I Got here For the Actual Property, Stayed For the Weirdos

In This Article

There’s nothing just like the looming risk of a Class 5 hurricane to check an actual property investor’s priorities. As Hurricane Milton swirled off the coast final yr—about as unsure as rates of interest—BPCON 2024 in Cancún pressed on. Flights obtained shuffled, contingency plans flew into motion, and the patio furnishings remained utterly unbothered. 

And but, the power? Unshaken. The vibe? Resilient. The water? Bottled. The buyers? Absolutely current—and stuffing all of the free meals into their larger pockets (or at the least I used to be).

Key Highlights

Codi Sanchez kicked off the keynote by taking a swipe at actual property buyers—, those proudly cash-flowing $112 a month on a $475,000 single-family. Apparently, we’re not constructing wealth—we’re simply attempting to win some masochist Olympics. I scoffed, clearly.

Then she stated one thing that landed: We’re the builders, the unemployable. Not damaged. Not loopy. Simply wired for one thing else.

I’ve been saying that about myself for years—half-joke, half-warning. However listening to it from a speaker like her, on a stage that massive, with 1000’s of heads nodding? That was completely different. That was house.

Not Who I Anticipated

I used to be genuinely shocked to be chosen as a speaker. I hadn’t retired to a seashore off the money circulate from an Airbnb portfolio and have a course to promote you, so you’ll be able to, too (wink). I’m not a personal fairness bro, and I continuously make enjoyable of myself. And I attempt actually, actually arduous to not take myself too severely. 

So once I obtained the invite final spring, I confirmed earlier than they realized their error—figured I’d sneak in earlier than they modified their minds.

However what shocked me much more was realizing I wasn’t the outlier. The opposite audio system? They had been simply common buyers. Approachable. Within the trenches. Nonetheless making errors and studying and figuring it out as they go. Individuals like me. Such as you. 

No one was floating above the gang on some influencer cloud, waving down from early retirement. They had been proper there at lunch. On the pool. Within the foyer. Open, actual, and sharing what they knew with out ego.

Why I Actually Go to BPCON

I spend most of my time speaking about actual property. Like, all my time. I even tried putting up a dialog with the cashier at Aldi—however she scanned every little thing so quick I don’t suppose she caught any of it.

However the fact is, I’m not that completely different from most buyers. We’re all just a little obsessed. And once I go to BPCON, I don’t present as much as brag about what I’ve completed.

I’m going to deliver my issues—the stuff I’m caught on, the issues that make this squirrel mind race—and I search for folks whose views stretch past my very own. And if you’re at BPCON, there are literally thousands of folks equally obsessed, who don’t attempt to escape from you, and who’ve so many concepts and views that you could contribute to and take from. It’s type of just like the take-a-penny, leave-a-penny tray on the cashier—however much less grubby.

This time, I obtained to spend actual, unhurried time with a couple of native investor mates. We’d linked earlier than—however in Cancun, one thing clicked. We talked about targets and the way our strengths complemented one another. Now? We’ve obtained a multifamily property beneath contract collectively.

Additionally, somebody actually held a workers assembly on speakerphone whereas pooping in the principle convention rest room—throughout Codi’s keynote. So, no, not everybody stayed for the entire session. However in some way, even that felt on-brand. These are my folks.

That didn’t occur as a result of I went on the lookout for a win. It occurred as a result of I confirmed up with questions, not solutions.

See You There

In the event you’ve made it this far, there’s likelihood you’re one among us—the type of one that thinks speaking about cap charges is an effective time, whose mind runs on concepts, who most likely additionally scared an Aldi cashier as soon as.

BPCON isn’t only a convention. It’s a gathering of the unemployable, the obsessives, the spreadsheet lovers, the gut-feel risk-takers, and the quietly sensible. You don’t need to have all of it discovered. Simply present up. Carry your questions. Carry your bizarre. Carry your squirrel mind.

As a result of I’ll be again at BPCON 2025—most likely saying one thing I shouldn’t right into a microphone that nobody requested me about—and in the event you’re sensible, you’ll be there too. To not be good. Simply to be within the room.