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

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

Let’s talk about MAKING deals today. This is different than “presenting” offers. Making Deals implies ACTION. Presenting offers is passive. Deal Maker’s show 3 qualities which make most people uncomfortable. A Deal Maker is: Decisive – They can decide quickly what they’ll offer. Deals don’t wait. They move quickly. Bold – They take on more risk when buying “as-Is.” That’s how they win better deals. Annoying – Offer “presenters” email the offer and never sent a follow up email, let alone a phone call. (think, weak, newer agent who hasn’t learned the game & has zero confidence in their offer). Deal Makers FOLLOW UP after the offer is made. They are borderline annoying, but, you remember they made that offer,

I’m also Grateful for: Buyers & Brokers who’ve Worked on Our Deals Accredited Investors who’ve Invested in Our Deals Deal Makers who’ve Joined Our Team Deal Makers who’ve sent deals to me for review to invest or buy. Fellow Wisdom Seekers who continue reading these emails!! Currently Owned, and Will Buy More anywhere in the US: Value Add Deals, Ideally occupied with below market rents Industrial & Commercial Property, 10K sq. ft. – 250K sq. ft. Mobile Home Communities (50 pad minimum) Well located Retail Development Sites Residential MFR & SFR