Oct 11, 2026 · 1 hr 17 min · 16 segments
Tom Santella found a North Carolina house still titled to an owner who died in 1989. The man who was living there had rented it in 1987 and stayed for nearly 40 years, paying the taxes and treating it…
Logan FullmerHost
So what was first? Like, I guess, did you buy a book or did you talk to somebody on the phone? And, like, which one of those happened first?
I've never thought, like, at first it's like, okay, you buy property on the market, right? People do that and they build portfolios and they do well.
And then there's, you know, this, what you're saying is like I'm buying this property for 10, 40% of the value.
And, and, like, most people were talking about, like, percent returns, like development or fix and flip.
I'm always curious what people's, like, first exposure looks like, because I talk about, like, what I know and what makes sense, and I'm like, I hope that message lands exactly how it's intended with people.
So what was first? Like, I guess, did you buy a book or did you talk to somebody on the phone? And, like, which one of those happened first?
I've never thought, like, at first it's like, okay, you buy property on the market, right? People do that and they build portfolios and they do well.
And then there's, you know, this, what you're saying is like I'm buying this property for 10, 40% of the value.
And, and, like, most people were talking about, like, percent returns, like development or fix and flip.
I'm always curious what people's, like, first exposure looks like, because I talk about, like, what I know and what makes sense, and I'm like, I hope that message lands exactly how it's intended with people.
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