MAD Martin B

Ex-techie turned investor | Sharing insights on economics, finance, and my real estate journey.

[MAD Martin B @mabeechen]

Evictions are never the goal.

We tried to work with this tenant at least a dozen times.

No payment.
No follow-through.
Constant issues for the property.

Today we got the judgment.

Sometimes the only path forward is getting possession back and protecting the asset.

[MAD Martin B @mabeechen]

A partner makes real estate easier to buy—and often harder to own.

You can pool capital, split the risk, and get into a bigger deal faster.

But then:

• One person does more work
• One wants to sell
• One stops contributing
• Money gets questioned
• Lawyers get involved

My advice: if waiting lets you buy alone, seriously consider it.

Fewer partners usually means fewer problems.

And if you do partner, use an LLC, a strong operating agreement, and spell out exactly what happens when things go wrong.

[MAD Martin B @mabeechen]

Tenant being evicted got tired of looking at the paperwork.

So he threw it off the balcony.

Property management is never boring.

[MAD Martin B @mabeechen]

Every extra day a unit sits vacant is rent you'll never recover.

That's why we've built our systems around getting units turned in 3–4 days.

Small improvements compound into big results.

[MAD Martin B @mabeechen]

The key to a great partnership isn’t finding the perfect partner—it’s buying a great asset.

That may sound backwards, but I’ve seen it play out over and over again.

I’ve watched partnerships where the partners didn’t particularly like each other succeed because the investment performed well. I’ve also seen close friends end up in conflict because the property underperformed and the returns fell short of expectations.

Good communication and good partners absolutely matter. But a strong asset makes almost every problem easier to solve. If you want a partnership to last, start by making sure you’re investing in a great deal.

[MAD Martin B @mabeechen]

This is one of the less glamorous parts of owning rental property.

We recently regained possession of this unit after beginning the eviction process. Once it became clear the eviction was moving forward, the tenant agreed to a cash-for-keys settlement. It wasn’t ideal, but it was still faster and less expensive than taking the case all the way through court.

Unfortunately, they left the unit in rough shape. This was an inherited tenant from when we took over management, and there’s significant damage throughout the home. It will likely need a full rehab before it’s ready for a new resident.

This is the reality of real estate investing. Sometimes your job isn’t just collecting rent—it’s solving difficult problems, making the least costly decision available, and then putting in the work to restore the property. Now it’s time to renovate, get the unit back to a high standard, and provide a great home for the next tenant.

[MAD Martin B @mabeechen]

@TimelessArie Yup. We’ve learned that nearly every problem is rooted in responsiveness.

[MAD Martin B @mabeechen]

@Codie_Sanchez Coding advice from someone who’s spent real time in the trenches coding. Also you should buy her book, buy her online course, and go to her conference. Then you too can give advice on things you haven’t done.

[MAD Martin B @mabeechen]

@Codie_Sanchez Here’s some sh*t I made up. Now I recommend you buy my book, take my online course, and attend my conference.

[MAD Martin B @mabeechen]

@TimelessArie Biggest game hater we had at Upside Property Management is bringing all the small maintenance in house.

[MAD Martin B @mabeechen]

@TimelessArie I’ll never use a property management company that doesn’t have on staff maintenance again.

[MAD Martin B @mabeechen]

@TimelessArie CoStar is the most overrated service in real estate.

[MAD Martin B @mabeechen]

31% of our tenants still pay rent with checks or money orders.

Most PM companies try to eliminate that.

We don’t.

Because friction in payments = missed rent.

[MAD Martin B @mabeechen]

You should only floss the teeth you want to keep.

[MAD Martin B @mabeechen]

@Ric_RTP The tier 3 and tier 4 coders this program applies to are doing NOTHING to improve the state of AI, here or in any other country.

[MAD Martin B @mabeechen]

@TimelessArie Once you start doing the work yourself you realize what a horrible job the property manager you had was doing.

[MAD Martin B @mabeechen]

First time flying with Starlink WiFi and I’m honestly blown away.

No more clunky in-flight entertainment systems—they just tell you to use your own streaming apps. One quick ad, then you’re on high-speed internet the rest of the flight.

This is easily the best in-flight internet I’ve ever experienced. Fast, seamless, actually usable.

Huge shoutout to @elonmusk and the @SpaceX team for making this a reality.

[MAD Martin B @mabeechen]

@Chief_Odiong @grok what is this scene from?

[MAD Martin B @mabeechen]

@TimelessArie It a fun marketing pitch but it’s going bomb out hard.

[MAD Martin B @mabeechen]

Most properties I’ve bought came from the MLS.

But the best deals?

Either:
• off market
• or listings that had been sitting forever.

Opportunity rarely shows up when excitement is highest.