Podcasts about units

In today's RaiseMasters Radio episode, I sit down with Jullion Cooper to break down how he went from owning a handful of single-family rentals to closing his first 23-unit multifamily deal in just a few months while living overseas. We talk about urgency, overcoming the fear of raising capital, and the mindset shifts that made rapid growth possible. Tune in if you want to stop waiting and start taking action on bigger deals. Resources mentioned in the episode: Jullion Cooper Website Instagram Interested in learning how to take your capital raising game to the next level? Meet us at Capital Raiser's Edge. Learn more here: https://raisingcapital.com/cre

What separates investors who thrive through multiple market cycles from those who get left behind? In this episode, Maureen Miles shares the real-world lessons behind acquiring more than 3,500 multifamily units, raising over $75 million in private equity, and strategically exiting most of her portfolio near the height of the market. Drawing from decades of experience in construction, property management, syndication, and asset management, Maureen reveals how she transitioned from buying small multifamily properties to scaling a portfolio worth hundreds of millions of dollars. She discusses the importance of operational excellence, conservative underwriting, recognizing market signals, building the right partnerships, and why education and networking have been instrumental throughout her journey. Whether you're acquiring your first deal or preparing to scale your portfolio, this conversation delivers practical insights from someone who has successfully navigated multiple real estate cycles.1. Operational Excellence Creates Long-Term Success Acquiring a property is only the beginning. Maureen explains why construction knowledge, property management, asset management, and controlling operating expenses are what ultimately determine a deal's success. 2. Market Cycles Reward Disciplined InvestorsMaureen shares the warning signs that led her to exit much of her portfolio near the peak of the market, including compressed cap rates, aggressive bridge debt, and pricing that no longer made operational sense. 3. The Biggest Deals Require the Right TeamMoving from small multifamily properties to large apartment communities became possible by partnering with experienced operators, surrounding herself with strong teams, and leveraging complementary expertise. 4. Networking Can Open Life-Changing OpportunitiesHer first large multifamily acquisition came through relationships built at industry events. She emphasizes that conferences and networking often create opportunities that can't be found elsewhere. 5. Conservative Investing Protects WealthThroughout the conversation, Maureen stresses the importance of conservative underwriting, understanding construction costs, planning for downside scenarios, and never chasing deals simply to increase portfolio size.About Tim MaiTim Mai is a real estate investor, fund manager, mentor, and founder of HERO Mastermind for REI coaches.He has helped many real estate investors and coaches become millionaires. Tim continues to help busy professionals earn income and build wealth through passive investing.He is also a creative marketer and promoter with incredible knowledge and experience, which he freely shares. He has lifted himself from the aftermath of war, achieving technical expertise in computers, followed by investment success in real estate, management skills, and a lofty position among real estate educators and internet marketers.Tim is an industry leader who has acquired and exited well over $50 million worth of real estate and is currently an investor in over 2700 units of multifamily apartments.Connect with TimWebsite: Capital Raising PartyFacebook: Tim Mai | Capital Raising Nation Instagram: @timmaicomTwitter: @timmaiLinkedIn: Tim MaiYouTube: Tim Mai

Linktree: ⁠⁠https://linktr.ee/Analytic⁠⁠Join The Normandy For Ad-Free NME, Additional Bonus Audio And Visual Content For All Things Nme+! Join Here:⁠⁠ ⁠⁠https://ow.ly/msoH50WCu0K⁠⁠ In this segment of Notorious Mass Effect, Analytic Dreamz delivers a concise breakdown of Olivia Rodrigo earning her third consecutive No. 1 album on the Billboard 200. Olivia Rodrigo's “you seem pretty sad for a girl so in love” debuts at No. 1 with a massive 485,000 equivalent album units in its first week, including 273,000 pure sales and 218.41 million streams. This marks her biggest opening week ever, her strongest sales week, and the largest first-week by any solo artist in 2026.Analytic Dreamz breaks down the vinyl surge (164,000 copies), record-breaking streaming numbers, international dominance, and how Olivia ended Drake's four-week run at the top. From career growth across SOUR, GUTS, and now this project to the upcoming Unraveled Tour, this segment covers every key stat and chart impact.Tune in for the full data-driven analysis on Olivia Rodrigo's latest historic achievement. Privacy & Opt-Out: https://redcircle.com/privacy

In this episode of The Kash and Dash Show, hosts Ted Kaasch and Owen Dashner sit down with Darin Zuhlke, a full-time real estate investor with 126 units and nearly $20 million in assets under ownership.Darin shares how he went from growing up on a family farm to building a real estate business across eastern Nebraska. The conversation covers creative finance, business credit, private money, multifamily investing, flips, rent-to-own deals, and why rental properties are often better for long-term wealth than quick monthly income.But this episode goes way beyond the numbers.Darin opens up about burnout, isolation, drifting away from his core values, hiring help, building a team, strengthening his marriage, and learning that growth means nothing if it costs you your purpose. He also shares the story behind buying a large family home in Omaha, creating a legacy for his family, and why community matters more than most investors realize.This is a real conversation about business, faith, family, leadership, and doing things differently in an industry that can pressure people to cut corners.If you are building a business, chasing financial freedom, or trying to grow without losing yourself in the process, this episode is worth the listen.Listen now and subscribe to The Kash and Dash Show on Apple Podcasts, Spotify, and YouTube so you do not miss future episodes.You can Join the Omaha REIA - https://omahareia.com/join-todayOmaha REIA on Facebook - https://www.facebook.com/groups/OmahaREIACheck out the National REIA - https://nationalreia.org/ Find Ted Kaasch at www.tedkaasch.com Owen Dashner on Facebook https://www.facebook.com/owen.dashner Instagram - https://www.instagram.com/odawg2424/ Red Ladder Property Solutions - www.sellmyhouseinomahafast.com Liquid Lending Solutions - www.liquidlendingsolutions.com Owen's Blogs - www.otowninvestor.com www.reiquicktips.com Propstream - https://trial.propstreampro.com/reianebraska/Timber Creek Virtual - https://timbercreekvirtual.com/services/MagicDoor - https://magicdoor.com/reia/...

Antonio de la Torre shares his journey from real estate enthusiast to developer in Guatemala, highlighting the opportunities in small, modern units and the advantages of investing in developing markets like Guatemala City. He discusses market specifics, investment strategies, and future plans in the US.   Professional Real Estate Investors - How we can help you: Investor Fuel Mastermind:  Learn more about the Investor Fuel Mastermind, including 100% deal financing, massive discounts from vendors and sponsors you're already using, our world class community of over 150 members, and SO much more here: http://www.investorfuel.com/apply   Investor Machine Marketing Partnership:  Are you looking for consistent, high quality lead generation? Investor Machine is America's #1 lead generation service professional investors. Investor Machine provides true 'white glove' support to help you build the perfect marketing plan, then we'll execute it for you…talking and working together on an ongoing basis to help you hit YOUR goals! Learn more here: http://www.investormachine.com   Coaching with Mike Hambright:  Interested in 1 on 1 coaching with Mike Hambright? Mike coaches entrepreneurs looking to level up, build coaching or service based businesses (Mike runs multiple 7 and 8 figure a year businesses), building a coaching program and more. Learn more here: https://investorfuel.com/coachingwithmike   Attend a Vacation/Mastermind Retreat with Mike Hambright: Interested in joining a "mini-mastermind" with Mike and his private clients on an upcoming "Retreat", either at locations like Cabo San Lucas, Napa, Park City ski trip, Yellowstone, or even at Mike's East Texas "Big H Ranch"? Learn more here: http://www.investorfuel.com/retreat   Property Insurance: Join the largest and most investor friendly property insurance provider in 2 minutes. Free to join, and insure all your flips and rentals within minutes! There is NO easier insurance provider on the planet (turn insurance on or off in 1 minute without talking to anyone!), and there's no 15-30% agent mark up through this platform!  Register here: https://myinvestorinsurance.com/   New Real Estate Investors - How we can work together: Investor Fuel Club (Coaching and Deal Partner Community): Looking to kickstart your real estate investing career? Join our one of a kind Coaching Community, Investor Fuel Club, where you'll get trained by some of the best real estate investors in America, and partner with them on deals! You don't need $ for deals…we'll partner with you and hold your hand along the way! Learn More here: http://www.investorfuel.com/club   —--------------------

Last time we spoke about the battle of Shanggao. From late March to early April 1940, Japanese forces attacked Shanggao in Jiangxi with a multi‑pronged offensive. Chinese commanders used elastic defense and coordinated counter-moves, trading space for time through layered positions until the Japanese advanced into prepared strongpoints. As the 34th Division moved toward the town, assaults repeatedly hit ridges and bridge lines held by the 74th Corps. Heavy air strikes caused chaos, but timely flank redeployments prevented a decisive breakthrough. During the crisis around March 21–24, Chinese units maneuvered an encirclement and executed a controlled breakout at the critical moment. After intense fighting and bombing, the Japanese were routed and fell back to their original positions. The wider war did not change, yet Shanggao proved that disciplined Chinese planning could reverse Japanese offensives against superior initiative and numbers.   #207 Battle of Zhongtiao Mountain Welcome to the Fall and Rise of China Podcast, I am your dutiful host Craig Watson. But, before we start I want to also remind you this podcast is only made possible through the efforts of Kings and Generals over at Youtube. Perhaps you want to learn more about the history of Asia? Kings and Generals have an assortment of episodes on history of asia and much more  so go give them a look over on Youtube. So please subscribe to Kings and Generals over at Youtube and to continue helping us produce this content please check out www.patreon.com/kingsandgenerals. If you are still hungry for some more history related content, over on my channel, the Pacific War Channel where I cover the history of China and Japan from the 19th century until the end of the Pacific War. By the spring of 1941, the War of Resistance against Japan had been grinding for nearly four years, and the map of China looked increasingly like a wound. Japan controlled the coastal cities, the major river valleys, and most of the productive lowland plains of the north and east. The Nationalist government had retreated far inland to Chongqing, governing a rump state of mountainous hinterland, foreign sympathies, and diminishing resources. The war had long since ceased to look like a conventional conflict between organized fronts and had settled into something grimmer and more ambiguous — a slow war of attrition fought in the mud and rocks of the Chinese interior, punctuated by Japanese offensives designed not to end the war but to compress it, to squeeze the Nationalists tighter with each season until surrender became a rational calculation rather than a humiliation. Japan had tried other methods first. In the late 1930s, Tokyo made serious overtures to Chiang Kai-shek's government, proposing a negotiated settlement that would see China aligned with Japan and the puppet Wang Jingwei government elevated as the vehicle for that arrangement. Chiang refused. He had gambled, and would continue to gamble, that the war in Europe would eventually draw in the Western powers, that American patience with Japanese aggression would run out, and that time was ultimately on China's side. The strategy required suffering in the present to buy survival in the future. Germany's invasion of Poland in September 1939 and the subsequent expansion of war across Europe only reinforced Japan's desire to accelerate its operations in China before the international situation made them impossible. By 1940, Japan signaled it intended to resolve the "China Incident" — the bureaucratic euphemism it used to avoid officially acknowledging that it was fighting a full-scale war — once and for all. The question was where. The front was hundreds of miles long. The Japanese army in China was stretched thin despite its nominal strength. Spectacular victories in the lowlands had failed to produce the political capitulation Tokyo expected. And in the mountains of Shanxi Province, a particular irritant had been festering for three years — one that the Japanese could neither ignore nor seem to dislodge. The Zhongtiao Mountains rise along the southern edge of Shanxi Province, running roughly east to west for some two hundred miles, forming a natural wall between the loess plateaus of Shanxi and the plains of northern Henan below. The range is not dramatic by Chinese standards — it is not the soaring, cloud-piercing landscape of Sichuan or Yunnan — but it is rugged, deeply ridged, and extraordinarily difficult to move through quickly. For a defending army with knowledge of the terrain, the Zhongtiao range was close to ideal. For an attacker, especially one dependent on mechanized firepower and coordinated logistics, it was a nightmare. Chinese forces had occupied the Zhongtiao Mountains since 1938, following the fall of Taiyuan and the retreat of Nationalist forces from the broader Shanxi campaign. At a moment when much of northern China was collapsing around them, the garrison there dug in and refused to move. Over the following three years, the Japanese Army mounted thirteen separate offensives against the Zhongtiao position. All thirteen failed. The mountains held. Chinese soldiers would later call it the "Eastern Maginot Line," a nickname that was simultaneously a boast and, in retrospect, a warning — the original Maginot Line, after all, had also been considered impregnable until the enemy simply went around it. But the strategic importance of Zhongtiao went beyond prestige. The mountains commanded the northern approach to the Yellow River crossings — the great geographic boundary that separated Japanese-controlled northern China from the Nationalist-held central and western regions. From their positions in the mountains, Chinese troops could threaten Japanese supply lines, protect their own river logistics, and maintain at least a symbolic presence north of the Yellow River. As long as the Zhongtiao garrison held, Japan could not claim complete control of northern China. It was also a potential launching point for a Chinese counteroffensive, should one ever become possible. The Japanese understood this perfectly. By 1940, eliminating the Zhongtiao position had become not merely desirable but strategically necessary. The First War Zone command responsible for the Zhongtiao garrison was, at least on paper, an imposing force. Between 170,000 and 180,000 men were deployed across the mountain range and its approaches, drawn from multiple armies and organized into several large groupings. The 5th Army Group under Zeng Wanzhong held the central area. The 14th Army Group under Liu Maoen operated in the eastern sector. The 4th Army Group, known as the "Iron Pillar of Zhongtiao" for its tenacious defense of the position over three years, was stationed as the backbone of the force. Individual armies were spread across specific nodes: Pei Changhui's 9th Army at Jiyuan in northern Henan; Zhao Shiling's 43rd Army at Yuanqu at the southernmost tip of Shanxi; Tang Huaiyuan's 3rd Army and Kong Lingxun's 80th Army in the Wenxi and Xiaxian areas; Wu Shimin's 98th Army at Dongfeng Town; Wu Tinglin's 15th Army near Gaoping. The man responsible for holding all of this together was Wei Lihuang, a gifted commander and one of Chiang Kai-shek's most capable generals. Wei had organized the Zhongtiao defense from the beginning, and his strategic instincts were widely respected. He was, by most accounts, the indispensable figure in the garrison's survival. The problem was that Wei had made powerful enemies. His refusal to participate in anti-Communist friction operations — at a time when the Nationalist government was increasingly focused on neutralizing the Communists even at the cost of Japanese resistance — had alienated him from a circle of powerful rivals, including the influential Hu Zongnan. Outmaneuvered at court, Wei was summoned to Chongqing in early 1941 and, under the pretext of strategic consultations, was effectively detained at Mount Emei. He never returned to his command in the Zhongtiao Mountains. The army he had built was left without its architect. The garrison that remained was compromised far beyond its missing commander, however. Three years of static defense had created conditions that corroded military discipline in predictable and insidious ways. Supply lines were unreliable, rations were short, and the soldiers garrisoning remote mountain positions had turned, by necessity and then by habit, to the local economy to sustain themselves. A bustling illicit trade in grain and opium had sprung up across the mountain zone, with Chinese troops selling what they could and buying what they needed from merchants who operated equally comfortably on both sides of the Japanese-Chinese frontier. This was not merely a logistical failure. It meant that Japanese intelligence had abundant commercial cover to infiltrate the garrison area, that security was a fiction, and that the defensive posture of the entire force had quietly shifted from warlike readiness to something closer to bureaucratic occupation. The Japanese had not missed any of this. For months before the offensive, Japanese intelligence agents had worked their way into the garrison's supply networks, trading relationships, and eventually its command structure itself. Japanese special forces had identified key headquarters positions. Informants had mapped the positions of individual units, traced the routes between them, and assessed the readiness of the men holding them. By the spring of 1941, Japanese planners believed, with considerable justification, that they could paralyze the entire Chinese command system within an hour of opening fire. This was not boasting. It was reconnaissance. Back in Chongqing, the intelligence picture was worse than unclear — it was actively distorted. The Nationalist intelligence apparatus issued warnings about Japanese troop movements near the Zhongtiao perimeter in April 1941, but the warnings were partial, their significance disputed, and the political will to act on them absent. A series of conferences were convened at Luoyang, the regional headquarters. Fortification orders were issued. Additional supplies were promised. Almost none of the follow-through actually materialized. The garrison's most powerful formation, the 4th Army Group, had already been transferred away from the area. Its absence left a hole in the defensive line that no amount of paper orders could fill. On the Japanese side, the operation that would eliminate the Zhongtiao garrison was carefully and systematically prepared. It was codenamed the "Central Plains Campaign" — a name that reflected its true ambition, which was not merely to take a mountain range but to reshape the strategic geography of the entire region. The operation was assigned to the North China Area Army under Lieutenant General Tada Shun, an experienced commander who had studied the Zhongtiao problem for years and had a clear understanding of why previous offensives had failed. The core of the attacking force was seven divisions: the 33rd, 35th, 36th, 37th, 41st, and 21st Divisions, along with several independent mixed brigades, puppet Chinese formations, cavalry, and a substantial artillery and air component. The 3rd Air Group, operating from airfields at Yuncheng and Xinxiang, would provide tactical air support throughout the operation. In total, the frontline assault force numbered approximately 100,000 men. This was not a repeat of the previous thirteen offensives, in which the Japanese had probed and pressed at the mountains frontally. This was a comprehensive annihilation plan. Tada's design exploited the geographic shape of the Zhongtiao position itself. The Chinese garrison occupied a roughly crescent-shaped area, with its back to the Yellow River and its front facing north and east into Japanese-held territory. The obvious previous approach — attacking from the north — had failed repeatedly because the terrain favored the defenders. Tada's solution was to attack from three directions simultaneously, with the town of Yuanqu on the Yellow River as the primary objective. Yuanqu was the hinge of the entire Chinese position: it controlled the main river crossings, served as the central supply point for the garrison, and sat at the narrowest point between the mountains and the water. If Yuanqu fell, the Chinese would be cut off from their supply line and divided into two separate pockets. Then each pocket could be destroyed at leisure. To execute this, Tada organized his forces into three attack groups. The eastern group, built around Lieutenant General Harada Yukichi's 35th Division with elements of the 21st Division and the 4th Independent Cavalry Brigade — totaling roughly 25,000 men with armor, artillery, and supporting puppet forces — would drive westward along the Daoqing Road, pushing through Jiyuan and Mengxian toward the eastern flank of the Chinese position. The northeastern group, under Lieutenant General Shozo Sakurai commanding the 33rd Division and an Independent Mixed Brigade, would descend from Yangcheng southward, striking at the middle of the Chinese line. The western and northwestern group, the largest, comprising the 36th, 37th, and 41st Divisions along with the 9th and 16th Independent Mixed Brigades, would push southward from multiple points between Sangchi and Zhangdian, driving straight for Yuanqu. The final element of the plan was the most audacious. Japanese special forces and paratroopers were to land behind Chinese lines on the opening night of the offensive, targeting the Chinese headquarters and communications nodes. If the Chinese command could be blinded and paralyzed in the first hours of the battle, resistance would collapse before it could organize. Given the penetration of the garrison by Japanese intelligence, the paratroopers knew precisely where to go. From late April, Japanese forces quietly moved into their assault positions. Supply dumps were stocked. Artillery was registered on Chinese positions. The attack was set for the morning of May 7, 1941. Everything was ready. The battle opened before dawn on May 7, and it opened everywhere at once. On the eastern front, Harada's 35th Division and its attached formations crossed the start line and drove westward in three parallel columns along the Daoqing Road. More than 5,000 infantrymen, 1,000 cavalry, dozens of artillery pieces, over 100 tanks and armored vehicles, and the supporting puppet troops of Zhang Lanfeng and Liu Yanfeng poured into the Chinese-held area around Jiyuan and Mengxian. The assault had an almost mechanical quality — it moved at the pace of its armor and artillery, methodically grinding through whatever lay in its path. On the northeastern front, Sakurai's 33rd Division descended from Yangcheng with more than 10,000 men, striking at Wu Shimin's 98th Army at Dongfeng Town. Wu was one of the more aggressive Chinese commanders in the garrison, and he did not wait to be overwhelmed. He threw his forces into active resistance on multiple axes, contesting each Japanese advance rather than simply absorbing it. In the fighting around Wangcun, his troops achieved one of the campaign's rare Chinese tactical successes, routing approximately 2,000 Japanese attackers and killing more than 700, including Colonel Hamada, a Japanese regimental commander. It was a genuine local victory, but it could not change the larger picture. On the western and northwestern front, the main Japanese force pushed south with its eyes fixed on Yuanqu. The coordinated weight of three divisions and two independent brigades, all moving along converging axes, was designed to be overwhelming. Individually, a Chinese unit might hold a ridge or a pass for a day. Collectively, there was no way to stop what was coming. And that same night, as the Chinese scrambled to respond to attacks on every side, Japanese paratroopers landed near Chinese headquarters positions. They found what intelligence had promised: a command system already in disarray, staffed by officers who had received no coherent orders and had lost communications with most of their subordinate units. The Japanese were not wrong when they predicted they could paralyze the Chinese command within hours. By the morning of May 8, the Chinese First War Zone headquarters had effectively ceased to function as a coordinating body. Individual armies would fight on, but they would fight alone. The second day of the battle brought the decisive blow. On the afternoon of May 8, the 9th Army under Pei Changhui — already reeling from the pressure of the eastern Japanese columns — abandoned the cities of Ji and Meng and fell back westward. The withdrawal opened a path through the Chinese line, and the Japanese exploited it immediately. That evening, with the assistance of paratroopers who had secured key access routes overnight, Japanese forces reached Yuanqu on the Yellow River's northern bank and took it. The fall of Yuanqu changed everything. At a single stroke, the Chinese garrison's supply line from the south bank of the Yellow River was severed. The main crossing points were in Japanese hands. The two halves of the Chinese position — those to the east of Yuanqu and those to the west — were now separated, unable to reinforce one another. The double encirclement that Tada had designed on paper became a physical reality on the ground. The trap had closed. May 9 brought further disaster. Japanese forces captured Wufujian, another significant point in the Chinese rear. And on this day the battle's human cost began to register in the most stark terms possible. Wang Jun, commander of the newly formed 27th Division of Kong Lingxun's 80th Army, was killed in action fighting in the southern Shanxi mountains. Major General Chen Wenqi, deputy commander of the 24th Division, died in fierce combat near Taizhai Village. And Major General Liang Xixian, having retreated with the remnants of his force to Taizhai and found every route blocked — his options reduced to surrender or death — walked into the Yellow River and drowned himself. He was not the last Chinese officer to choose death over capture. The loss of three generals in a single day was not merely tragic. It reflected something about the nature of the battle that the casualty statistics alone could not capture: the Chinese officers who fought most fiercely and refused to abandon their positions were precisely the men dying, while the broader institutional structure that should have supported them had already failed. The garrison was being consumed from its fighting edge inward. Over the following two days, the Japanese methodically tightened the ring. The eastern column, having taken Yuanqu, split into two prongs: one drove eastward, capturing Shaoyuan by the morning of May 12 and linking up with the forces that had been pressing westward from Jiyuan; the other drove westward to Wufujian, joining with the troops already there. The inner encirclement was now complete and continuous. The Yellow River crossings along the entire Chinese front were blocked. There was no route south that wasn't already under fire or in Japanese hands. The fighting in the mountain passes was, by all accounts, ferocious. At Fengmenkou — a critical pass that both sides recognized as a key chokepoint — the Chinese 9th Army committed the main force of its newly formed 24th Division along with elements of the 54th Division, fighting for every ridge and ravine. The Japanese sent reinforcements and simply absorbed the punishment, pressing forward until numbers and artillery told. By May 12, the position at Jianshan had been surrounded as well, and the outer ring of encirclement had sealed. The Chinese armies in the Zhongtiao Mountains were now divided into isolated pockets, each fighting separately, each trying to find a gap in the Japanese lines that simply wasn't there. Beyond the mountains, the Chinese high command in Luoyang was issuing desperate orders. Units that had already been overrun were instructed to hold positions they no longer occupied. Army commanders who had lost contact with their corps were told to coordinate with formations they couldn't reach. The gap between the orders flowing from headquarters and the reality on the ground had become absolute. The First War Zone command was, in practical terms, a spectator to the destruction of its own army. Of all the days in the three-week battle, May 13 was perhaps the most devastating for Chinese morale. At Cunbu, in the western sector, the 3rd Army under Lieutenant General Tang Huaiyuan had been surrounded and cut off. Tang was among the finest officers in the Nationalist army — a career soldier of exceptional ability, admired by subordinates and superiors alike, the kind of commander who by his personal presence could steady troops on the edge of breaking. He had led the 3rd Army in continuous fighting since May 7, conducting a fighting retreat that had preserved more of his force than most. But there was nowhere left to retreat to. Cunbu was surrounded on all sides. The Yellow River was behind him. The Japanese were in front. Tang Huaiyuan sat with his surviving officers and told them that he would not surrender. Then he shot himself. He was fifty-seven years old. On the same day, Cun Xingqi, commander of the 12th Division, was hit eight times during close combat and died on the field. The tally of dead general officers had now reached five in the space of a week. Tang Huaiyuan's death, unlike the others, resonated as something more than a military loss. He was a symbol of what the Zhongtiao defense had once represented: the possibility that courage and skill could compensate for disadvantages in firepower and logistics. His death seemed to say, loudly, that that possibility was exhausted. Chiang Kai-shek, when news reached him in Chongqing, personally ordered that Tang Huaiyuan be posthumously promoted and honored. The gesture was well-intentioned and entirely beside the point. Tang was dead. His army was destroyed. The gesture could not undo either fact. With the double encirclement complete and the primary Chinese resistance broken, the Japanese Army entered the second and less dramatic but equally brutal phase of its operation: the systematic clearance of what remained. Beginning around May 15, Japanese units shifted from the headlong offensive drives of the first week to methodical sweep operations, moving through the mountain terrain in organized formations, pressing into each remaining pocket and eliminating whatever resistance they found. The Yellow River's northern bank was secured by Japanese forces who established posts at the crossing points, blocking retreat and interdicting any resupply attempt. From the western front, sweep operations continued in a series of movements that lasted until well into June, each one driving Chinese remnants further into smaller and more untenable positions. Japanese after-action reports from this period read with the clinical detachment of men doing carpentry rather than fighting: so many positions cleared, so many prisoners taken, so many bodies counted. For the surviving Chinese forces, this period was one of desperate improvisation. With coordinated resistance impossible and every organized position either taken or surrounded, the remnant armies broke up into smaller columns and attempted to find their own routes out of the encirclement. Their experiences varied enormously depending on their starting position, the initiative of their commanders, and fortune. The remnants of the 3rd Army and 15th Army, under Zeng Wanzhong of the 5th Army Group, managed to push through to Yellow River crossings in the west and get their men across to the south bank, eventually reorganizing at Luoyang and Xin'an. The 93rd Army, which had occupied positions in the northeast, shook off the Japanese pursuit with sufficient speed and organization to cross at Yumenkou and escape into Hancheng County in Shaanxi Province, preserving more of its fighting strength than most. Wu Shimin's 98th Army — whose fighting at Wangcun had been one of the campaign's genuine bright spots — was pushed northward into the Taiyue Mountains, conducting guerrilla operations as it went. Wu himself was wounded during the withdrawal and would spend months recovering; he never fully recovered his health, and would die by suicide the following year. The 43rd Army under Zhao Shiling, which had held Yuanqu before its fall, managed a fighting withdrawal toward Fushan and Yicheng in the north. Pei Changhui's 9th Army conducted several days of guerrilla operations along the Daoqing Road before finding crossings at Xiaodukou and Guanyangdukou and getting across the Yellow River to safety. By May 27, the great majority of the Zhongtiao Mountain garrison had either been destroyed, captured, or withdrawn. The mountains that had held for three years were in Japanese hands. The battle, for all practical purposes, was over. The two sides emerged from the battle with starkly different accounts of what had happened, and the gap between those accounts is itself revealing. Japanese operational records claimed that their forces had killed approximately 42,000 Chinese soldiers on the battlefield, taken around 35,000 prisoners, captured enormous quantities of weapons and supplies, and inflicted total Chinese casualties exceeding 100,000. Against this, Japanese headquarters reported their own losses as 673 killed and 2,292 wounded — a ratio so lopsided that it seemed to describe a completely different kind of warfare. Whether or not the precise numbers are accurate, Japanese sources were consistent in portraying the battle as a catastrophic one-sided rout. The Chinese government's official figures, presented to the public and to allied nations, told a very different story. Nationalist records acknowledged approximately 13,751 officers and soldiers killed, wounded, gassed, or missing, while claiming Japanese casualties of around 9,900. These numbers, by the standards of the actual fighting and the geographic scale of the defeat, strained credulity. They were the numbers of a government that needed, for political and morale reasons, to minimize a disaster it could not afford to fully acknowledge. What is beyond dispute is the strategic result. The Zhongtiao garrison, which had held for three years against thirteen prior offensives, had been destroyed in twenty days. The last significant Nationalist Chinese presence north of the Yellow River in the region had been eliminated. Japan now controlled the northern bank of the river for a substantial stretch, had secured its supply lines through southern Shanxi, and had opened the door for future pressure on Luoyang and ultimately Xi'an. The mountain barrier that had allowed Chinese forces to threaten Japanese logistics was gone. It would not be rebuilt. Six senior Chinese generals had died in the battle: Wang Jun, Chen Wenqi, Liang Xixian, Tang Huaiyuan, Cun Xingqi, and others in the fighting. Their deaths were individually remarkable — men choosing death over surrender at rate that reflected both the desperate conditions of the battle and a code of honor that many of them explicitly invoked in their final moments. They were also, in aggregate, a measure of how completely the officer corps had been consumed. In the decades since the battle, historians have returned repeatedly to the question of why a position held for three years collapsed so completely in three weeks. The answers are neither simple nor flattering to the Nationalist government, and they were debated with bitter intensity in Chongqing even while the battle was still being fought. The most immediate cause was the removal of Wei Lihuang. This was not merely the loss of a capable general — it was the destruction of the institutional knowledge and personal relationships that had made the defense function. The Zhongtiao garrison was not simply a collection of soldiers in mountain positions; it was a system, carefully constructed over three years, that depended on specific command relationships, established logistics arrangements, and particular allocation of resources. Wei had built that system. Without him, and without any adequate replacement, it became something far more brittle than it appeared. Below the level of high command, the garrison's gradual corruption was an equally powerful factor. The trading networks, the opium commerce, the penetration by Japanese intelligence — these were not incidental problems but symptoms of a deeper institutional failure. An army that has spent three years in static defensive positions, chronically undersupplied and without a meaningful offensive mission, tends toward exactly this kind of decay. The Nationalist government's decision to prioritize anti-Communist friction operations over Zhongtiao's fighting readiness had removed the 4th Army Group — the backbone of the defense — and had consumed Wei Lihuang's attention and political capital at the worst possible moment. The Japanese plan, too, deserves credit it rarely receives in Chinese accounts of the battle. The three-pronged converging attack on Yuanqu was not simply overwhelming force applied to an obvious target. It was an elegant solution to the genuine tactical puzzle that the Zhongtiao mountains presented, exploiting the garrison's geographic vulnerability with a precision that turned the defenders' mountain terrain from an asset into a trap. The use of paratroopers to decapitate the Chinese command in the opening hours was a sophisticated operational concept that worked almost exactly as designed. Tada Shun was not lucky. He was thorough. Finally, there is the question of Chiang Kai-shek's own priorities. His reported weeping upon receiving news of the defeat was genuine, in the sense that the loss clearly shocked and grieved him. But the decisions that led to the defeat — Wei Lihuang's removal, the transfer of the 4th Army Group, the neglect of fortification and resupply in the months preceding the battle — had been made in Chongqing, not in the mountains. The Zhongtiao garrison had been strategically sacrificed, piece by piece, for political calculations in the internal factional struggle between Nationalists and Communists. Whether Chiang understood the cost of those choices before May 7, 1941, is debatable. After that date, it was difficult to pretend otherwise. The fall of the Zhongtiao Mountains did not end the War of Resistance, but it substantially worsened China's strategic position in the north. Over the following months, Japan used its consolidated control of southern Shanxi to increase pressure on the Yellow River line and probe toward Luoyang. The surviving Chinese armies, reorganized south of the river, were in no position to counterattack. The mountains themselves, stripped of their garrison and secured by Japanese occupation troops, became part of the extended Japanese occupation zone — a territory to be administered and exploited rather than contested. For the men who had fought there, the battle left wounds that went beyond the physical. Entire armies had to be rebuilt from remnants. Officers who had retreated, whether under orders or on their own initiative, faced boards of inquiry in an atmosphere of recrimination and blame-seeking. Some were cashiered. Some faced criminal proceedings. The search for culpability — which was genuine enough, since the failure was genuine — tended to fall on those least able to defend themselves rather than on the senior commanders and political figures whose decisions had created the conditions for defeat. The posthumous honors awarded to Tang Huaiyuan, Liang Xixian, Wang Jun, and the other officers who died in battle were heartfelt, and they were also convenient. The heroic dead could be elevated without requiring the living to answer uncomfortable questions. Their sacrifice was real. The system that wasted it was also real. In the broader history of the Second Sino-Japanese War, the Battle of Zhongtiao Mountain tends to be overshadowed by more famous engagements — Shanghai, Nanjing, Taierzhuang, the later battles along the Salween. This is partly because the Chinese side lost comprehensively and had little interest in memorializing the loss, and partly because the battle's significance was more strategic than dramatic. There was no great last stand, no single moment of heroism sufficient to redeem the catastrophe. There were only men dying in mountain passes, generals walking into rivers, and an entire defensive system disintegrating under the weight of its own contradictions. What the Battle of Zhongtiao Mountain represents, in the end, is a case study in how military positions are really lost. They are rarely lost on the battlefield alone. They are lost in the staff meetings where capable commanders are removed for political reasons. They are lost in the supply depots that never get restocked. They are lost in the informal economies that grow up when institutions stop functioning. They are lost in the intelligence assessments that are written and ignored. They are lost, finally and irreversibly, in the early morning hours when the guns open simultaneously on three sides and the men at the radios discover that no one is answering.     I would like to take this time to remind you all that this podcast is only made possible through the efforts of Kings and Generals over at Youtube. Please go subscribe to Kings and Generals over at Youtube and to continue helping us produce this content please check out www.patreon.com/kingsandgenerals. If you are still hungry after that, give my personal channel a look over at The Pacific War Channel at Youtube, it would mean a lot to me. On May 7, 1941, Japan opened a three-front assault on Zhongtiao Mountains; paratroopers disrupted command night. With the 9th Army withdrawing, Yuanqu fell on May 8, severing supply and trapping the garrison. Fighting raged through May 13, costing generals, until Japanese sweeps cleared pockets; survivors escaped south of Yellow River.

Season 8, Episode 1: How did two lawyers turn a handful of Arizona fourplexes into a vertically integrated real estate powerhouse with over 20,000 units renovated? Today, we sit down with John Griggs, Co-CEO and Co-Founder of Presidium, to break down the strategy behind that rise. John shares how he spotted his first opportunity in the "golden age" of the Arizona housing market before shifting his conviction to Texas just as the landscape was beginning to transform. We dive into how Presidium scaled its early portfolio to 5,000 units, the hard lessons learned from internalizing management during the GFC, and the strategic move of acquiring a special servicing company to master the mechanics of distressed debt. Whether you're interested in ground-up development, creative capital stacks involving HUD debt, or where multifamily opportunity sits in today's cycle, this episode is a must-listen. Join us as we explore the risk discipline and long-term vision that helped Presidium evolve from a grassroots startup into a dominant institutional investment platform. Shoutout to our sponsor, Lennar Investor Marketplace. New construction rental investments with comps, returns, and underwriting built in. TOPICS 00:00 – Introduction and Presidium's Background 01:32 – From Silicon Valley Law to the 2003 Arizona "Golden Age" 08:03 – Moving to Texas and Raising Capital for Scale 10:11 – Navigating the GFC and Internalizing Management 14:58 – The Institutionalization of Multifamily Real Estate 19:27 – Strategic Acquisition: Buying a Special Servicer 24:56 – Launching a Development Platform and Spotting Market Peaks 31:18 – Today's Creative Financing: HUD Debt and Housing Authorities 36:38 – Targeting Distress and Partnering with Lenders 42:15 – Delo Capital and the Outlook for Sun Belt Migration For more episodes of No Cap by CRE Daily visit https://www.credaily.com/podcast/ Watch this episode on YouTube: https://www.youtube.com/@NoCapCREDaily About No Cap Podcast Commercial real estate is a $20 trillion industry and a force that shapes America's economic fabric and culture. No Cap by CRE Daily is the commercial real estate podcast that gives you an unfiltered ”No Cap” look into the industry's biggest trends and the money game behind them. Each week co-hosts Jack Stone and Alex Gornik break down the latest headlines with some of the most influential and entertaining figures in commercial real estate. About CRE Daily  CRE Daily is a digital media company covering the business of commercial real estate. Our mission is to empower professionals with the knowledge they need to make smarter decisions and do more business. We do this through our flagship newsletter (CRE Daily) which is read by 65,000+ investors, developers, brokers, and business leaders across the country. Our smart brevity format combined with need-to-know trends has made us one of the fastest growing media brands in commercial real estate.

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Many investors focus on one thing: getting more units. But what if growing your portfolio is actually creating more problems? In this episode, Gino Barbaro breaks down one of the most important distinctions every real estate investor and entrepreneur needs to understand: the difference between growing and scaling. Growth often means increasing revenue by adding more resources, more expenses, and more complexity. Scaling, on the other hand, is about creating systems, improving efficiency, increasing profitability, and building a business that can expand without demanding more of your time. If you're chasing bigger numbers without knowing your profit margins, occupancy rates, delinquency metrics, or operational KPIs, this conversation is a must-watch. In this episode, you'll learn: ✅ The difference between growing and scaling a real estate business ✅ Why "Revenue is vanity, profit margin is sanity, and cash is king" ✅ How to measure Profit Per Unit (PPU) ✅ The systems every multifamily investor should implement ✅ Why operations determine long-term success ✅ The importance of SOPs, KPIs, and customer retention ✅ When to pause acquisitions and focus on infrastructure ✅ How Jake & Gino scaled from zero to over 1,900 units Whether you're managing your first rental property or operating a large multifamily portfolio, these principles can help you build a stronger, more profitable business. Key Takeaway: Don't grow faster than your systems can support. Build the foundation first. Strengthen your operations, improve cash flow, create leverage, and then pursue expansion with confidence. You want to know more about Multifamily? Go to https://wheelbarrowprofits.com/ We're here to help create real estate entrepreneurs... About Jake & Gino: Jake & Gino are multifamily investors, operators, and owners who have created a vertically integrated real estate company. They control over $350M in assets under management. Connect with Jake & Gino here --> https://jakeandgino.com. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Yes, Cogforts are cool…Dan has been enlightened.  As for the rest of the Cities Battletome, another solid delivery.  We really enjoyed discussing all aspects of this tome, from Traits to Artifacts to Units to Armies/Regiments of Renown.  However, Brendan warns that this is a very complex book that will take a lot of study and practice to get the most out of.  Conversely, very rewarding and powerful once mastered.  Watch out for those perpetually charging Cavaliers!  Dave is back as well to discuss the desert planet of Tallarn and its part in the Horus heresy.  Also, be sure to give a listen to a brief announcement about the podcast in Show Close. Thanks as always for joining us.  Your support is truly appreciated. 1:43              Whispers From The Warp 14:41            The Emperor Lies 14:41                Liber Nordstrumus 28:46               Cities of Sigmar Battletome Review – Part I 1:07:03            Cities of Sigmar Battletome Review – Part II 1:41:42             Cities of Sigmar Battletome Review – Part III 2:02:07       Scriptorium 2:07:32       This or That 2:14:17        Show Close

We talk with Peter Koulizos from Adelaide University about why the Adelaide property market continues to outperform expectations, with the median house price now exceeding $1.02 million after annual growth of more than 12%. Units are also delivering strong results, combining double-digit price growth with rental yields above 5%. We examine what is driving demand, investor interest and future market performance. You can have your say by leaving a voice message ►  https://www.speakpipe.com/realestateradio ► Website: https://aussierealestatepodcast.lovable.app ► Subscribe here to never miss an episode: https://www.podbean.com/user-xyelbri7gupo ► INSTAGRAM: https://www.instagram.com/therealestatepodcast/?hl=en  ► Facebook: https://www.facebook.com/profile.php?id=100070592715418 ► Email:  myrealestatepodcast@gmail.com  The latest real estate news, trends and predictions for Brisbane, Adelaide, Canberra, Gold Coast, Sydney, Melbourne and Perth. Gold Coast Real Estate, Adelaide Property Market, Luxury Real Estate Australia, Property Investment Podcast, Real Estate Trends 2026, Median Price Growth. We include home buying tips, commercial real estate, property market analysis and real estate investment strategies. Including real estate trends, finance and real estate agents and brokers. Plus real estate law and regulations, and real estate development insights. And real estate investing for first home buyers, real estate market reports and real estate negotiation skills. We include Hobart, Darwin, Hervey Bay, the Sunshine Coast, Newcastle, Central Coast, Wollongong, Geelong, Townsville, Cairns, Ballarat, Bendigo, Launceston, Mackay, Rockhampton, Coffs Harbour. #PropertyInvestment #RealEstateInvesting #FirstTimeInvestor #PropertyManagement #RentalYields #CapitalGrowth #RealEstateFinance #InvestorAdvice #PropertyPortfolio #RealEstateStrategies  #sydneyproperty #Melbourneproperty #brisbaneproperty #perthproperty  #adelaideproperty #canberraproperty #PerthRealEstate #hobartproperty  #RealEstate  #RealEstateNews #MortgageTips #PropertyMarket #FinanceAustralia #BrisbaneInvesting   #RealEstateDevelopment #adelaide #PerthRealEstate #FirstHomeBuyer #AustralianProperty #AustralianRealEstate #PropertyMarketUpdate #MortgageAustralia #FinanceTips #HousingAffordability #RealEstateTrends #AussieProperty  #MortgageRates #HomeLoans  #PropertyMarket #MortgageTips #InterestRates  #BrisbaneProperty #QLDRealEstate #PropertyInvestment #AustralianHousingMarket #AdelaideProperty #AdelaideRealEstate #InvestInAdelaide #SouthAustraliaProperty #AustralianRealEstate #HousingTrends#MelbourneHousing #MelbourneInvestment  #MelbourneMarket  #PropertyInvestment #RealEstateTips #WealthBuilding #InvestmentStrategy #HomeBuying #AustralianProperty    

In this episode, Mike Burkhead III shares his inspiring journey from starting with just a thousand dollars to managing 800 units and selling for $50 million. He discusses his Mirage Method course, the importance of integrity, and strategies for success in real estate and coaching.   Professional Real Estate Investors - How we can help you: Investor Fuel Mastermind:  Learn more about the Investor Fuel Mastermind, including 100% deal financing, massive discounts from vendors and sponsors you're already using, our world class community of over 150 members, and SO much more here: http://www.investorfuel.com/apply   Investor Machine Marketing Partnership:  Are you looking for consistent, high quality lead generation? Investor Machine is America's #1 lead generation service professional investors. Investor Machine provides true 'white glove' support to help you build the perfect marketing plan, then we'll execute it for you…talking and working together on an ongoing basis to help you hit YOUR goals! Learn more here: http://www.investormachine.com   Coaching with Mike Hambright:  Interested in 1 on 1 coaching with Mike Hambright? Mike coaches entrepreneurs looking to level up, build coaching or service based businesses (Mike runs multiple 7 and 8 figure a year businesses), building a coaching program and more. Learn more here: https://investorfuel.com/coachingwithmike   Attend a Vacation/Mastermind Retreat with Mike Hambright: Interested in joining a "mini-mastermind" with Mike and his private clients on an upcoming "Retreat", either at locations like Cabo San Lucas, Napa, Park City ski trip, Yellowstone, or even at Mike's East Texas "Big H Ranch"? Learn more here: http://www.investorfuel.com/retreat   Property Insurance: Join the largest and most investor friendly property insurance provider in 2 minutes. Free to join, and insure all your flips and rentals within minutes! There is NO easier insurance provider on the planet (turn insurance on or off in 1 minute without talking to anyone!), and there's no 15-30% agent mark up through this platform!  Register here: https://myinvestorinsurance.com/   New Real Estate Investors - How we can work together: Investor Fuel Club (Coaching and Deal Partner Community): Looking to kickstart your real estate investing career? Join our one of a kind Coaching Community, Investor Fuel Club, where you'll get trained by some of the best real estate investors in America, and partner with them on deals! You don't need $ for deals…we'll partner with you and hold your hand along the way! Learn More here: http://www.investorfuel.com/club   —--------------------

I assume it's a portmanteau of "gallant" and "valiant?" Obviously neither of those have an E in them, but it's a language thing. In Japanese an E sound makes more sense there. All I have is my theories, because I've never seen this show, and I'm on the pod with two people who have a lot of thoughts about it. You can find a video version of this podcast for free on Scanline Media's Patreon! Don't forget to check out Grant on Bluesky, and also check out The Disappearances of Lydia Fountayne, a ten episode audio drama mystery! The first episode is out now, and if you want more, it's just a few days away- the rest of the season releases June 21st! If you want to find us on Bluesky, Dylan is lowpolyrobot.bsky.social and Six is six.scanlinemedia.com. Our opening theme is the Hangar Theme from Gundam Breaker 3, and our ending theme for this episode is Resumption from Gundam Breaker 4. Our podcast art is a fantastic piece of work from Twitter artist @fenfelt. Want to see a list of every unit we've covered from every episode, including variants and tangents? It's right here. Grant's intro music is Vlog Beat Background by Tunetank, a royalty free song used with our gratitude. The Scanline Media Discord can be found here! Units discussed: Galient Assault Galient Iron Giant Galient Cursed Soldier Ratt Robo-Dou Galient

This week, I sit down with my colleague Jim Kenny, Assistant Vice President for Development, Schools and Units at Yale, to explore his career journey and the lessons he's learned along the way. In an open and candid conversation, Jim shares his insights on career growth, recognizing when it's time for a change, and positioning yourself for success. Tune in for practical advice and thoughtful reflections on navigating your own professional path.

A conversation with another baseball player completely changed Jason Postill's life. While trying to continue his professional baseball career, Jason heard a veteran player explain that he made his wealth through apartment investing, not sports. That moment sparked Jason's interest in real estate and eventually led him into the mobile home park business. In this episode, Jason shares how he went from commercial brokerage to building a portfolio of more than 2,000 mobile home park units across 26 communities. He explains why he believes affordable housing remains one of the strongest asset classes, what challenges come with operating manufactured housing communities, and how he gradually learned to raise capital and scale operations. Jason also talks about the mindset lessons he carried over from professional sports, including discipline, consistency, leadership, and learning how to handle failure. Key Topics and Takeaways How professional baseball led Jason into real estate Why mobile home parks stood out as an asset class The biggest infrastructure challenges in manufactured housing How resident-owned homes improve retention Why Arkansas became a key market for growth How raising capital evolved as the business scaled The mindset lessons sports taught him about business Guest Information Jason Postill is a mobile home park investor and operator focused on affordable housing communities. Instagram: Jason Postill Instagram Call to Action Connect with Jason through Instagram to learn more about affordable housing, mobile home park investing, and commercial real estate opportunities.

Louie looks at what CBS says are the top 10 units for CFB 2026 and does not agree with all of them, some Aggie Football, and text messages. 

In today's FittBite, we break down one of the most misunderstood conversations in manufacturing: MOQ requirements.This FittBite explains why a factory's minimum order quantity is often tied to factors like fabric, dyeing, trims, machine setup, and production efficiency rather than the product itself. We also cover how experienced brands think in product systems, how to communicate sample feedback in production language, and how to identify the real drivers behind cost and manufacturing constraints.Tune in to learn how to ask better questions, work more effectively with manufacturers, and make smarter product decisions.Book a 1 on 1 with our host, Shadi for personalized advice on how to create and grow your fashion business: https://www.fittdesign.com/services/consultationDesign your own collection with our instantly downloadable factory ready tech pack templates:  FittDesign Tech Pack TemplatesFollow our host on instagram:https://www.instagram.com/shadiadada/https://www.instagram.com/fittdesign/Got any other questions, email us for an instant response at:studio@fittdesign.comSubscribe to our weekly fashion design podcast (New episodes every Thursday at 4pm CST): https://podcasts.apple.com/gb/podcast/the-fittdesign-podcast/id1454410683Visit our website:https://www.fittdesign.com/Follow us on:https://www.linkedin.com/company/fittdesign/https://www.facebook.com/fittdesignhttps://www.pinterest.com/fittdesign/https://www.behance.net/fittdesign...

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What does it really take to scale from flipping houses to acquiring more than $300 million in real estate? In this episode, Paul Williams shares the lessons he learned after starting as a college student investor, building a trucking company, exiting that business, and going all-in on real estate. Paul breaks down his journey from single-family investing and high-volume house flipping to owning and operating nearly 2,000 multifamily units, while discussing capital raising, credibility, investor relationships, market cycles, and the opportunities he sees in today's multifamily market. He also shares candid insights on mistakes, lessons from both successful and struggling investments, why consistency matters more than speed, and how aspiring investors can build the track record, relationships, and confidence needed to grow in commercial real estate. If you're looking to raise capital, scale your portfolio, or learn from someone who has navigated multiple market cycles, this is an episode you won't want to miss. 5 Key TakeawaysWhy Paul Transitioned from Single-Family to MultifamilyAfter completing 20+ flips per year, Paul realized the constant transaction cycle was demanding and difficult to scale. Multifamily offered a path to larger-scale growth with greater efficiency. The Fastest Way to Build CredibilityEarly in his career, Paul leveraged the track records of experienced operators. Today, he emphasizes that consistency, relationships, and a proven track record are the strongest credibility builders in capital raising. How Organic Content Attracts InvestorsPaul shares how simple educational videos and consistent market visibility have generated investor interest, including reconnecting with people he hadn't spoken to in decades. Why Today's Market May Present a Major Buying OpportunityDespite investor caution following recent market challenges, Paul believes current market conditions are creating opportunities similar to previous strong buying periods, particularly for disciplined multifamily investors. The One Trait That Separates Successful InvestorsAccording to Paul, most people quit before they reach success. His advice is simple: stay in the game long enough, keep learning, keep building relationships, and eventually opportunities will compound in your favor.About Tim MaiTim Mai is a real estate investor, fund manager, mentor, and founder of HERO Mastermind for REI coaches.He has helped many real estate investors and coaches become millionaires. Tim continues to help busy professionals earn income and build wealth through passive investing.He is also a creative marketer and promoter with incredible knowledge and experience, which he freely shares. He has lifted himself from the aftermath of war, achieving technical expertise in computers, followed by investment success in real estate, management skills, and a lofty position among real estate educators and internet marketers.Tim is an industry leader who has acquired and exited well over $50 million worth of real estate and is currently an investor in over 2700 units of multifamily apartments.Connect with TimWebsite: Capital Raising PartyFacebook: Tim Mai | Capital Raising Nation Instagram: @timmaicomTwitter: @timmaiLinkedIn: Tim MaiYouTube: Tim Mai

Seattle had grand plans: 500 units of homeless housing ready for the 2026 World Cup. What taxpayers got instead is Bayside Village — 50 tiny homes in Interbay, each costing between $16,000 and $17,000 apiece. That's 75 total, roughly 15% of what was promised. City leaders are celebrating it anyway.The shelters are manufactured by Pallet, a company that markets them as emergency-room-style stabilization for the unsheltered. Even Pallet's own CEO acknowledges that housing alone won't fix the crisis — accountability and addiction treatment have to be part of the equation. Seattle's political class, led by progressives like Katie Wilson, keeps funding the same model and calling it progress.With fentanyl driving an overdose emergency that no number of pallet shacks can address, residents are left asking the obvious question: at what point does a $17,000 temporary shelter become an expensive way to not solve the problem? The math isn't complicated — 500 minus 75 is 425 units short, and counting.Subscribe to @reasonablenews for daily coverage of Pacific Northwest politics and the stories your local media won't tell you straight.#Seattle #HomelessCrisis #ConservativeNewsGO PREMIUM WITH REASONABLE+ FOR UNCENSORED ACCESS

They said it was too taboo to talk about. Too sensitive to market. Too uncomfortable to scale.Jhalesa Seymour turned it into a multi-million dollar empire.In this episode of Inside The Vault, Jhalesa breaks down how she built an eight-figure feminine wellness brand from her college dorm room — starting with just $67 and a problem no one wanted to address.No investors. No big box stores. No massive ad budget.Just conviction, focus, and a product that worked.Inside this episode, we cover:• How Jhalesa built a $70M brand from handmade soap • The power of word-of-mouth marketing (no ads for years) • The 150,000-unit breakthrough moment • Losing 20,000 orders overnight (and surviving it) • The $80,000 internal betrayal that changed everything • Why focus is the real eight-figure secret • How to scale a physical product business the right way • Building legacy beyond the moneyIf you've ever wanted to build a product-based business, dominate a niche, or turn something “too taboo” into a global movement — this is the blueprint.

In this week's Sister Solo, Jill and Jenna catch up on their big move—living just three floors apart! They dive into the reality of working and living so close as sisters, their upcoming fitness goals, and a much-needed conversation on the "optimization culture" sparked by recent health hot takes. Plus, Jenna shares her game-changing skincare find, and breaks down the importance of gallbladder support in Practitioner's Corner while Jill share some of her opinions on "Optimization Culture" and what's currently "IN" for her!In This Episode, We Discuss:- Life Updates- Influencer Reality: Behind-the-scenes of brand events and curated spaces- Fitness Goals: Training to become "units" and overcoming performance anxiety- Optimization Culture: Why extreme health "biohacking" is losing the plot- Practitioner's Corner: Deep dive into gallbladder health and bile support- Current Ins: Acne-clearing skincare, mouth tape, and the ultimate body butterLinks & Resources Mentioned:Face Reality Acne Med 2.5%: https://facerealityskincare.com/products/2-5-advanced-acne-med?srsltid=AfmBOoocDRN95WVJey6XjZ8aEzS2QRjzcsRSATUcwKAEG4FXmRqam6zlMouth Tape: https://www.vio2tape.com/pages/shopSwede Eyelash Growth Serum: https://shorturl.at/vdXXAShelter Skin Vanilla Body Butter: https://shorturl.at/ly2aoSupplements: TUDCA (Cellcore or Body Bio)Mooala Almond MilkConnect with Us:Subscribe to our YouTube Channel: https://www.youtube.com/@UCZ6TxRotnSSFq_pK2wPIn9Q Follow us on Instagram for daily updates!Instagram.com/guttalkgirls/Don't forget to like, comment, and subscribe! We love hearing your thoughts on these solo episodes.

This is our ninth SD Gundam episode, and I've already made all the jokes or cute wordplay. And some of y'all are like "oh were those supposed to be clever, before?" so I'm REALLY on thin ice. What I'll say then is that there's a real shortage of documentation of our final unit in this ep, and I am proud of us for being the ones to step up and do the work when others aren't. You can find a video version of this podcast for free on Scanline Media's Patreon! If you want to find us on Bluesky, Dylan is lowpolyrobot.bsky.social and Six is six.scanlinemedia.com. Our opening theme is the Hangar Theme from Gundam Breaker 3, and our ending theme for this episode is Resumption from Gundam Breaker 4. Our podcast art is a fantastic piece of work from Twitter artist @fenfelt. Want to see a list of every unit we've covered from every episode, including variants and tangents? It's right here. The Scanline Media Discord can be found here! Units discussed: Arsene Gundam X Knight Strike Gundam Zhang He Altron Gundam Verde Buster Team Member GF Gundam Astraea GF Gundam Astraea Type-F GF Gundam Astraea Type-B Captain Qan[T] GF General Fortress Anne Bonita Artemie Gundam

Greg McElroy goes through and ranks the Top 10 linebacker units in College Football heading into the 2026 season. Are the veteran leaders at Clemson and Pittsburgh enough and can Georgia just continue to reload with NFL caliber talent? Can transfers at Texas A&M and Texas keep the production level up and will Ben Roberts and Austin Romaine be able to pick up where Jacob Rodriguez left off? Can Indiana and Oklahoma keep up their domination, is the key to Auburn finally turning it around at linebacker and does Notre Dame have the deepest and most dominant linebacker unit in college football?    Learn more about your ad choices. Visit podcastchoices.com/adchoices

Many aspiring investors think they need a lot of money, experience, or the perfect market to get started in real estate. Soli Cayetano proves otherwise. In this episode of The Real Wealth Show, Kathy Fettke sits down with Soli to discuss how she bought her first out-of-state rental property while still in college, scaled to 25 units in her first year, raised millions in private capital, and eventually transitioned into boutique hotel investing.   Soli shares the lessons she learned building an out-of-state portfolio, raising private money, partnering with investors, and growing from a $98,000 rental property to multi-million-dollar hospitality projects. Whether you're just getting started or looking to scale your portfolio, this conversation offers practical insights on taking the next step in your investing journey.   Looking for beginner-friendly real estate investing resources? Download our recommended books and guides at www.RealWealth.com/BeginnerBooks.   Timestamps: 00:00 – Intro 01:19 – RealWealth Beginner Books Resource 01:30 – Soli's Beginning in Real Estate 04:30 – Investing Out of State 06:00 – Building an Out-of-State Team 07:40 – 25 Units in One Year & Raising Private Money 09:39 – The First Private Money Deal 11:02 – Private Money Terms Explained 12:05 – Equity Deals & Key Lessons Learned 13:14 – Soli's Money Upbringing 16:00 – Transitioning Into Boutique Hotels 19:30 – Soli's Five-Year Vision 21:00 – Starting Small and Scaling Up 23:17 – Outro   DISCLAIMER The views and opinions expressed in this podcast are provided for informational purposes only, and should not be construed as an offer to buy or sell any securities or to make or consider any investment or course of action. For more information, go to www.RealWealthShow.com.

Greg McElroy goes through and ranks the Top 10 linebacker units in College Football heading into the 2026 season. Are the veteran leaders at Clemson and Pittsburgh enough and can Georgia just continue to reload with NFL caliber talent? Can transfers at Texas A&M and Texas keep the production level up and will Ben Roberts and Austin Romaine be able to pick up where Jacob Rodriguez left off? Can Indiana and Oklahoma keep up their domination, is the key to Auburn finally turning it around at linebacker and does Notre Dame have the deepest and most dominant linebacker unit in college football?    Learn more about your ad choices. Visit podcastchoices.com/adchoices

Most investors with 60 units didn't start with capital, connections, or a roadmap. Andres Bernal started with $500 and an FHA loan on a three-unit in Connecticut. He built that rental portfolio from there, one deal and one strategy at a time, until the income replaced his day job entirely. About Andres Bernal Andres Bernal came to the United States in 2012 as a professional tennis player from the Dominican Republic. He began investing in real estate in 2016 while still coaching full-time. Today he owns more than 60 rental units across Section 8, student, and long-term rentals, with a portfolio valued over $12 million. He is also the author of Born to Retire Young and currently runs three to five fix-and-flip projects per month in Connecticut. What We Cover in This Episode Why house hacking with an FHA loan is still the most reliable first move for new real estate investors How Andres scaled from 18 units to 60 in just two years by partnering strategically The case for student rentals: higher rents, parent co-signers, and lower effective expenses than traditional long-term rentals Why Connecticut is one of the hottest real estate markets in the country right now and why nobody is talking about it The tenant education process Andres runs at every move-in and why it is the single biggest factor in smooth property management How he manages three to five flips per month with 12 in-house contractors and a four-person rental management team When to sell a rental property with strong equity but weak cash flow and what to do with the proceeds Key Insight Andres bought his first house hack in 2016 for $210,000. It appraised last year at nearly $500,000. After refinancing, it cash flows $1,600 per month. He still owns it. That one deal funded everything that came after. Why This Episode Matters If you are sitting on the sideline waiting for the right market or the right amount of money, this episode is worth your time. Andres did it with $500, no network, and a coaching job. The strategies he used, house hacking, the BRRRR method, student rentals, and strategic flipping, are all still available to investors who are willing to execute. Find Out More Andres Bernal's book, Born to Retire Young, is available on Amazon. Proceeds from book sales go toward a charity in the Dominican Republic that supports improving the school system for children. His second book on flipping is expected mid-2026. Instagram: @AndresBerna1 Facebook: Andres Bernal Sponsors Today's episode is brought to you by Green Property Management, managing everything from single family homes to apartment complexes in the West Michigan area. www.livegreenlocal.com And RCB & Associates, helping Michigan-based real estate investors and small business owners navigate the complex world of health insurance and Medicare benefits. www.rcbassociatesllc.com

https://www.youtube.com/watch?v=eviCkCMCswA Learn more about your ad choices. Visit megaphone.fm/adchoices

PRIMETIME: Why the Titans WR room is one of the most improved units in the NFL For More PRIMETIME coverage follow us here: www.atozsports.com/nashville Podcasts: atozsports.com/podcasts Facebook: https://www.facebook.com/atozsportsnashville  Instagram: https://www.instagram.com/atozsports/  Twitter: https://twitter.com/AtoZSports  TikTok: https://www.tiktok.com/@atozsportsnashville #AtoZSports #TennesseeTitans #NFLFootball #Titans #NFLUpdates #NFLFootball Learn more about your ad choices. Visit megaphone.fm/adchoices

Welcome to Wholesale Hotline Podcast (Wholesaling Inc Edition), where Brent brings unmatched energy and no-BS strategies straight from his own real-world wholesaling business to help you crush it in yours.Show notes -- in this episode we'll cover:Master cold calling, lead generation, and sales scripts to consistently close deals.You'll learn the latest on the most cutting-edge techniques—like PPC, texting, and automated follow-up systems.Learn how to build confidence, overcome objections, and dominate your local market.Brent shows how talking to people is the fastest, most direct path to wholesale success.Real-life case studies, role plays, and mindset shifts that turn hustle into high income.Please give us a rating and let us know how we are doing!➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖☎️ Welcome to Wholesale Hotline & TTP Breakout

Molly McKew is raising urgent funds for Ukrainian units that need help replacing critical equipment destroyed in a Russian strike and building a mobile rehabilitation hub for wounded soldiers near the front lines. Donate directly at:  PayPal.me/MollyKMcKew Learn more about your ad choices. Visit megaphone.fm/adchoices

In this episode of the Inventory Genius Podcast, I'm serving up a major wake-up call for product-based business owners: revenue does not equal profit. If you've ever had a record-breaking sales month but still feel completely broke, or if you're making major business decisions based on a gut feeling rather than actual data, this episode is for you. I break down the massive misconception that growing your top-line revenue automatically means scaling your business. In fact, without a clear picture of your numbers, a product business can easily sell itself right out of business due to skyrocketing fulfillment costs and hidden inventory drains. I share the exact four-bucket framework I use with my clients to strip the emotion out of finances, stop the reactive discounting, and give you the ultimate roadmap to smart cash flow. Key Takeaways Feelings Are Not a Financial Strategy: Making reactive decisions based on emotion leads to overstocking, undercharging, and unnecessary discounting. Data gives you the confidence to say yes or no to hires, ad spend, and wholesale inquiries. The Revenue Trap: Product businesses can easily grow themselves out of business if their cost of goods sold (COGS) is too high or if inventory is mismanaged. Your Secret Weapon: Gross margin is the single most overlooked and underutilized number in a product business, but it serves as the absolute backbone of a sustainable brand. The 4 Buckets of Numbers To make your data easy to digest, I break down your business metrics into four distinct categories: Revenue & Sales: Total sales, sales by revenue stream (e-commerce, wholesale, brick-and-mortar), average order value (AOV), and units per transaction (UPT). Profitability: Gross margin per product, total COGS (materials, packaging, labor), and net profit/loss. This is where vanity metrics end and true scaling begins. Inventory & Cash Flow: The value of inventory on hand, inventory turn (what's moving vs. sitting), and cash in versus cash out. Customer Metrics: New vs. returning customer ratios, email list growth, and store/website conversion rates. These allow you to accurately predict future revenue trends. Your Financial Hygiene Rhythm Different numbers require a different review process. I recommend establishing a dedicated routine—like our signature Money Mondays—to check in on your business health. The Weekly Checklist - Total revenue (this week vs. last week)- Units sold by product category or brand- Average order value (AOV)- New email subscribers or customer acquisition numbers- Cash balance in your dedicated inventory checking account- Outstanding invoices or bills due- Top-selling products- Ad spend vs. revenue generated from ads The Monthly Checklist - Total revenue vs. the prior month and the same month last year- Breakdown of revenue by specific revenue stream- Gross margin by your top 5 products or brands (be ruthless here!)- Total cost of goods sold (COGS) for the month- Full financial review (Profit & Loss statement and Balance Sheet)- New vs. returning customer ratios- Total marketing spend vs. total revenue generated Work with Me - https://www.ciarastockeland.com/work-with-meVisit the Bookstore - https://www.ciarastockeland.com/bookstoreSign Up for Free Weekly Tips and Trainings - https://www.ciarastockeland.com/subscribe More About the Episode Sponsor:Simply Lynn's Creative (https://simplylynnscreative.com/) - With real retail roots and 225+ brands served since 2018, Simply Lynn's Creative partners with retailers and product-based businesses on branding, Shopify website design, and Klaviyo email marketing. They build the strategy, the systems, and the confidence to help you grow a brand that looks the part and sells to match! Use code CS15 at checkout, and save 15% off anything in the Resources Shop!

In this episode of the Inventory Genius Podcast, I'm serving up a major wake-up call for product-based business owners: revenue does not equal profit. If you've ever had a record-breaking sales month but still feel completely broke, or if you're making major business decisions based on a gut feeling rather than actual data, this episode is for you. I break down the massive misconception that growing your top-line revenue automatically means scaling your business. In fact, without a clear picture of your numbers, a product business can easily sell itself right out of business due to skyrocketing fulfillment costs and hidden inventory drains. I share the exact four-bucket framework I use with my clients to strip the emotion out of finances, stop the reactive discounting, and give you the ultimate roadmap to smart cash flow. Key Takeaways Feelings Are Not a Financial Strategy: Making reactive decisions based on emotion leads to overstocking, undercharging, and unnecessary discounting. Data gives you the confidence to say yes or no to hires, ad spend, and wholesale inquiries. The Revenue Trap: Product businesses can easily grow themselves out of business if their cost of goods sold (COGS) is too high or if inventory is mismanaged. Your Secret Weapon: Gross margin is the single most overlooked and underutilized number in a product business, but it serves as the absolute backbone of a sustainable brand. The 4 Buckets of Numbers To make your data easy to digest, I break down your business metrics into four distinct categories: Revenue & Sales: Total sales, sales by revenue stream (e-commerce, wholesale, brick-and-mortar), average order value (AOV), and units per transaction (UPT). Profitability: Gross margin per product, total COGS (materials, packaging, labor), and net profit/loss. This is where vanity metrics end and true scaling begins. Inventory & Cash Flow: The value of inventory on hand, inventory turn (what's moving vs. sitting), and cash in versus cash out. Customer Metrics: New vs. returning customer ratios, email list growth, and store/website conversion rates. These allow you to accurately predict future revenue trends. Your Financial Hygiene Rhythm Different numbers require a different review process. I recommend establishing a dedicated routine—like our signature Money Mondays—to check in on your business health. The Weekly Checklist - Total revenue (this week vs. last week)- Units sold by product category or brand- Average order value (AOV)- New email subscribers or customer acquisition numbers- Cash balance in your dedicated inventory checking account- Outstanding invoices or bills due- Top-selling products- Ad spend vs. revenue generated from ads The Monthly Checklist - Total revenue vs. the prior month and the same month last year- Breakdown of revenue by specific revenue stream- Gross margin by your top 5 products or brands (be ruthless here!)- Total cost of goods sold (COGS) for the month- Full financial review (Profit & Loss statement and Balance Sheet)- New vs. returning customer ratios- Total marketing spend vs. total revenue generated Work with Me - https://www.ciarastockeland.com/work-with-meVisit the Bookstore - https://www.ciarastockeland.com/bookstoreSign Up for Free Weekly Tips and Trainings - https://www.ciarastockeland.com/subscribe More About the Episode Sponsor:Simply Lynn's Creative (https://simplylynnscreative.com/) - With real retail roots and 225+ brands served since 2018, Simply Lynn's Creative partners with retailers and product-based businesses on branding, Shopify website design, and Klaviyo email marketing. They build the strategy, the systems, and the confidence to help you grow a brand that looks the part and sells to match! Use code CS15 at checkout, and save 15% off anything in the Resources Shop!

What does it take for a professional snowboarder, six X Games appearances, gold and silver medals, fifteen years on tour, to land in real estate? For Dan Brisse, the answer was watching the guys five and ten years ahead of him lose their houses, their cars, and worse.That was the wake-up call. While most of his peers spent every pay raise on the biggest house they could buy, Dan was reading books and buying apartments. By the time his snowboarding career ended, he had 70-some units already producing passive income.Today Dan co-leads Granite Towers Equity Group, a 3,300-unit multifamily portfolio focused on Dallas-Fort Worth, Nashville, and select Minnesota submarkets. The playbook is disciplined: newer assets (1985 and up), 140 to 300 units, $20 to $40 million purchase price, 95%+ occupancy submarkets with real pent-up demand. Eighty-twenty split with LPs. Sixty-five to seventy-five percent loan-to-value, fixed rate, non-recourse. CapEx raised liquid up front, so the bank cannot force a bad spend.What you'll hear:The chairlift moment that reframed every financial decision Dan has made sinceWhy 78% of pro athletes are broke within three years of retirement and the side-hustle move he made to avoid joining themThe Cleburne, Texas case study: $6.75M acquisition, $2.1M LP raise, full-cycle returnsA second case study where interior upgrades and water conservation drove a 1.8x equity multiple in two yearsWhy Dan believes we are in a generational buying window with multifamily trading at 30-40% discounts versus 2021-22 peaksHis sharpest definition of wealth, and why "rich" and "wealthy" aren't the same thingLearn more about Granite Towers Equity Group: https://www.granitetowersequitygroup.com/contact-usElevista - Speed as a Service™Elevista Connect is the first AI-powered lead conversion system built for real estate investors.

Don't get a big head, folks. It just makes for a bigger target. Unless it's sufficiently up-armored, in which case maybe it's fine? Then again, I believe the "Danger Melon" that we're discussing today ended up in a fight against Chirico Cuvie, and such fights kinda only go the one way. But don't spoil for me, I don't actually know the answer to how it went! I guess it's POSSIBLE someone beat Chirico. Once. And then lost the rematch. You can find a video version of this podcast for free on Scanline Media's Patreon! If you want to find us on Bluesky, Dylan is lowpolyrobot.bsky.social and Six is six.scanlinemedia.com. Our opening theme is the Hangar Theme from Gundam Breaker 3, and our ending theme for this episode is Resumption from Gundam Breaker 4. Our podcast art is a fantastic piece of work from Twitter artist @fenfelt. Want to see a list of every unit we've covered from every episode, including variants and tangents? It's right here. The Scanline Media Discord can be found here! Units discussed: B-ATH-XX Ecrevisse “Danger Melon” B-ATH-X19 Grabar B-ATH-XXX Squid

You don't need a big market, huge salary, or even a college degree to invest in real estate. Today's guest had a very simple goal when he started: replace his $12/hour construction job. He's already achieved that, and today, he owns seven rental properties…and counting! Welcome back to the Real Estate Rookie podcast! Nathan Shelby has dabbled in several investing strategies, from mobile home lots to fixer uppers. But he's recently landed on a strategy that allows him to use the BRRRR method (buy, rehab, rent, refinance, repeat) on new construction homes—just without the renovations. Despite investing in a relatively small town, one of these properties appraises for roughly twice the cost to build it, allowing Nathan to pull 100% of his cash out for the next one! Nathan has found his groove in the last couple of years, but it wasn't always smooth sailing. In this episode, he shares some of the biggest mistakes he made early on—pitfalls you can easily avoid. Stay tuned to learn about the systems and tools you should implement on day one, how to dial in your tenant screening process, and why new construction is often easier than renovating! In This Episode We Cover How Nathan scaled to 10 rental units without a big salary or college degree How to find highly profitable real estate deals outside of the MLS Why new construction is often easier than rental renovations Must-have systems and tools to build and scale your real estate portfolio Three of the biggest mistakes new investors make (and how to avoid them) And So Much More! Check out more resources from this show on ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠BiggerPockets.com⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ and ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠h⁠t⁠⁠tps://www.biggerpockets.com/blog/rookie-725⁠⁠. Interested in learning more about today's sponsors or becoming a BiggerPockets partner yourself? Email ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠advertise@biggerpockets.com⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠.  Learn more about your ad choices. Visit megaphone.fm/adchoices

Last time we spoke about the second phase of the One Hundred Regiment Offensive.  During the second phase of the Hundred Regiments offensive, CCP forces emphasized strongpoint and transportation warfare across the Taihang/Jizhong area. Units were organized with wings containing Japanese positions while a central force struck deeper, as in the Renhe Dasu fighting in early October 1940. Night raids seized strongholds, while engineers and sabotage teams disrupted roads, bridges, and mobility, and ambushes targeted Japanese foraging and supply routes. Across these theaters, the strategy was consistent: make Japanese control porous by destroying or capturing local nodes and forcing constant repairs, re-routing, escorts, and slowed reinforcement, so occupation logistics and strongpoint networks could not function reliably. This approach supported wider offensives by isolating strongpoints, draining enemy strength, and giving Communist base areas room to endure and expand.   #204 The One Hundred Regiment Offensive Phase Three Welcome to the Fall and Rise of China Podcast, I am your dutiful host Craig Watson. But, before we start I want to also remind you this podcast is only made possible through the efforts of Kings and Generals over at Youtube. Perhaps you want to learn more about the history of Asia? Kings and Generals have an assortment of episodes on history of asia and much more  so go give them a look over on Youtube. So please subscribe to Kings and Generals over at Youtube and to continue helping us produce this content please check out www.patreon.com/kingsandgenerals. If you are still hungry for some more history related content, over on my channel, the Pacific War Channel where I cover the history of China and Japan from the 19th century until the end of the Pacific War. After the two large-scale offensives carried out over wide areas of North China, the Japanese army did what it always did when control started to slip: it tried to turn mobile pressure back into something it could "manage" again. The Eighth Route Army's continued fighting had shown that Japanese-occupied space was not secure, and that base areas could still resist, strike, and persist even while under counterpressure. That was dangerous for occupation. If the enemy could keep operations going, Japanese lines of movement stayed uncertain and "stabilization" became a temporary illusion. To prevent the situation from worsening and to re-stabilize the occupied areas as quickly as possible, the Japanese mobilized heavy forces and launched retaliatory counter–"mopping-up" operations against anti-Japanese base areas in North China beginning October 6. The Japanese attempt wasn't only to punish; it was designed to take advantage of an asymmetry: the Eighth Route Army was striking and fighting continuously, and it did not have the luxury of resting, replenishing, and re-cohering as neatly as a garrison army might. Japanese commanders hoped that if they struck hard enough in enough places, the Communist main forces could be isolated, destroyed, or at least forced into a defensive posture that would break their operational tempo. At Liaodong and Yulin, Japanese reinforcements also created a second political-military stake. After the Yuliao Campaign ended, the Eighth Route Army headquarters issued instructions on October 1 to major regions, warning that enemy reinforcements in Liaodong and Yulin might use the opening to "sweep" the Taibei region. In the Communist operational mind, this wasn't just one threat; it was a pattern. A "sweep" could come as a wave that pushed inward, burned villages, destroyed supplies, and tried to force Communist forces out of their protected networks. Even if the offensive couldn't win a conventional decisive battle, it could aim to strip the base areas of people, food, and mobility—things that make guerrilla and strongpoint warfare possible. By October 19, 1940, the Eighth Route Army headquarters issued a counter–"mopping-up" operation plan, and civilian and military authorities in various regions launched counter-"mopping-up" operations accordingly. This is important background: in these campaigns, "mopping-up" was not only an army activity. The Japanese were attempting to break the base system itself—its logistics, its local administration, and the relationship between armed units and civilians who hid, moved, fed, and replaced them. So the counter-operations had to be just as systemic. The Communists needed to keep people alive, keep movement possible, and keep the enemy from consolidating inside a cleared space. In southeastern Shanxi's Taihang and Taiyue regions, the Japanese 1st Army aimed to strike the main force of the 129th Division and destroy anti-Japanese base areas by running a series of mopping operations from October 6 to December 5. The plan had a typical occupation logic: push through strongholds gradually, clear pockets methodically, and rely on local superiority—especially in manpower, logistics, and the ability to reinforce by road. And because the Communist main force had been operating without meaningful rest after the earlier offensives, the Japanese believed they could catch formations while they were still "in between battles." On October 6, in the Taihang region, more than 800 enemy troops from Wu'an in western Hebei began a "mopping-up" operation in the Yangyi area. By October 11, the Japanese posture escalated. Part of the Japanese Independent Mixed 4th Brigade departed from Liaoxian and Wuxiang, while part of the 36th Division departed from Lucheng and Xiangyuan; together they totaled over 3,000 troops. Coordinating from north and south, they carried out operations to "mop up" both banks of the Zhuozhang River between Yulin, Liaoxian, and Wuxiang, encircling and clearing the south side of the Yulin–Liaoxian highway. This emphasis on riverbanks and highway corridors reveals the Japanese method: move along terrain that controls movement, then compress enemy options until the defenders have to fight inside a narrowing space. The counter to that method required more than bravery. The Eighth Route Army's 385th and 386th Brigades, along with the 1st Column of the Decisive Battle, fought on inner lines—where they could move more rapidly between known local positions and threaten the enemy's flanks or supply behavior. Meanwhile the New 10th Brigade fought on outer lines, where it could intercept, delay, and force the enemy to spend time reacting instead of clearing. By the morning of October 15, the New 10th Brigade delivered a concrete example of that interception strategy. Two regiments ambushed an enemy motor-transport convoy at Gongjiagou on the Heliao Highway, destroying more than 40 vehicles and annihilating more than 100 Japanese soldiers escorting the convoy. The meaning of a convoy ambush is strategic even when the numbers are modest: vehicles represent speed, logistics, and reinforcement. If the enemy loses vehicles repeatedly, "mopping" becomes slower, and slower clearing creates openings for the defenders to reorganize, disperse, or shift main effort. After that, on October 17, the enemy forces that had been mopping up the convoy withdrew in different directions. Withdrawal in multiple directions is a sign that the Japanese clearing operation, meant to compress a space, had instead been forced into a reactive mode. It also hints at a recurring pattern in these years: Japanese units could clear what was already weak, but when defenders hit their movement corridors, the occupiers had to spend time and combat power simply to recover mobility. The next major sweep began October 20, 1940, and it was much larger. Nearly 10,000 troops—from the 36th Division and Independent Mixed Brigade No. 4—set off from multiple locations, including Wu'an, Liaoxian, Wuxiang, and Lucheng, to sweep the area east and west of the Qingzhang River, focusing on land between Matian and Zuohui. Crucially, that was not random ground. The Japanese sought to strike the CCP Central Committee Northern Bureau, the Eighth Route Army headquarters, and the 129th Division headquarters, along with party and government organs of the Jin-Ji-Yu Border Region, located together with Shexian and Piancheng. In other words, the Japanese targeted not just armed units but the political-administrative heart that makes base areas function. Once in the attack area, the Japanese carried out "mopping-up" operations paired with burning and killing for several days. That brutality wasn't only cruelty; it served a purpose. Burning villages, destroying crops, and killing civilians could deny the base area food and shelter while making local cooperation more difficult. Then, on October 26, the Japanese began to withdraw and carried out mopping-up in different areas on the way back. The base area was "severely damaged and destroyed," indicating that even when the Japanese didn't annihilate the main Communist force, they could still achieve degradation—hurting the system they needed to keep operating. But the Communists were not simply absorbing damage. On October 29, a force of over 500 men from the 36th Division, plus over 400 supply and laborers, was mopping up Huangyandong and advanced through Zuohui to Guanjia'nao east of Panlong, preparing to return to Wuxiang. This is where counter-mopping becomes operationally dangerous for the occupier. Supply and labor detachments move differently from combat formations, and they represent an enemy's assumption that the base area is being "cleared." The Eighth Route Army headquarters ordered, at 1:00 p.m., for the 129th Division to concentrate its main force to annihilate the enemy. That night, the 129th Division—uniting the main forces of the 385th and 386th Brigades, parts of the New 10th Brigade, and the First Column of the Death Squad—surrounded the enemy at Guanjia'nao with a plan to launch a general offensive at 4:00 a.m. The besieged enemy, besides quickly building fortifications, seized Fengkengding high ground southwest of Guanjia'nao under cover of darkness. The two high points helped defenders support one another and resist stubbornly. The battle lasted until dawn on October 31, when most of the enemy had been annihilated, leaving only more than 60 men to hold positions. Then reinforcements arrived—over 1,500 from Huangyandong—supported by more than 10 aircraft. The 129th Division withdrew, and the remaining enemy fled toward the flood, leaving behind more than 280 corpses. By then, most Japanese troops had withdrawn from the central base area. The background stake is clear: "mopping-up" could damage and burn, but if defenders could convert the Japanese attempt into a trap—especially when enemy units had become separated from their core and committed to clearing—they could turn a destructive operation into a costly one for the occupier. In early November, the Japanese continued. In Licheng south of Taihang, Japanese forces invaded Nanweiquan and Beiweiquan and then Xijing. Elsewhere, Japanese forces in Xiangyuan invaded Panlong via Xiying, attempting to attack Dongtian and the area around Zhuanbi, where the Eighth Route Army headquarters was located. In that moment, the 386th Brigade was ordered to rush to the north–south line of Damocun, east of Panlong, block the invading enemy, and cover the transfer of the Eighth Route Army headquarters. At 9:00 a.m. on November 3, 1940, fierce fighting broke out as the troops finished deploying near Damocun. The Japanese launched continuous attacks and captured some positions. The 386th Brigade held until 4:00 a.m. on November 4, then withdrew after the headquarters successfully moved. The Japanese attempt to launch a pincer attack failed, and they retreated to the Baijin Line on November 5. Even when Japanese action couldn't be fully blocked, the counter's aim was not only tactical survival but prevention of strategic encirclement—protecting the central institutions and preserving the ability to fight again. In the northern Taihang region, more than 2,500 enemy troops from Heshun arrived in Yushe on November 3 via Hanwang Town and Changcheng Town, reinforcing Japanese forces in the Yu, Liao, and Wu areas. Then they carried out repeated mopping operations south of the Yuliao Highway, including Jiangtang, Lingshang, Songjiazhuang, Guojiao, and Dayouyi. Harassment and attacks by military and civilians forced Japanese troops back into their strongholds by the 13th. A "40-day" counter-mopping operation in Taihang came to an end. The term "40-day" isn't only calendar time; it suggests that these were not one-off battles but sustained campaigns of movement, dispersal, and repeated harassment meant to drain the enemy's capacity. Starting November 17, the Japanese launched a multi-pronged attack on Qinyuan and the area north of Guodao Town. The attack involved part of the 37th Division from Qin County and Nanguan Town, part of the Independent Mixed Brigade from Pingyao, Jiexiu, and Huo County, and a battalion of the 41st Division from Hongdong—more than 7,000 troops deployed to attack Qinyuan and the north area. But the Taiyue Military Region response shows how the Communist counter-mopping wasn't always to meet force with force. To avoid the enemy's "sharp edge," the Taiyue Military Region formed two detachments—Qin East and Qin West—with leadership and main force moving to both sides of the Qin River outside the Japanese attack zone, targeting scattered Japanese troops instead of being fixed into a single killing field. By November 23, due to harassment by local armed forces, the Japanese reached the attack zone and then carried out dispersed mopping operations. Qinyuan County was the most severely damaged, with more than 5,000 people killed (about one-tenth of its population), nearly 10,000 livestock killed and over 7,000 stolen, and 30,000 to 40,000 houses destroyed. Those details are brutal, but they explain why background stakes mattered: "mopping-up" was meant to break the social base. If civilians died or fled, the guerrilla system became harder to sustain. The response from the Dayue Military Region seized the opportunity created by Japanese dispersal. On November 23, the 42nd Regiment of the Qinxi Detachment annihilated more than 100 Japanese soldiers in Guantan. On November 27, parts of the 42nd and 59th Regiments killed or wounded more than 160 in Huhanping and Mabei. The Qindong Detachment's 17th and 57th Regiments inflicted serious damage in a series of places—Guang'ao, Chenjiagou, Longfosi, Wuyuanzhen, Nanweicun, Nanli, and more. The 17th Regiment's battle at Longfosi annihilated more than 100 Japanese. Additional heavy losses were inflicted by the 212th Brigade in Jiaokou. By December 5, the Japanese were forced to withdraw from the Taiyue area in separate routes. Strategically, dispersal punished the occupier because scattered units are harder to protect and easier to ambush. Across the Jin-Cha-Ji Border Region, anti-"mopping-up" operations unfolded gradually, beginning with the Pingxi area, the first target of the Japanese on the path toward the Japanese-held headquarters and rail lines. Pingxi mattered because it directly threatened the headquarters of the Japanese North China Area Army and Beiping—the puppet regime's center—and also threatened the Pinghan and Pingsui railways, North China's main transportation lines. So Pingxi became an operational priority: if the occupier couldn't keep the rail network secure, their ability to reinforce and supply their own strongpoints suffered. On October 13, 1940, more than 10,000 Japanese and puppet troops attacked Sanpo, the central area of the Pingxi base area, in 10 routes. This attack used a methodical, steady approach: advance gradually, rely on strongholds, and cover 5 to 10 kilometers each day. In response, the Pingxi Military Sub-district countered using timely maneuvers of its main forces and extensive guerrilla warfare. Over more than a week of fighting, the enemy was constantly harassed and attacked, wearing them down. Although Japanese troops penetrated deep, they failed to identify the main force's movements. By November 21, when the encirclement tightened further, the Pingxi main force jumped out from the Sanpo area and moved southwest. Encountering the enemy at Pengtou, it then moved to the Yegu and Datai line east of Bancheng. After the Japanese entered the Sanpo area, they conducted widespread burning and killing and looted grain. Starting from the 23rd, the Japanese retreated in different routes. By the end of October, the main force had withdrawn from Pingxi, but more than 2,000 troops remained in the Pingxi anti-Japanese base area to build strongholds and roads. Strongholds were added in places like Changping and Wanping—14 strongholds alone—and villages such as Dongzhaitang and Dujiazhuang came under their control. The base area began to shrink and shrink. That shrinkage is the other background stake: even when guerrilla forces avoid annihilation, the occupier may still carve away space through fortification. On October 19, 1940, the Eighth Route Army headquarters instructed that enemy attacks in Pingxi and Taihang might turn around and attack the Beiyue area. The Jin-Cha-Ji Border Region needed to prepare quickly to crush these "mopping-up" operations, coordinating Party, government, military, and civilians and conducting in-depth combat mobilization. The main force should assemble in appropriate positions and prepare to annihilate one or two enemy forces decisively. The headquarters also instructed the 129th and 120th Divisions to cooperate actively. By November 9, 1940, the Japanese struck again in a massive sweep. The 110th Division, along with other units and more than 14,000 puppet troops, launched a "mopping-up" operation in the jurisdiction of the 1st Military Sub-district. The Japanese and puppet troops moved in coordinated lines: along the line of Yi County, Dalonghua, Wang'an Town, Laiyuan, and Chajianling from north to south, while those in Baoding and Mancheng moved east to west. The intent was to squeeze Communist sub-district forces into a narrow area for a decisive battle. On November 10, the Jin-Cha-Ji Military Region issued operational guidelines and deployments for countering "mopping-up" operations. By the 12th, in response to Japanese widespread burning and killing, it further instructed that without hindering mobility, the main force could disperse a portion of troops—no more than one-third—to strike resolutely at attempts to burn and kill. That instruction captures the balance commanders tried to strike: disperse too much and you lose power; disperse too little and you become trapped by the occupier's brutality. The Japanese then attempted to pressure multiple places. On November 9, more than 6,000 enemy troops from Laiyuan, Yixian, and Baoding attacked Guantou, Yinfang, Huangtuling, and Shenbei. On the 12th, their attack failed; they burned and killed people before retreating in different routes. At that time, the 1st Military Sub-district assembled the 1st and 25th Regiments to intercept them. One enemy force of more than 800 was intercepted on the 14th as it retreated from Wujiazhuang to Yuangang; some were killed or wounded. Even so, the enemy broke through under aircraft cover and retreated to Guantou. On the way, it was intercepted again by the 20th Regiment, suffering heavy casualties, and it fled back to Mancheng. Then on November 13, more than 2,700 Japanese and puppet troops attacked the 3rd Military Sub-district; on November 14, about 2,600 advanced from Dingxiang, Dongye, and Wutai toward Fuping and its southwest area in two routes. The Japanese attacked with east-west coordination, launching joint attacks on Taiyu north of Fuping. The Jin-Cha-Ji Military Region headquarters and the command organs of the 3rd and 5th military sub-districts, along with the 2nd, 3rd, and 6th regiments and other troops, transferred to the outer line before the enemy encirclement formed. On the 16th, the Japanese launched a joint attack again on Taiyu and Zhangjiayu, and the guerrillas who failed to transfer fought hard. Commander Wang Pu and Deputy Director of the Political Department Hao Yuming were killed, and troops suffered more than 100 casualties. On November 18, the enemy from Taiyu quickly occupied Hanping City. By the 21st, enemy forces from Daying via Shentangbao and Wuwangkou, and from Wutai via Taihuai, Shizui, Longquanguan, and Xiaguan, also gathered in Fuping City. After occupying Fuping, the Japanese launched repeated attacks "sweeping" areas under the jurisdiction of the 3rd Military Sub-district from both inward and outward strongholds, conducting brutal burning and killing and destruction. On the night of November 21, the 2nd Regiment dispatched more than 30 men to raid Dangcheng and attack Japanese barracks with grenades. The Japanese panicked and fired guns and cannons all night. On the 26th, four plainclothes officers infiltrated Baoding and attacked a theater where the Japanese army was holding a meeting, causing panic among the Japanese. The enemy that had invaded the base area withdrew in different routes on the 25th. By December 3, 1940, most Japanese troops had withdrawn from the Beiyue area, but more than 1,000 remained along lines including Fuping, Wangkuai, Dangcheng, and Quyang to continue building points and roads in an attempt to occupy the area long-term. To force the enemy back, eliminate occupied points, and completely crush Japanese and puppet "mopping-up," the Jin-Cha-Ji Military Region organized the Fuping–Wangkuai Campaign starting December 9, with the 2nd, 3rd, 4th, and 6th regiments participating. At 21:00 on December 14, the 6th Regiment attacked enemy forces in Dongzhuang. The 1st Battalion captured three fortified positions on the north mountain of Dongzhuang and rushed into the village, only for Japanese counterattacks to recapture fortified positions and kill or wound more than 170 Japanese during the counterfight. The 4th Regiment attacked the enemy in Fuping; the 2nd Regiment and guerrilla forces entered Dangcheng and Lingshan. On the 21st, more than 130 enemy soldiers escorting more than 100 pack animals carrying military supplies reached Wangkuai and were completely annihilated when they reached Wanglinkou. By December 26, an ambush in the Xuancun area of the Pinghan Railway destroyed 14 Japanese trains and their vehicles as well as three heavy artillery pieces. On the 27th, more than 1,200 enemy troops advancing from Dongzhuang in Fuping were attacked in Luoyu and Tumen, suffering more than 140 casualties. The remaining Japanese withdrew from Fuping, Dongzhuang, and Wangkuai starting New Year's Day 1941. By January 4, the 55-day anti-"mopping-up" campaign had basically ended, with the Jin-Cha-Ji Military Region killing and wounding more than 2,000 Japanese and puppet troops while suffering 1,382 casualties itself. These numbers and dates show why background and stakes matter: the counter-mopping effort wasn't short. It was sustained, operationally demanding, and required continued offensive action even while facing superior Japanese resources. The pressure didn't end there. From October 25 to early November, about 4,000 Japanese troops, including the 16th Independent Mixed Brigade, launched a mopping operation in the Miyu and Loufan areas of the 8th and 3rd military sub-districts in northwestern Shanxi, but they were attacked by local soldiers and civilians. In mid-December, Japanese forces transferred additional strength: parts of the 37th Division from southern Shanxi and the 41st Division from southeastern Shanxi, along with parts of the 3rd, 9th, and 16th Independent Mixed Brigades and the 26th Division from northwestern Shanxi—totaling more than 20,000 troops—to prepare for a full-scale mopping operation in northwestern Shanxi. After the second phase of the Hundred Regiments Offensive ended, the 120th Division anticipated retaliation and actively prepared for counter-mopping. On October 30, the division was ordered to establish the Jin-Northwest Military Region, and on November 7, the military region was established in Lijiawan, Xing County. The Jin-Northwest Military Region had direct military sub-districts and six military sub-districts: the 2nd, 3rd, 4th, 8th, and Yanbei. Then the occupier escalated. Starting December 14, 1940, the Japanese launched a full-scale mopping operation against the Jin-Northwest region. More than 5,000 enemy troops invaded the Mi-Yu Town area of the 8th Military Sub-district, more than 4,000 invaded Lin-Xian, and more than 6,000 attacked Xing-Xian and the area south of Bao-De from strongholds such as Lan-Xian and Qi-Lan. By December 23, Japanese forces had occupied all county towns, most market towns, and Yellow River crossings in the Jin-Northwest region except for Bao-De and He-Qu counties, and began to implement a systematic policy commonly described as the "Three Alls" policy. The "Three Alls" emphasis is the clearest expression of stakes turning lethal. Japanese troops and traitors disguised themselves as the Eighth Route Army to lure and kill masses. They sent out core detachments to attack and repeatedly sweep the area, seeking to annihilate party, government, and military leadership organs—focusing on destroying the rear organs and facilities that made Communist endurance possible. According to incomplete statistics, more than 5,000 people were brutally killed during these sweeps. In Xingxian County alone, 150,000 catties of grain were looted and burned; in the 4th Military Sub-district, more than 5,000 head of livestock were looted and killed; and more than 19,000 houses and cave dwellings were burned down. In the early stage of this anti-mopping campaign, the Jin-Sui Military Region mainly used a portion of its forces to cooperate with local troops and guerrillas in widespread guerrilla warfare. They harassed and contained the attacking enemy, disrupted enemy transportation, and covered the transfer of the masses. The main force avoided the enemy's sharp edge and moved to the outer line to seek opportunities to attack the Japanese army. This describes the classic guerrilla operational pattern: avoid being fixed into a single decisive trap, but create enough friction that enemy operations degrade into a struggle they can't sustain. repeated attacks and ambushes during the mopping period across Miyu Town and other areas—units striking repeatedly, destroying roads, cutting off enemy transportation, and attacking enemy strongholds north of Dawu. To thwart the Japanese army's plans to build roads and fortifications—plans that would make future sweeps easier—the Jin-Sui Military Region instructed, on December 27, all sub-districts to mobilize forces to disrupt Japanese road construction and fortification. The 358th Brigade attacked enemy road construction from Lanxian to Dashetou and from Puming to Chijianling; the Independent 1st Brigade sabotaged the Dawu–Linxian highway; and the 4th Column of the Death Squad sabotaged the Dawu–Fangshan highway. Part of the Independent 1st Brigade's 2nd Regiment organized over 2,000 civilians to sabotage the Dawu–Sanjiao highway twice, forcing the enemy in Linxian to detour through Fangshan to contact Lishi. The Lishi guerrillas led civilians in two sabotage attacks on the Lishi–Jundu highway, destroying over 30 "li" of road. Other units attacked strongholds along key highways and destroyed or disrupted the "maintenance committees" that surrounded newly built enemy strongholds. There were also direct raids—storming into Linxian County and capturing representatives of enemy maintenance organizations. Meanwhile, the Workers' and Patriots' Brigade carried out continuous sabotage on the Taifen Highway. As the enemy plans ran into persistent disruption, Japanese and puppet forces began to retreat in different routes starting January 2, 1941, and by January 24 they returned to their original strongholds. The Jin-Sui winter counter-mopping operation lasted 40 days, annihilated more than 2,500 enemy troops, destroyed 125 kilometers of roads and 23 bridges, and recovered all towns occupied by the enemy during the campaign. Here the stakes show through most clearly: the campaign was not merely about killing enemy troops. It was about preventing the occupier from building a durable, road-connected grid that would allow future sweeps to be faster, larger, and more decisive. At the wider campaign level, the Eighth Route Army also recorded its total effects from August 20 to December 5, covering roughly three and a half months. During that period, the Eighth Route Army fought 1,824 battles of varying sizes, killing or wounding 20,645 Japanese soldiers (including senior officers), killing or wounding 5,155 puppet troops, and capturing 281 Japanese soldiers and 18,407 puppet troops. 47 Japanese soldiers surrendered voluntarily, and 1,845 puppet troops defected, totaling 46,380 people. The Communists captured 5,942 guns and 53 artillery pieces, and destroyed extensive transportation infrastructure: 474 kilometers of railway, 1,502 kilometers of highway, 213 bridges, 37 railway stations, 11 tunnels, more than 217,000 rails, more than 1,549,000 sleepers, more than 109,000 telephone poles, and more than 424,000 kilograms of telephone wire. Five coal mines and 11 warehouses were destroyed. The narrative further adds that when including casualties of Japanese and puppet forces across related engagements—such as Fuwang and the anti–mopping operations in northwest Shanxi—the total number of casualties reached more than 50,880. Japanese statistics were also cited for damage assessment, noting destruction of track and bridges across key railways (Zhengtai, Tongpu, Pinghan), telegraph pole damage, power line cuts, and effects on coal production—such as the Jingxing New Mine being unable to produce coal for at least six months. These details underline a broader background stake: infrastructure damage was meant to weaken the occupier's ability to keep its occupation apparatus working, even after the direct battles ended. The price of that multi-month struggle was high for the Eighth Route Army as well. Over the three and a half months leading up to the Hundred Regiments Offensive, the Eighth Route Army suffered 17,000 casualties, and more than 20,000 were poisoned. During the Hundred Regiments Offensive itself, post-war statistics state that the 129th Division suffered 7,362 casualties and 450 missing persons, and the entire division suffered 7,812 casualties. When you connect these lines—offensive sabotage, counter-offensives, Japanese mopping-ups, and anti-mopping resistance—you see why this second wave of fighting mattered. It wasn't only about whether the Japanese could respond to the offensive. It was about whether both sides could sustain their operational logic: the Japanese trying to stabilize occupation through "mopping," and the Communists trying to preserve base systems through dispersal, harassment, and counter-moves that convert the occupier's clearing effort into something too costly to maintain. The background of the Hundred Regiments offensive, who authorized it, who planned it, and why, remains unclear. The Japanese response was so severe that, in retrospect, it appeared to some as if the offensive had been a mistake. Some leaders, especially Mao, may have wanted to disavow it. Indirect hints in Mao's writings in subsequent months and years suggest he may have viewed it critically or harbored misgivings from the start. It was not the kind of strategy Mao preferred. More than twenty years later, during the Cultural Revolution, Red Guards charged that Mao had not even known of the plan in advance because of Peng Dehuai's alleged duplicity, at the time, Peng was being denounced. While this seems unlikely, it may contain some substance. In his own defense against these charges, Peng stated that after the 8RA headquarters—located not in Yan'an but in Jin-Cha-Ji—planned the operation, it sent mobilization orders downward to each regional command and also notified the Central Military Affairs Commission headed by Mao. In the original plan, the action would begin in early September. But, Peng wrote, to prevent enemy discovery and to ensure simultaneous surprise assaults—thereby inflicting an even greater blow to the enemy and the puppets—they began about ten days earlier than scheduled, during the last week of August. "So we did not wait for approval from the Military Affairs Commission (this was wrong), but went right into combat earlier than planned." There is also the issue of the "spontaneous" participation of more than eighty regiments without authorization from the Eighth Route Army headquarters, and not from Yan'an as well. If Peng Dehuai's account is accepted (written in 1970, shortly before his death), then Mao and Party Central had no role in conceiving or planning the Hundred Regiments campaign. In that case, the "grand strategy" motivations for undertaking it largely vanish—except perhaps insofar as they were considered by Peng and his colleagues. One alleged motive was to counter any tendency toward capitulation by Chiang Kai-shek and the Chongqing regime: if the war heated up and the CCP threw itself into fighting, any accommodation between Chiang and Japan would look like cowardly surrender. A related consideration was the Communist leadership's sensitivity to the charge that they were simply exploiting the war to expand their influence—avoiding Japanese combat while letting KMT armies bear the real burden of fighting. The Nationalists gave major publicity to the accusation that CCP policy devoted 70 percent of effort to expansion, 20 percent to coping with the KMT, and only 10 percent to opposing Japan. A third suggested motive was to divert attention from the New Fourth Army's offensives against Nationalist forces in Central China, which were peaking around the same time. Peng Dehuai acknowledged the campaign was "too protracted," yet he defended its importance in maintaining the CCP's anti-Japanese image in the wake of anti-friction conflicts, in demonstrating the failure of the cage-and-silkworm policy, in returning at least twenty-six county seats to base control, and in keeping "wavering" elements in line. Even if these reasons mattered less than regional and tactical calculations in launching the campaign, they could always be used for propaganda afterward. Whatever misgivings Mao and Party Central may have had, the Party kept them to itself. Mao radioed congratulations to Peng after his victory, and in public statements the Hundred Regiments were turned into legend. Even if the Hundred Regiments campaign aimed to defeat Japanese pacification efforts, it did not succeed in a decisive way. Shocked and stung by the 8RA's action, the North China Area Army intensified its efforts to bring North China under tighter control. Under General Tada and then his successor, General Okamura Yasuji (July 1941–November 1944), the Japanese inflicted brutal, sustained violence against all North China bases. Between 1941 and 1944, about 150,000 Japanese troops were assigned full-time to pacification duty, supported by roughly 100,000 Chinese auxiliaries of widely varying description and effectiveness. The remainder of the NCAA (about 150,000–200,000 men) was assigned to other tasks such as garrisoning major cities and containing Nationalist forces. Communist regulars were estimated at around 250,000 within base areas and 40,000 in SKN. The Japanese and their Chinese auxiliaries invested even more heavily than before in constructing moats, ditches, palisades, and blockhouses. Japanese sources claimed that by 1942 their forces had built 11,860 kilometers of blockade line and 7,700 fortified posts, mostly in the Hebei plains and the foothills of the Taihang mountains. A massive trench ran for 500 kilometers along the western side of the Pinghan railway line, with a depopulated and constantly patrolled zone on either side. The 250 Japanese outposts established in southern Hebei by December 1940 were more than quadrupled by mid-1942. These became the key means of controlling plains areas; by the end of 1941, all Communist bases in such terrain had been reduced to guerrilla status. Many main force units—such as those under Liu Cheng'ao and Yang Xiufeng—were compelled to move westward into mountains to survive. What distinguished the new Tada–Okamura approach from earlier tactics was the much larger and more protracted search-and-destroy thrust into the core mountain-base areas. They also replaced selective repression with indiscriminate, generalized violence. These infamous "Three-All" mop-up campaigns meant: kill all, burn all, loot all. Unable to distinguish ordinary peasants from Communists, the Japanese waged war on everyone. After attempting to seal off major consolidated regions in the base areas, they sent in very large detachments to search for Communist forces, civilian cadres, and activists. They also tried to destroy base facilities and war material stockpiles; to disrupt agriculture by burning crops or interfering with planting and harvesting; and to seize grain stores. Entire villages were razed, and everything alive found there was killed. Unlike earlier mop-ups that swept through an area and then departed, these campaigns left troops in the targeted zones for extended periods, "combing" the area back and forth and building at least temporary strongpoints in more accessible parts of mountain bases. These mop-up operations took a heavy and painful toll on rural populations. No doubt the harsh tactics and atrocities frequently committed during these actions did cause many peasants, rich and poor alike, to harbor deep hatred of the Japanese and to commit more fully to the Communist side. But intra-party sources also portray cases in which repression worked even more effectively than earlier attempts to drive a wedge between party and peasantry. As one internal assessment put it: If we only stress concealment… we are bound to be divorced from the masses. The morale of the masses cannot be sustained for long either. On the other hand, if we only seek fleeting gratification in careless fighting, we may also invite still more cruel enemy suppression. That will also alienate the masses. Communist spokesmen acknowledged that, in North China base areas, the population under Party control fell from 44 million to 25 million, while the Eighth Route Army declined from 400,000 to 300,000. Local records present an even grimmer picture. By 1942, 90 percent of the plains bases had been reduced to guerrilla zones or outright enemy control. In the mountainous Taiyue district within the Jin-Cha-Lu-Yi base, one cadre admitted that "not a single county was kept intact and the government offices of all its twelve counties were exiled in Jin-yuan." All twenty-six county seats occupied following the Hundred Regiments fighting were lost. I would like to take this time to remind you all that this podcast is only made possible through the efforts of Kings and Generals over at Youtube. Please go subscribe to Kings and Generals over at Youtube and to continue helping us produce this content please check out www.patreon.com/kingsandgenerals. If you are still hungry after that, give my personal channel a look over at The Pacific War Channel at Youtube, it would mean a lot to me. Japan tried to regain control through retaliatory "mopping-up" operations starting in October 1940. In response, the Eighth Route Army and its commanders issued counter-measures: coordinate party, government, military, and civilians; keep mobility while dispersing forces when possible; and focus on annihilating incoming enemy units decisively. Counter-sweeps and anti-pacification actions continued through December, involving repeated ambushes and sabotage of roads, highways, and fortification efforts. 

Bill Horan talks with Turgan Zulfikar, author of E-Commerce A to Z in 5 Units. Turgan will discuss why there is a growing trend in solopreneurship, who makes the best solopreneur, how do you decide what products to sell and why you don't need a warehouse or inventory.

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In this deal segment episode, Axel sits back down with Phil MacArthur to break down one of Phil's most recent acquisitions: a 20-unit portfolio deal across four buildings in New Hampshire, picked up on the MLS after months of sitting on cash from prior refinances. The conversation gets into the real nuances of buying from long-term mom-and-pop owners: the informal nature of their leases, the difficulty of getting estoppels, and why small-deal variance is just part of the game when you're playing in the 5 to 30 unit space. Phil and Axel also share a candid back-and-forth on tenant retention — and why tenants know the rental market far better than most landlords give them credit for.This episode is essential listening for any investor buying smaller multifamily deals direct from mom-and-pop owners — and who wants a clear-eyed picture of what the due diligence process actually looks like when the seller isn't exactly playing by the book.Join us as we dive into:How Phil found this 20-unit, four-building deal on the MLS after sitting on cash from four prior refinances for six months.Why the appraiser — from a large Boston institution — applied a 5% loss-to-lease penalty on four vacant units and capped the bank's lending at $3M (65–70% LTV)How Phil bridged the $300,000 financing gap with a short-term hard money lender to get the deal closedThe business plan: light CapEx on roofs and exterior, and bumping rents from an in-place average of $1,600 toward a market rate of ~$1,950 — already achieved on newly leased unitsWhy almost none of the existing tenants left — and why that was better than expected given the previous owner's warningsWhy tenants know the rental market better than investors give them credit for — and why that works in your favor when your rents are modestly below marketThe exit plan: refinance out the hard money, stabilize the rent roll, and target a cash-out refi within 12–24 months to recover 75%+ of invested capitalConnect with Phil:Connect with him on LinkedinFollow Windrift Real Estate on InstagramLearn more about Windrift Real Estate, LLCListen to the Previous Episode with Phil: Ep119 - Living in an Expensive Market and Investing out of State + Quickly Building a Personally Owned Portfolio of 70+ Units via Spotify or AppleAre you looking to invest in real estate, but don't want to deal with the hassle of finding great deals, signing on debt, and managing tenants? Aligned Real Estate Partners provides investment opportunities to passive investors looking for the returns, stability, and tax benefits multifamily real estate offers, but without the work - join our investor club to be notified of future investment opportunities.Connect with Axel:Follow him on InstagramConnect with him on LinkedinSubscribe to our YouTube channelLearn more about Aligned Real Estate Partners

In this episode, real estate investor Jon Bombaci shares insights on value-add multifamily investing, the impact of house hacking, and strategies for acquiring portfolios from retiring landlords. Perfect for investors looking to scale and optimize their real estate portfolios.   Professional Real Estate Investors - How we can help you: Investor Fuel Mastermind:  Learn more about the Investor Fuel Mastermind, including 100% deal financing, massive discounts from vendors and sponsors you're already using, our world class community of over 150 members, and SO much more here: http://www.investorfuel.com/apply   Investor Machine Marketing Partnership:  Are you looking for consistent, high quality lead generation? Investor Machine is America's #1 lead generation service professional investors. Investor Machine provides true 'white glove' support to help you build the perfect marketing plan, then we'll execute it for you…talking and working together on an ongoing basis to help you hit YOUR goals! Learn more here: http://www.investormachine.com   Coaching with Mike Hambright:  Interested in 1 on 1 coaching with Mike Hambright? Mike coaches entrepreneurs looking to level up, build coaching or service based businesses (Mike runs multiple 7 and 8 figure a year businesses), building a coaching program and more. Learn more here: https://investorfuel.com/coachingwithmike   Attend a Vacation/Mastermind Retreat with Mike Hambright: Interested in joining a "mini-mastermind" with Mike and his private clients on an upcoming "Retreat", either at locations like Cabo San Lucas, Napa, Park City ski trip, Yellowstone, or even at Mike's East Texas "Big H Ranch"? Learn more here: http://www.investorfuel.com/retreat   Property Insurance: Join the largest and most investor friendly property insurance provider in 2 minutes. Free to join, and insure all your flips and rentals within minutes! There is NO easier insurance provider on the planet (turn insurance on or off in 1 minute without talking to anyone!), and there's no 15-30% agent mark up through this platform!  Register here: https://myinvestorinsurance.com/   New Real Estate Investors - How we can work together: Investor Fuel Club (Coaching and Deal Partner Community): Looking to kickstart your real estate investing career? Join our one of a kind Coaching Community, Investor Fuel Club, where you'll get trained by some of the best real estate investors in America, and partner with them on deals! You don't need $ for deals…we'll partner with you and hold your hand along the way! Learn More here: http://www.investorfuel.com/club   —--------------------

Own Your Results. Own the Returns. Why the Smartest Accredited Investors Are Going All-In on Hotels.   In this episode of Abundance Mindset, Vinney "Smile" Chopra joins co-host Gualter Amarelo for a raw, real, and revelation-packed conversation about what it truly means to OWN your results — in business, in investing, and in life.   Vinney pulls back the curtain on his personal pivot from 7,500+ multifamily units to a laser focus on hospitality — and why he believes hotel rooms are apartment units on steroids.   Here's why: unlike a 12-month lease, a hotel "lease" is signed every single night — with up to five different price points depending on supply, demand, and local events. When a big concert or conference hits your market, your nightly rate can 4X overnight. That's a level of dynamic cash flow multifamily simply cannot match.   In this episode, you'll discover:  

Axel once again sits down with Phil MacArthur — a Boston-based real estate broker and multifamily investor who has quietly bootstrapped a 125-unit portfolio across some of the most remote, tertiary markets in New Hampshire. Phil's story is a refreshingly honest account of what it actually looks like to build a portfolio the hard way: no outside capital, no institutional backing, just hustle, grinding commissions from Boston condo sales, and reinvesting every dollar back into the next deal.He also shares the management chaos he experienced, contractor war stories, and the key hires that finally allowed him to step back and operate at scale.This episode is essential listening for any investor who wants a real, unfiltered look at what bootstrapping a 100+ unit portfolio actually costs you — in time, stress, and opportunity — and what you'd do differently if you were starting over today.Join us as we dive into:Why Lake Sunapee and Farmington, NH — not Manchester or the Seacoast — were Phil's first markets, and how affordability and personal connection drove the decisionThe reality of self-managing 25+ units across remote New Hampshire while running a full-time brokerage in Boston — and why Phil calls it one of his biggest regretsHow Phil found his generalist property manager through his own tenant network, and why she became the "cork in the bow of the boat" for his portfolioWhy Phil recommends new investors finance renovations rather than self-fund them — and how selling Boston condos to fund New Hampshire renos slowed his growthThe hyperlocal bank strategy: why Phil targeted lenders that already held the existing debt on properties he was buying — and how that unlocked financing others couldn't getWhy New Hampshire has been largely insulated from the distress hitting other markets — flat expenses, stable insurance, and strong meds-and-eds demand drivers from BostonPhil's current buy box: Class B buildings purchased below replacement cost, separate utilities, light cosmetic value add — and why he's deliberately stepping back from heavy renovation workThe 90% tenant retention rate Phil has achieved — and why rapid maintenance response is the single biggest driver of whether a tenant stays or leavesConnect with Phil:Connect with him on LinkedinFollow Brady Capital on InstagramLearn more about Windrift Real Estate, LLCListen to the Previous Episode with Phil:Ep119 - Living in an Expensive Market and Investing out of State + Quickly Building a Personally Owned Portfolio of 70+ Units via Spotify or AppleAre you looking to invest in real estate, but don't want to deal with the hassle of finding great deals, signing on debt, and managing tenants? Aligned Real Estate Partners provides investment opportunities to passive investors looking for the returns, stability, and tax benefits multifamily real estate offers, but without the work - join our investor club to be notified of future investment opportunities.Connect with Axel:Follow him on InstagramConnect with him on LinkedinSubscribe to our YouTube channelLearn more about Aligned Real Estate Partners

What do running ultramarathons and scaling a $283 million real estate portfolio have in common? Everything — if you're Jason Yarusi. This week, host Rick Segal joins the show as we sit down with the founder of Yarusi Holdings, a man who has built and exited a construction company, restaurants, a brewery, and now over 2,500 apartment units since 2017. Jason doesn't just talk about discipline and resilience — he lives it daily. We dig into his journey from hands-on builder to private fund manager, what it really takes to scale multifamily at this level, and why the mindset that gets you through mile 50 of an ultramarathon is the same one that closes deals.WLPWR Podcast Website: willpowerpodcast.orgGet your copy of Rick Segal's book, The Heart of It here: https://amplifypublishinggroup.com/product/nonfiction/business-and-finance/entrepreneurship/the-heart-of-it/Read Rick Segal's blog: https://impactinvestorsegal.com/blog

From the archive: This episode was originally recorded and published in 2022. Our interviews on Entrepreneurs On Fire are meant to be evergreen, and we do our best to confirm that all offers and URL's in these archive episodes are still relevant. Jason Yarusi, founder of Yarusi Holdings, has acquired $180M in real estate across 1,500 multifamily units, hosts two podcasts, and is an avid ultra runner. Top 3 Value Bombs 1. Everyone has something to offer, you may lack money but you have time to learn and find opportunities, your only limitation is your mind. 2. Surround yourself with good people and take action, which leads to better questions and results. 3. In multifamily real estate, tenants' rent covers expenses and mortgage, and anything left becomes cash flow, gradually paying off your building. Download Your Free Passive Investing Guide and Schedule Your Passive Investing Call Today - Passive Investing Introductory Call Sponsor HighLevel - The ultimate all-in-one platform for entrepreneurs, marketers, coaches, and agencies. Learn more at HighLevelFire.com. 50 - Join JLD on his free '50 days to something' video series on YouTube and create something special in 50 days.

What do the 2000 dot-com crash, the 2008 Great Financial Crisis, and the 2022 interest rate shock have in common? They wiped many multifamily operators out. Dwight Dunton survived all three. As founder and CEO of Bonaventure, Dwight and his team are responsible for $2.8 billion in assets under management (AUM). But Dwight didn't start a fund, raise capital, and figure it out as he went. He learned to grow and protect his own money first. At just 25 years old, while his peers chased flashy internet stocks, Dwight acquired a 378-unit apartment community. He was stepping into a struggling asset that demanded sizable improvements and millions in repairs, but this experience provided a crash course in operations, value-add investing, and asset management. Dwight says to become an old, rich investor, you've got to 1. get old and 2. not get wiped out along the way. So, he focuses on “asymmetric” investing opportunities that have capped downside but plenty of upside for good operators. Then, he further de-risks these assets by insourcing the things most operators would outsource.   In today's conversation, we discuss all of this—the power of vertical integration, protecting assets and capital through downturns, and why long-term, buy-and-hold investing remains the surest path to generational wealth. Insights from today's episode: - How Dwight protects his assets and capital with “anti-wipeout” investing - The keys to building a business that can survive any “Black Swan” event - Acquiring and managing a 378-unit apartment community at 25 years old - How to dramatically improve revenue with vertical integration - Why supply constraint, not job growth, is the surprising main driver of multifamily success — Connect with Dwight on LinkedIn   Bonaventure   Internet Subway   Vest Residential Recommended Resources: - Accredited Investors, you're invited to Join the Cash Flow Investor Club to learn how you can partner with Kevin Bupp on current and upcoming opportunities to create passive cash flow and build wealth. Join the Club! - If you're a high-net-worth investor with capital to deploy in the next 12 months and you want to build passive income and wealth with a trusted partner, go to InvestWithKB.com for opportunities to invest in real estate projects alongside Kevin and his team.  - Looking for the ultimate guide to passive investing? Grab a copy of my latest book, The Cash Flow Investor at KevinBupp.com.  Tap into a wealth of free information on Commercial Real Estate Investing by listening to past podcast episodes at KevinBupp.com/Podcast. 00:00 Intro 00:45 Buying 370+ Units at 25 07:09 Surviving (& Winning) in 2008 11:17 Don't Get Wiped Out! 18:12 Buy-and-Hold (Forever!) 23:20 Vertical Integration 101 32:40 What's Next for Dwight? 37:27 Connect with Dwight!

“I was running to rip eviction notices off our front door.”From moving 17 times before 18… To joining the U.S. Army… To becoming a corporate attorney… To walking away from it all…Cindy West turned $4,000 into 80+ rental units in under three years — and retired her mother in the process.In this powerful episode of Inside the Vault, Ash Cash sits down with Cindy to break down the exact strategy she used to build generational wealth using 100% financing, the BURR method, and asset-based lending — without using her own money.This isn't theory. This is math, leverage, and discipline.Inside this episode, you'll learn:• How to buy rental properties with 0% down • What asset-based lenders look for (it's not your credit) • The step-by-step BURR strategy explained simply • How to buy 3–5 properties in a year • Why landlord-friendly states matter • How she turned a $620K loan into a $1.2M valuation • The mindset shift from survival to ownership • How to build wealth for your entire familyIf you're serious about financial freedom, passive income, and generational wealth — this is the blueprint.Cindy also shares how you can join her free masterclass where she breaks down the strategy step by step.Don't just watch. Execute.