Wendell Butler

🏠 Real Estate Fanatic | Hammerhead Capital |🩸Type 1 Diabadass 🤙🏼 | 🇺🇸 US Veteran

[Wendell Butler @WendellButlerIV]

Prime rate at 7%. 30 year mortgage at 7.4%. Only 29,000 jobs added versus 84,000. Unemployment at 4.2%. We need a correction.

[Wendell Butler @WendellButlerIV]

Real estate isn’t the market I’m worried about. Tech stocks are a much bigger share of the S&P 500 than they should be, and it looks like a bubble.

[Wendell Butler @WendellButlerIV]

Reserve your seat: https://t.co/VNn8N0PONr

[Wendell Butler @WendellButlerIV]

Last call! This is happening tomorrow night. If you've been meaning to grab a seat for Ground Up, now's the time. I'll be on the panel talking about new construction costs, timelines, and margins, plus where land and permitting are trending with time built in for your questions.

[Wendell Butler @WendellButlerIV]

Walked away from a $200K profit deal. Here’s why.
7.4% rates, an overvalued AI sector, and a risk that only showed up in due diligence.

New Beyond the Build episode 🎙️
Youtube: https://t.co/u9iPUczu2h
Spotify: https://t.co/dr5L12wYMY
Apple Podcast: https://t.co/BQvhLtyVD2

[Wendell Butler @WendellButlerIV]

Oct 15, Wooden Robot Brewery. Grab a free seat:
https://t.co/VNn8N0PONr

[Wendell Butler @WendellButlerIV]

If you're building or buying new construction in Charlotte, this is a room worth being in.

I’ll be joining Tenai Staley and Hunter Moll on the panel, talking through what's actually working right now and taking your questions live. Plus plenty of time to network after.

[Wendell Butler @WendellButlerIV]

Sub-to here and there, on a good deal with low risk, makes sense. Building a whole portfolio on it does not.

[Wendell Butler @WendellButlerIV]

Grab your seat 👇
https://t.co/VNn8N0PONr

[Wendell Butler @WendellButlerIV]

I’ll be joining the Ground Up: Charlotte New Construction Investor Panel with Tenai Staley of Meritage Homes and Hunter Moll of The Buildery.

📅 Oct. 15 | 6:30–9 PM
📍 Wooden Robot Brewery, Charlotte

Straight talk on building & investing in new construction.

Free to attend.

[Wendell Butler @WendellButlerIV]

Sub-to deals can cash flow at today's prices because you inherit the old rate. Low cash to close, fast closings, no appraisal.

[Wendell Butler @WendellButlerIV]

Banks could call your sub 2 loan due at any time. With rates where they are, they have every incentive to start doing it.

[Wendell Butler @WendellButlerIV]

Sub-to isn't a scam, but it's a gamble.
Banks hold 3% loans while rates sit at 6-8%. That's a real reason to call them due.

New Beyond the Build episode 🎙️
Youtube: https://t.co/eXb4wQbKHs
Spotify: https://t.co/2YnBv9Qpgm
Apple Podcast: https://t.co/miFttmPhrb

[Wendell Butler @WendellButlerIV]

Sub to deals put the mortgage on the seller's credit. When investors walk away, the seller gets foreclosed on. That is going to bring regulation.

[Wendell Butler @WendellButlerIV]

The US is becoming a renters nation. The middle class cannot buy, and that hurts everything downstream.

[Wendell Butler @WendellButlerIV]

Overpriced sellers plus low rates means nobody has to sell. That's why deals are dead right now.

[Wendell Butler @WendellButlerIV]

The market is brutal. Flippers are underwater and rentals barely cash flow.
But the harder it gets, the less competition there is.

New Beyond the Build episode 🎙️
YouTube: https://t.co/VSbl9Kny3f
Spotify: https://t.co/ZxqMIKEnLL
Apple Podcasts: https://t.co/utZQ30E6HF

[Wendell Butler @WendellButlerIV]

Underwrote 1,000 deals. Zero worked as a BRRRR.

[Wendell Butler @WendellButlerIV]

Cash flow is defense. Appreciation is offense.

[Wendell Butler @WendellButlerIV]

If it sounds this easy, they're selling you a course.