Short posts from the desk. How NPI runs on AI.
Everything in the journal, newest first.
Short notes on the work. Deal diligence, PM evaluation, underwriting workflows, document review. The actual tools I use, with screenshots when they help. The Friday Letter is the one weekly piece. This is everything else.
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A lender spent six weeks talking itself out of my loan. Here's what it taught me about debt.
We spent six weeks working a local credit union for the debt on a couple of our deals. None of it turned out to be a deal term. It was a credit committee slowly talking itself out of the loan. Here's what that taught me about the part of a deal nobody markets to you.
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I've been buying in Boise for two years. This week the leasing data started to agree.
A breathless "pricing power is back" alert from my property manager hit my inbox this week. I delete most of these. But two numbers in it confirmed the thesis I've been buying Boise on for two years.
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I built my entire financial plan in one morning
I spent a morning not chasing anything. I sat down with Claude and built one view of my entire financial picture, off my actual bank statements instead of my estimates. Two things surprised me, and one of them stung.
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How I built a property management comparison dashboard in 30 minutes
Three PMs in Boise, a day's work each to evaluate the hard way. I asked Claude Code to build me a dashboard instead. The dashboard was running before my coffee was cold.
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Why the Wealthy Invest in Real Estate
Most high-income earners are told the formula is simple: work hard, save money, max the 401(k). Watch how the wealthy actually build wealth and you see a different pattern.
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What Is a Real Estate Syndication?
A plain-English explanation of the structure most accredited investors have never heard of, but that wealthy families, private equity firms, and insiders have used for decades.
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How Real Estate Creates Tax-Advantaged Income
Real estate is one of the few asset classes that lets you earn cash flow and show a paper loss in the same year. Why that works, and what the K-1 actually shows you.
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How You Actually Get Paid in a Real Estate Syndication
The mechanics of distributions, preferred returns, profit splits, and refi/sale proceeds. A simplified worked example showing where the money actually goes.
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