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I lost a building today... literally burned down
Today I was supposed to close on 144 additional units and I did. However, instead of my unit count going up by 144 units only went up by 142. On my drive over to set up our new operations, I got a call that one of my units that burned down. I got pictures this evening and turns out it actually did. Fortunately, no one was harmed, and the tenants have found new homes within our Washington state portfolio. Worst fire I've had in my portfolio and my investing career.
I lost a building today... literally burned down
1 like • 9d
May you recover even stronger from this!
12-Unit Multifamily in Florida – Partners Wanted
Just locked up a 12-unit in Palatka, FL (outside Jacksonville) — one of the fastest-growing pockets in Northeast Florida. Deal Snapshot: - Purchase Price: $985K - Valuation Today: ~$1.4M (7% cap) → $400K immediate appreciation on purchase - Condition: Recently renovated, no rehab needed - Cash Flow: $3.5K/mo → $4.1K/mo after $50 rent bumps - Occupancy: 100% (tight affordable housing market) Why This Excites Me:✅ Day-one positive cash flow✅ Built-in upside with below-market rents✅ Market backed by job growth, infrastructure investment, and strong demand 🤝 I’m bringing on equity partners for the down payment & loan. DM me if you’d like to take a look at the numbers, details, or know someone in your network who might be a fit. — Matthew
1 like • 16d
May I ask what the status of this deal is right now?
I found a potential deal
I found a potential deal in Bradenton, Florida. It’s 25 duplexes on the same little compound so 50 units. Each unit is three bed two bath currently renting at $2000 a month. The current owner received it after his brother passed away and now it is in complete disrepair. One of my coworkers lives here. I can contact them to see if they are interested in selling, but not sure how to comp a property like this or what the next steps would be
0 likes • 16d
How is this going? Where is it holding? Has someone taken it?
1-3 of 3
Yissy Freeman
1
3points to level up
@yissy-freeman-2598
In brief, I live in Brooklyn, I currently do video production. I've been getting more involved in real estate in the past few years

Active 1d ago
Joined Dec 24, 2025
INFJ
Brooklyn, NY
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