Operating Manual

The framework. Reference it before every commit, every walk decision, every exit.

Core philosophy

01

Create events, not luck

Every step — contract, DD completion, zoning approval, permit — is a manufactured value inflection point. You don't wait for the market; you build the catalyst.

02

Exit first, then enter

Before you sign a contract, you know your buyer. Multiple exit strategies are non-negotiable. Every deal enters with at least 3 potential outcomes mapped.

03

Intelligence over location

Zoning shifts, political relationships, off-market distress, infrastructure signals — this is the real edge.

04

Make money on the buy

Profit is locked in at acquisition. Never pay retail. The spread between basis and stabilized value is where wealth is built.

The 6-deal cohort

Every 6 months, lock 6 new deals. Each cohort resolves through a disciplined waterfall. One walk is budgeted in.

  • 1× Hold & Develop24–30 mo
  • 2× Entitlement Flip12–18 mo
  • 1× DD Flip6–9 mo
  • 1× Quick Flip3–6 mo
  • 1× Walk (budgeted)0–6 mo

Value inflection roadmap

Each milestone is a manufactured uplift. Decide your exit relative to where the spread is biggest.

01
Under contract
Negotiate optionality
02
DD complete
+30%
DD flip if buyer waiting
03
Entitlement
+50%
Entitlement flip
04
Plans + permits
+60–70%
Pre-build sale
05
Construction
+80%
Bulk sale option
06
Stabilized 5-cap
Max
Long-term hold

Team & structure

PrincipalG+B

Strategy, capital, final go/no-go on every deal.

SourcingBroker net

Off-market origination, distress signals, alderman intel.

Entitlement counselLand-use attorney

Zoning, political, hearings.

Construction leadGC partner

Hard costs, schedule, value engineering.

Capital marketsMortgage broker

Senior debt, mezz, JV equity.

AnalyticsIn-house

Underwriting, scenarios, weekly platform reporting.

DD checklist

  • Title commitment + survey within 7 days
  • Phase I environmental ordered day 1
  • Zoning verification + alderman touchpoint
  • Comps within 0.5 mi, last 18 months
  • Three confirmed exit buyers documented
  • Construction cost validation (2 GC bids)
  • Debt term sheet executed before DD release
  • Walk decision memo if any red flag