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In This Article
There’s nothing just like the looming menace 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 bought 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? Totally current—and stuffing all of the free meals into their larger pockets (or no less than I used to be).
Key Highlights
Codi Sanchez kicked off the keynote by taking a swipe at actual property buyers—you understand, those proudly cash-flowing $112 a month on a $475,000 single-family. Apparently, we’re not constructing wealth—we’re simply making an attempt 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 large, with hundreds of heads nodding? That was totally different. That was residence.
Not Who I Anticipated
I used to be genuinely shocked to be chosen as a speaker. I hadn’t retired to a seaside 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 non-public fairness bro, and I always make enjoyable of myself. And I attempt actually, actually exhausting to not take myself too significantly.
So after I bought 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. Folks like me. Such as you.
No person was floating above the group 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 hanging 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 totally different from most buyers. We’re all just a little obsessed. And after I go to BPCON, I don’t present as much as brag about what I’ve completed.
I am 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 whenever you’re at BPCON, there are millions of folks equally obsessed, who don’t attempt to escape from you, and who’ve so many concepts and views which you can contribute to and take from. It’s form of just like the take-a-penny, leave-a-penny tray on the cashier—however much less grubby.
This time, I bought to spend actual, unhurried time with a number of native investor mates. We’d related earlier than—however in Cancun, one thing clicked. We talked about targets and the way our strengths complemented one another. Now? We’ve bought a multifamily property underneath contract collectively.
Additionally, somebody actually held a workers assembly on speakerphone whereas pooping in the principle convention toilet—throughout Codi’s keynote. So, no, not everybody stayed for the entire session. However by some means, even that felt on-brand. These are my folks.
That didn’t occur as a result of I went in search of a win. It occurred as a result of I confirmed up with questions, not solutions.
See You There
For those who’ve made it this far, there’s an excellent probability you’re considered one of us—the form 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 good. You don’t must have all of it found out. 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 good, you’ll be there too. To not be good. Simply to be within the room.
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Andy Gil
Actual Property Investor
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Andy Gil is a full-time, self-managing actual property investor, contractor, and founding father of Align Constructing and Remodelin…Learn Extra