The Birgo Capital 2021 Fantasy Real Estate Draft

Post by 

All right folks, it’s that time of the year again. 

The time of year when your phone blows up with 31 messages in a group chat with 7 other people, half of whom you actually know. 

The time of year when your spouse reminds you that there actually are productive uses for $100. 

The time of year when you realize just how old you’re getting, because it turns out the people you thought were the best players in the NFL are actually irrelevant now. 

Ding ding ding, you guessed it -- it’s time for fantasy football! To help usher in the greatest of all colossal time wasters in the history of mankind, Birgo is going to kick off the season with our own version of the real estate fantasy league draft.

In this version, we pit two of our team members, Josh Fischer and Dan Croce, head to head. 

Break out the buffalo chicken dip and pizza... let’s get this thing going.

On Sunday, September 5, Josh and Dan met at Federal Galley on Pittsburgh’s North Side with their MacBooks to throw down over some delicious brunch and cocktails. 

One by one, they built their respective real estate dream teams.  Let’s take a look to see how the rosters stack up:

Position Team Fischer Team Croce
QB (Market) Buffalo Sixburgh
RB (Deal Profile) Core-plus Opportunistic
RB (Tax Structure) Pass-through depreciation REIT, baby, REIT
WR (Contract Terms) 30 days due diligence A financing contingency
WR (Regional Bridge Lender) Dollar Bank S&T Bank
FLEX (Financing Terms) 60 months interest-only Earn-out on extra loan proceeds
FLEX (Internal Communication Platform) Voxer Slack
TE (Seller’s Broker) CBRE JLL
DEF (Legal Counsel) Meyer, Unkovic, and Scott Clark Hill
K (Permanent Financing) Fannie Mae Freddie Mac

When asked about the makeup of his roster, Josh Fischer commented, “Most of all, I’m really thrilled about having 5 years of interest-only on my team. It’s pretty hard to lose when you’ve got that long to figure things out. I’m highly confident in taking this team into the season.” 

Regarding his draft performance, Croce remarked, “The tax efficiency of a REIT combined with the incredible risk-return profile of Pittsburgh clearly puts my squad at a competitive advantage. This season is going to be a cakewalk.”

Will anyone go 17-0? Or 0-17?

Only time will tell which of these competitors will come out ahead, but we’re looking forward to following along. 

Best of luck to all of you competing in fantasy football this fall! 

No items found.

Keep Up With Birgo

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
THere's More

Posts You Might Also Like

Birgo Capital

The 10 Real Estate Twitter Accounts You Should Be Following

Join us as we continue our tour of real estate social media. We’ve already covered RE meme accounts and RE Reddit threads (x2), and we’ve arrived at our next stop: RE Twitter. Twitter has been and continues to be a valuable source for real estate news, advice, and how-tos. Here are the top 10 accounts you should be following.
Birgo Capital

An Update on Interest Rates: June 2022

Take a deep dive into the current state of interest rates and what it means for real estate investors.
Birgo Capital

Coolest Pieces of Real Estate in the World

As of April 2022, the median price of a house is sitting right around $391,200. That’s nearly a 15% increase from April 2021. Safe to say, the market is red hot right now. The prospect of finding a realistic listing on Zillow right now may be starting to feel like a pipe dream. Well, speaking of pipe dreams, here’s a look at just a few of the coolest properties in the world.
Birgo Capital

Swaps: a primer

Investors who’ve been around the real estate block a few times invariably know what swaps are. But swaps can be complicated business — and worse, to the uninitiated, they might sound like something they’re not. So today, let’s dive in and talk about swaps.
Birgo Capital

Investing in the Crazy Real Estate Market with a Small Amount of Money

Today’s housing market is not exactly friendly to the new real estate investor. Unless you have enough money to put a significant amount down on physical property, you may want to consider other avenues of real estate investment. Fortunately, opportunities still exist in this crazy real estate market to make profitable investments with a small amount of money. Continue reading to learn more about other real estate investing options.