sale in New York. Business or Real Estate Deal?

    Play Episode Listen Later May 29, 2024 28:15


    Welcome to Real Estate Anonymous Episode 7! Brett Moss, Eric Weatherholtz, and Elliot White are visiting New York to check out a Car Wash for sale.  The question is- is this a real estate deal or business deal?Tune in below!

    Should You Buy This Iconic Miami Office Building?

    Play Episode Listen Later May 22, 2024 24:42


    Welcome to Real Estate Anonymous Episode 6! Brett Moss, Eric Weatherholtz, and Elliot White are visiting Miami to inspect an iconic office building off Biscayne Boulevardevard. Tune in below!Thanks to our friends at Re Cost Seg for sponsoring today's episode. They are the premier provider of cost segregation studies. Founded by serial entrepreneur and CPA Mitchell Baldridge, RE Cost Seg is revolutionizing how investors approach taxes and cash flow on their properties. Are you tired of watching your hard-earned money go toward hefty tax bills? If you own an investment property, a cost segregation study from RE Cost Seg could help you save significantly on your taxes and keep more of your real estate income.Their expert engineers dive deep into your property, uncovering opportunities for accelerated depreciation across every investment property type, from single-family rentals to large commercial properties. Check them out: REcostseg.com/REApod. 

    Build for Rent Opportunity Near Savannah, GA

    Play Episode Listen Later May 15, 2024 47:38


    Welcome to Real Estate Anonymous Episode 5! We have Brett Moss, Eric Weatherholtz, and Elliot White this week. The hosts dive into a build-for-rent play in Savannah, GA. Unfortunately- there are no buyers for this deal from the host's perspective. Tune in below!Thanks to our friends at Re Cost Seg for sponsoring today's episode. They are the premier provider of cost segregation studies. Founded by serial entrepreneur and CPA Mitchell Baldridge, RE Cost Seg is revolutionizing how investors approach taxes and cash flow on their properties. Are you tired of watching your hard-earned money go toward hefty tax bills? A cost segregation study from RE Cost Seg could help you save significantly on your taxes and keep more of your real estate income if you own an investment property.Their expert engineers dive deep into your property, uncovering opportunities for accelerated depreciation across every investment property type, from single-family rentals to large commercial properties. Check them out: REcostseg.com/REApod. 

    Multi-Family in Jacksonville that scares everyone

    Play Episode Listen Later May 8, 2024 45:46


    Welcome to Real Estate Anonymous Episode 4! This week, we have Michael Girdley, Brett Moss, Eric Weatherholtz, and Elliot White. They broke down a multi-family space in Jacksonville, which gives everyone a pause. Tune in below!Thanks to our friends at Re Cost Seg for sponsoring today's episode. They are the premier provider of cost segregation studies. Founded by serial entrepreneur and CPA Mitchell Baldridge, RE Cost Seg is revolutionizing how investors approach taxes and cash flow on their properties. Are you tired of watching your hard-earned money go toward hefty tax bills? A cost segregation study from RE Cost Seg could help you save significantly on your taxes and keep more of your real estate income if you own an investment property.Their expert engineers dive deep into your property, uncovering opportunities for accelerated depreciation across every investment property type, from single-family rentals to large commercial properties. Check them out: REcostseg.com/REApod. 

    Sticker shock for a Creative Space for $55mm in Venice Beach, CA

    Play Episode Listen Later May 1, 2024 32:33


    Welcome to Real Estate Anonymous Episode 3! This week, we have Michael Girdley, Eric Weatherholtz, and Elliot White. Eric brings us a fascinating deal based in Venice, CA. It's a creative space that used to be Snapchat's world headquarters and is listed for $55 million. Tune in below!Thanks to our friends at Re Cost Seg for sponsoring today's episode. They are the premier provider of cost segregation studies. Founded by serial entrepreneur and CPA Mitchell Baldridge, RE Cost Seg is revolutionizing how investors approach taxes and cash flow on their properties. Are you tired of watching your hard-earned money go toward hefty tax bills? If you own an investment property, a cost segregation study from RE Cost Seg could help you save significantly on your taxes and keep more of your real estate income.Their expert engineers dive deep into your property, uncovering opportunities for accelerated depreciation across every investment property type, from single-family rentals to large commercial properties. Check them out: REcostseg.com/REApod. 

    Dallas TX, What is True, and Brett's take on Shakespeare

    Play Episode Listen Later Apr 24, 2024 56:04


    Welcome to Real Estate Anonymous Episode 2! This week, we have Brett Moss, Eric Weatherholtz, and Elliot White breaking down a property in Dallas, TX, all while diving into a little bit of Shakespeare. Thanks to our friends at Re Cost Seg for sponsoring today's episode. They are the premier provider of cost segregation studies. Founded by serial entrepreneur and CPA, Mitchell Baldridge, RE Cost Seg is revolutionizing how investors approach taxes and cash flow on their properties. Are you tired of watching your hard-earned money go towards hefty tax bills? If you own an investment property, a cost segregation study from RE Cost Seg could help you save significantly on your taxes and keep more of your real estate income..Their expert engineers dive deep into your property, uncovering opportunities for accelerated depreciation across every investment property type, from single-family rentals to large commercial properties. Check them out REcostseg.com/REApod. 

    Eric wants to buy a covered land play near an open air drug market

    Play Episode Listen Later Apr 16, 2024 28:35


    Welcome to Real Estate Anonymous Episode 1. Tune in every Wednesday to hear Eric Weatherholtz, Elliott White, Brett Moss, and Michael Girdley discuss what's happening in the real estate market. Today's episode features Cocaine, Kurt Cobain, one of the most challenging areas in San Francisco, and IonRecourse working his magic to craft a story around a property that makes it seem way more appealing than it initially would have. Please like and subscribe  your favorite streaming platform.

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