Tesho Akindele @Tesho13
Urbanist | Real Estate Development @campnorthend Retired Pro Soccer Player Charlotte, NC Joined November 2011-
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2018 vs 2024
2018 vs 2024 https://t.co/qbttKRHjPz
April update : Kinship at Camp North End Most of the progress is happening inside the buildings now. Insulation and drywall are going in. Gypcrete being poured on the floors. 301 apartments coming soon!
April update : Kinship at Camp North End Most of the progress is happening inside the buildings now. Insulation and drywall are going in. Gypcrete being poured on the floors. 301 apartments coming soon!
Home ownership is a great way to financially align yourself with the future of your neighborhood. Unfortunately, it’s the only real way most people can invest in their city - and the barriers to entry are high. I’d love to see more ways for people to invest small amounts of…
Today’s journey led @realestatehill_ and I to Charlotte, NC. Got to visit @Tesho13 and explore the development masterpiece known as @campnorthend. What a project 🤯 The textbook definition of adaptive reuse. I mean from the lighting to the roof sheathing. Thanks so much Tesho…
One of our only retail vacancies • 5,000 sf • Two stories • Private outdoor patio • Next door to our 301 apartments • Right in the middle of Camp North End I’m hoping it becomes the best sports bar in Charlotte!
Imagine a world where you got exactly what you want as soon as you wanted it. It would be amazing at first, but terrible long term. You couldn’t set goals or make progress. You’d have no sense of accomplishment or achievement. Happiness is in the journey, not the destination!
I know a lot of people who use a big chunk of their paycheck to support parents, siblings, counsins, etc. Not having to do that is a privilege many people don’t think about.
To celebrate Earth Day, public transportation is FREE all across Charlotte! 🌎♻️
Adjacent blocks in Charlotte (NoDa) Left ▪️17 single family homes ▪️Assessed value: $10.4M ▪️Value/acre: $2.9M Right ▪️16 single family homes ▪️65 apartments (0 – 3 beds) ▪️3 retail locations ▪️Assessed value: $30.9M ▪️Value/acre: $7.9M Density creates a bigger tax base
To take this one step further… On the left • 3.58 acres • Assessed value: $10,398,700 • Value per acre: $2.9 million On the right • 3.897 acres • Assessed value: $30,884,750 • Value per acre: $7.9 million Same sized block. More housing and tax revenue for the city
To take this one step further… On the left • 3.58 acres • Assessed value: $10,398,700 • Value per acre: $2.9 million On the right • 3.897 acres • Assessed value: $30,884,750 • Value per acre: $7.9 million Same sized block. More housing and tax revenue for the city
We met while coaching a kids sports camp the summer after my freshman year in college 🤍 I had one of the campers ask for her number, because there’s no way she could say no to a kid.
We met while coaching a kids sports camp the summer after my freshman year in college 🤍 I had one of the campers ask for her number, because there’s no way she could say no to a kid. https://t.co/BYCg11GBVV
Two identically sized blocks in my neighborhood On the left · 17 single family homes On the right · 16 single family homes · 65 apartments (Studio – 3 bedroom units) · 3 retail locations (One dedicated affordable)
Orlando City SC @OrlandoCitySC
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The easiest way to tell if someone is out of touch financially—ask them whether they think $1 million is a lot of money. Hint: It is. It's not what it used to be, but it definitely is.
I am about to go have some fun.
I am staring at a 6 year old beautiful building with a long term lease to a credit tenant, and the numbers simply do not work even at an 8-cap. The more leverage you use, the lower your cash-on-cash. The only reason to buy stabilized today is to park a 1031… that’s it.
Next five years will be a zoning renaissance in the US as a result of affordability access issues
Housing affordability got cooked—FAST 🏡🧑🍳 The fastest ever deterioration Considering U.S. home prices, mortgage rates, and incomes, national housing affordability is now hovering around the most strained levels in 4 decades
Gumroad will be hosting another Writing Wednesday at our HQ tomorrow! Write: 12pm-6pm Feedback over dinner: 6pm-8pm DMs open
Writing Wednesdays at the Gumroad office (NYC) starts this week! Coffee at 9am Write 9-5ish Critique at 6pm DM me for further details
First project ever 8 units in Oak Lawn neighborhood of Dallas Bought: $475,000 Spent: $175,000 Sold: $845,000 Timeline: 366 days (March 2013 - March 2014)
@Tesho13 This would likely drive more community engagement as well. I would imagine people would be more inclined to learn about their local government, projects, everything if there were more ROI opportunities.
Agreed.
Home ownership is a great way to financially align yourself with the future of your neighborhood. Unfortunately, it’s the only real way most people can invest in their city - and the barriers to entry are high. I’d love to see more ways for people to invest small amounts of…
Give joy to someone today...you never know who needs it.
This is a very nice way to phrase the social value of homeownership
Home ownership is a great way to financially align yourself with the future of your neighborhood. Unfortunately, it’s the only real way most people can invest in their city - and the barriers to entry are high. I’d love to see more ways for people to invest small amounts of…
You know how everytime you go to a conference you get a market update, but it’s generic, lame, and boring? We’re trying to do the opposite of that here. Real, and practical advice on how to survive til ‘25 err uhh ‘26? I was joined by my pals Michael King and JT Redd from…
Hi. There are a few pro athletes following me. Can you DM please? My friend Justin Pugh has a cool program he is working on for off the field investing. I want to connect you to him.
Number of impressions more valuable than number of followers