Barrett Linburg
@DallasAptGP • 65,410 subscribers
Creating investor returns & revitalizing Opportunity Zones | Co-Founder @ SavoyEquity | $240M+ transforming TX neighborhoods | Proven tax-advantaged model
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This 16-unit apartment building in a prime Opportunity Zone in Dallas is about to go to auction with a start price of $300,000 Why am I sharing this with you, my potential competitors? There are 3 major 🚩🚩🚩 with this property. My main goal is that whoever buys it is aware of all the issues (and properly capitalized) so they can make it nice 1. It’s under parked. Less than 1 space per unit with minimal street parking. This will make getting premium rents hard 2. The city attorney is prosecuting the property and current owner to get repairs done. The list is several pages long. A new owner inherits the list and starts with an adversarial relationship with the City 3. The property is in a historic district. Even though it is not a historic property, everything that is renovated that is visible from the street will need to be approved in a ~90 day process which won’t jive with the City Attorney’s timeline Maybe $300,000 is the right price
Barrett Linburg170,863 次观看 • 1 年前
Scott Galloway dropped a great line on a recent My First Millions Pod but Sam & Shaan’s eyes glazed over because it was so boring: "If I did it again, I’d just buy residential real estate for rental." Why does he love residential real estate? • Leverage + depreciation • Society builds your moat (NIMBY) • It’s not marked-to-market daily • Decades of compounding quietly do the work • Boring businesses win Scott beat this drum the entire episode: Real wealth is built in boring, tax-advantaged, hard-to-enter businesses.
Barrett Linburg124,013 次观看 • 1 年前
My wife and I are LP investors in a couple non-apartment investments My favorite is a company that buys old beat up mom/pop driving ranges and transforms them New TopTracer tech, Cold beer, cool patio, and good music Transforming a run-of-the-mill driving range to "Golf Lite" I am excited that the founders have joined Twitter to start talking about the product and their journey Devin Charhon - Devin Charhon Michael Canfield - Michael Canfield You should follow them as they grow from 4 locations today to 8 by the end of 2024 I am invested in their success...hopefully you'll be captivated by following along with what they are up to More People. More Golf. More Often
Barrett Linburg146,546 次观看 • 2 年前
I’ve never talked about this publicly before… But for the past 10 years, we’ve quietly owned a construction company focused exclusively on Texas apartments. While everyone else was entering “$5K/unit on turns” into a spreadsheet…we were running the crews that made those turns happen. We’ve self-performed 40+ projects covering 2,000+ units we owned—and nearly as many for third-party clients. Today, our team is busy with ground-up builds. But for the first time in a decade, none of that work is coming from Savoy renovation projects. Translation: We’ve got battle-tested capacity and an elite team ready to help someone else dominate. We’ve delivered over $100M in multifamily renovations. This isn’t your typical GC situation. Here’s what a decade of skin-in-the-game gets you: 🔹 Pre-construction mastery – Zero surprises, zero budget chaos 🔹 Execution excellence – Safe, on-time, lender-compliant delivery 🔹 Multifamily DNA – We speak apartment renovation fluently The difference? Most GCs work for apartment owners. We are apartment owners. We build like our money is on the line—because it always has been. If you’re upgrading Texas multifamily and want a team that thinks like an owner, we’d love to quote your next project. DMs open. Let’s build something great together.
Barrett Linburg57,371 次观看 • 1 年前
Explaining weird tax stuff is hard I've now been doing it for 5 years on Twitter and 75,000 people now follow me. The big benefit of writing about using the Opportunity Zone tax structure for Real Estate investing is that it allows me to get better about explaining it simply
Barrett Linburg19,143 次观看 • 5 个月前
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