The R.E.I. Diamonds Show
The Real Estate Investing Podcast for Experienced Investors
R.E.I. Jewels of Wisdom
High Volume House Flipping & Commercial Real Estate
Join 25,000+ readers and get instant access to “7 Sources of Off Market Deals” for free.
Are You a Real Estate Investor Interested in:
- Increasing, Multiplying & Protecting Your Net Worth through Real Estate Investing?
- Finding Ways to Invest in Real Estate Tax-FREE (and LEGALLY!!)?
- Finding the Best Sources of Off Market Deals?
- Millionaire Strategies used in Today’s Market to Generate Massive Amounts Wealth
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Jewels of Wisdom Newsletter – 2 Big Exits – Coming Soon
2 Exits Coming Soon Earnest Money is officially hard (non-refundable) on 2 retail strip centers we are working on closing. The price of both is just over $20,000,000. Both are stabilized-meaning the rents are at market & each center is in good condition. I’d love to buy another retail center (or two) with below market rents OR some vacancy to fill. This is how we make our profit. Buy a property needing repairs and/or lease up, execute, then resell or refinance to pay off investors & reap a profit. Have a deal like this you can sell me?? Here’s What We Buy Industrial & Commercial Property, 10K sq. ft. – 250K sq. ft. Farmland, 40 Acres or More Tillable &
Jewels of Wisdom Newsletter – Can I onboard YOU as a Partner?
Whom I’d Partner With I am looking for one more partner capable of making deals 100% remotely. From our office in Chicago, you make offers, sign deals, and managing small construction projects at a distance. We provide leads, capital, and underwriting/decision making guidance throughout the process of every deal. Average per deal profit is around $55K and you’d receive 20%. Your goal is to build a pipeline that does 2-3 per month. Please don’t reply if you “might like this” or “this sounds interesting” no offense, but if that’s your first thought-you will not be successful in this roll. Obsessive & intelligent execution is required to succeed with Diamond Equity. Also helpful is a large library of books read on
Jewels of Wisdom Newsletter – 3 Steps to Volume Deal Making
3 Steps to Volume Deal Making Do 2 Deals Per Week Make 6 Offers Per Week Get 9 Counter Offers Per Week Review at least 50 deals per week Invest at least 40 hours in money making activity These are the actions I’ve built my career on. Here’s how they work: Do 2 Deals Per Week –If you make 2 deals in a single week, nothing else on the list really matters that week Make 6 Offers Per Week – Consistently make 6 new offers each week. THIS IS THE MONEY MAKING ACTIVITY in volume deal making. This is also where most “wanna-be” investors fail. They tell themselves, “they won’t accept my offer anyway” and then DON’T make the offer.
Jewels of Wisdom Newsletter – We Bought a Farm this Week
We Bought a Farm this Week Diamond Equity Investment is a MARKET MAKER. This is our role in the U.S. real estate market. In the same way that Citadel provides liquidity to the stock market, Diamond Equity provides liquidity to the real estate market. While we buy quite a few houses (250+ per year), we often are presented odd & unique properties from sellers looking for liquidity- a quick cash sale. We’ve bought warehouses, land, even mobile homes with & without land. Provided sellers a quick exit strategy. It’s our job. Many of our JV operating partners are highly asset class focused. One asset type, such as self storage, with an entire business built around optimizing those assets. Bring them
Jewels of Wisdom Newsletter – Everybody ’round me Rich, or Will Be
“Everybody ’round me Rich, or Will Be” Jay Z says this in “Nickels & Dimes”- a song about charity -vs- giving opportunity and also about going from broke (“scratchin’ for every nickel & dime”) to rich. I can relate to that. When I was broke, this line was like a divine message from God, a shift in my spirit- to not just get myself out of poverty, but find a way to help MANY others do the same. (Lyrics / Song on YouTube) Creating an opportunity larger than myself is how Diamond Equity went from just me flipping houses to more than 30 Deal Makers doing residential & commercial deals throughout the U.S. Now, I’ll talk about how we do
Self Storage Development With Ben Salzberg & Bill Kanatas
Bill Kanatas and Ben Salzberg, are experienced real estate developers, specializing in Class A facilities, often involving the repositioning of closed, dark spaces or ground-up construction. Their strategy is primarily that of a merchant builder, aiming to develop and sell these properties within a three to five-year window after stabilization. They highlighted the importance of community engagement and building trust with municipalities during the entitlement process, especially when addressing concerns about new developments. A key to their success in the Chicago area, despite its high property taxes, has been securing tax incentives, such as the 7B designation, and developing in TIF districts, which showcases their expertise in navigating complex local regulations. This Episode is Also Sponsored by the Lending

R.E.I. Jewels of Wisdom
High Volume House Flipping & Commercial Real Estate
Join 25,000+ readers and get instant access to “7 Sources of Off Market Deals” for free.
