Tanner Webster
@twallyweb
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Following
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Salt Lake City based Real Estate Developer. Sign up for my mailing list 👇
Salt Lake City, UT
Joined September 2021
Hit 5,000 followers a few weeks ago, so reintroduction for the new people. Developer/Sponsor in Salt Lake City, started off flipping houses and brokering cre Currently building/buying a variety of asset classes within a drive from my house Current portfolio & pipeline is
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Just need the mf siding contractor to show up
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“You know what the trouble is, Brucey? We used to make shit in this country, build shit. Now we just put our hand in the next guy's pocket.”
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The mental gymnastics needed to come to this opinion is truly world class 🥇
Kalshi is NOT a gambling company. Saying so is incorrect. I assume that people calling Kalshi “gambling” are uninformed, rather than being defamatory, but Kalshi is not “gaming.” It’s been decided in the courts. Please read the 15 pages of KalshiEx LLC v. CFTC (2024) before
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A lot of you have never had to sleep in your car, and it shows. The idea is not that $250 compounded is going to make a life-changing impact on its own. Optimistically, that money could grow to $1,400 over 18 years, which isn't enough to do much. What it does is teach children
$6.25 billion. 25 million children. $250 each. Susan and I believe the smartest investment we can make is in children. That’s why we’re so excited to contribute $6.25 billion from our charitable funds to help 25 million children start building a strong financial foundation
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*Important update re ReSeed*; hoping you will help spread the word: ReSeed, which partners & I started several years ago to seed emerging real estate operators & provide them w long-term capital for deals, is soliciting applications for our 3rd cohort of operators. Over the
reseedpartners.com
ReSeed is recruiting for its third cohort of operating partners. Applications will be reviewed on a rolling basis between now and mid-January 2026.
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“This due diligence checklist was written in blood”
Operators, take note: Create a list of every mistake you make in the course of doing an acquisition. Then, prior to committing irrevocably to purchasing the next deal, review that list to ensure you're not making the same mistake again. Over time, as you add each mistake you
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For a broker, it seems like using your client's incompetence as a marketing point would be a precarious slope.
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All I do is create enterprise value for those around me
Welp I guess I’m going on tour in 2026. Who wants to be my manager? Wonder if Scooters looking for new talent.
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He asked if I want to partner on some land he owns to build self storage :’)
Was supposed to close on a deal last week with some good seller financing terms. Seller realized his property (in an S Corp) wouldn’t get the step up in basis. His tax guy told him financing to me would be one of the worst things he could do. Probably could’ve forced him to
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Things I’m thankful for: Family Friends The ability to control large amounts of real estate with small refundable earnest money deposits Debt funds that go off LTV instead of LTC leases with the option to buy By-right zoning Pre-leased buildings to fast food franchisees
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Who’s got some before and afters of remodeled strip malls?
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This is it. This is the best fake city planning rendering I have ever seen. Walkable Arby's. I cannot believe staff put this in writing for a general plan.
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Was supposed to close on a deal last week with some good seller financing terms. Seller realized his property (in an S Corp) wouldn’t get the step up in basis. His tax guy told him financing to me would be one of the worst things he could do. Probably could’ve forced him to
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“What if we just started loaning against stuff instead of actually investing in it?”
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Years when you wipe out your income with bonus depreciation are also great years for Roth conversions. A Roth conversion accelerates income and this is a low tax rate year for the average RE pro.
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Just met a guy who wants to sell 2 acres in West Jordan for….. Twenty million dollars How much can 7 brew pay for a ground lease? @Dirtdog
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