The R.E.I. Diamonds Show
The Real Estate Investing Podcast for Experienced Investors

The Best Deal I’ve done Several of the partners here at Diamond Equity are currently going through this book. To properly “read” (prob better described “live”) this book takes 10 months. If you read it, you know. I first read this in 2003 when I was selling cars. I remember suddenly hitting sales bonuses and higher closing % immediately as I began the habit of reading this book. I bought a few used copies on Amazon-as I prefer Hard Cover books over soft & I love seeing someone else’s notes on the pages. Wabi-sabi When this one arrived, I noticed it was old, but in great condition. I paid $11 plus shipping. Upon closer inspection and with the help of

 Be the Best Partner Possible – Exceed Expectations If you are partnering on a real estate deal with someone, or a team, it is best to setup expectations in advance about what you’re expected to do, and what each other person is expected to do. Even if you are just the “passive money” in the deal, you should still be aware of who & what is being done by the partners. Once expectations are setup, the Best Partner Possible EXCEEDS those expectations. They try and step up and do MORE than they’re required. They surprise the other partners with great ideas and bring more value to the table than the promised. The failure of this principle is said best by

How is the Iran War is Affecting Real Estate The following are my 3 observations from the 181 transactions I’m currently in the middle of closing.  Investor activity is increasing Interest rates are trending higher, again. Business as usual Investor activity is increasing – Anytime the stock market drops in value 10% or more, we see many investors who haven’t bought in a while back in the market. There is something wonderful about the slower, yet more predictable and often much larger paydays we enjoy in real estate when compared to the stock market. While activity is up, I don’t see this being a level of activity that is pushing prices up the way we saw in Covid. Interest rates

Real Estate is a HASSLE Owning real estate is a hassle. Selling real estate is a hassle. Buying real estate is a hassle too. That said, we all know & agree there are fortunes to be had buying, owning, & selling real estate!! Owning real estate for rental income is a hassle because it’s actually NOT PASSIVE INCOME. In order to reap the benefit of rental real estate, whether commercial or residential, you MUST manage the deal closely. Even when you have professional property management, you still must monitor their decisions & actions for effectiveness. When vacancy comes, especially in larger commercial & industrial property, the cost to bring in new tenants often runs multiple six figures not including the

My dad has been here in Florida with me often this Winter. He just headed back home yesterday. Of course we were reminiscing about the early days of Diamond Equity and the birth of the name popped into my mind. “Diamond Equity Investments” I remember handing my first business card back in 2006 to Craig Marvel, (a volume flipper, landlord, & private lender) ,a few weeks after we met and he said, “I like that name!” Those words of approval seemed to ring out in my ears as he said them. Those exact words I still remember nearly 20 years later. (At the time I was broke, had bad credit, and not even a car. How dare I declare myself

Diamond Equity is a MARKET MAKER. We Buy & Sell Real Estate of all asset classes throughout the U.S. from our office locations in each Atlanta, GA, Philadelphia, PA, & Chicago, IL. We don’t focus on one asset class, we focus on providing liquidity, a quick, private, direct sale for properties that usually have some type of problem: vacancy, needs work, under market rents, etc. We’ll buy it as is, in it’s current condition. Here are a few examples of current deals: (We occasionally offer Limited Partner participation on deals like this) $20M Small Bay Industrial, Washington, DC– This is 90% occupied & under contract at an 8.5% cap rate. There are good tenants, including the US gov’t. This is