Beyond The Build with Wendell Butler

Wendell Butler
  • 5.0 (3)
  • Business

Beyond the Build is where real entrepreneurship lives. The wins, the hard lessons, the strategies, and the life you are building behind the business. Hosted by Wendell Butler, military veteran, real estate investor, and operator. No fluff. No filters. Just real conversations on building wealth, scaling businesses, and executing at a higher level.

  1. Sep 28

    13. Sub-To Is a Ticking Risk (Banks Want Their Loans Back)

    This episode breaks down subject-to (sub-to) real estate, the good and the bad, and why building a whole portfolio on it is a bigger gamble than most people admit. Sub-to gets pitched as a way to get into deals with little money down, no bank approval, and a rate you can't get anymore. Most of that is true. But the people teaching it tend to skip the risks: the due-on-sale clause, the seller's credit tied up in the loan, escrow jumps, exit problems, and the chance that laws tighten once enough bad actors give it a bad name. The core argument is that with old loans at 2-3% and new loans at 6-8%, banks now have a real financial reason to call those loans due, and AI makes sub-to transfers easier to find. There's no documented wave of this yet, so it's a forward-looking risk rather than an observed trend. Sub-to isn't a scam, and it can make sense on the right deal, but it's not something to bet everything on. 00:00 Intro & this episode's topic 03:39 Correcting last episode: banks can't take your equity 04:24 What sub-to actually is 07:41 Is it legal? The due-on-sale clause explained 08:24 The pros: rate arbitrage, amortization head start, and low cash in 12:09 The cons: why the due-on-sale clause matters more now 14:43 How AI makes sub-to deals easier for banks to find 16:38 Insurance, seller credit, and the risks to the seller 19:03 Escrow shock, exit risk, and investors who walk away 20:54 Regulatory drift: could sub-to get shut down like Airbnb? 22:51 The old world vs. the new world of interest rates 25:34 Why the loudest sub-to teachers haven't seen an enforcement wave 28:37 The pushback: "it hasn't happened yet" and the trust loophole 31:00 Final thoughts: sub-to isn't a scam, it's a gamble If you enjoyed this episode, be sure to subscribe, leave a review, and share it with someone building a business, a family, or both. Subscribe for more Beyond the Build episodes: ⁠https://www.youtube.com/@beyondthebuildpod⁠ Listen to Spotify: ⁠https://open.spotify.com/show/4e8B5ZI75I6wzo6FFw55yo?si=LSz9c7XITAKjXEYimFXypA Listen to Apple Podcasts: ⁠https://podcasts.apple.com/us/podcast/beyond-the-build-with-wendell-butler/id1784328740 Follow Beyond The Build on Facebook: https://www.facebook.com/beyondthebuildpod Follow Beyond The Build on Instagram: ⁠https://www.instagram.com/beyondthebuildpod/ Follow Beyond The Build on LInkedIn: ⁠https://www.linkedin.com/showcase/beyondthebuildpod/  Check out more from Wendell Butler: Personal Website: ⁠https://wendellbutler.com⁠ Facebook: ⁠https://www.facebook.com/wendellpbutleriv Instagram: ⁠https://www.instagram.com/wendellpbutleriv/⁠ LinkedIn: https://www.linkedin.com/in/wendellpbutleriv/ Subscribe to Newsletter: https://wendellbutler.beehiiv.com/ Hammerhead Capital: https://www.hhcapitalrealty.com/ Flip Fuel Lending: ⁠https://flipfuellending.com/ Tide & Timber Ventures: ⁠https://www.tidetimberventures.com/ The Hive: ⁠https://jointhehive.co/

    13. Sub-To Is a Ticking Risk (Banks Want Their Loans Back)

  2. Sep 21

    12. Why This Market Is So Hard (And Why You Can't Quit)

    This episode is a straight-talk look at where the real estate market and the economy actually are right now, with no guru energy and no pretending it's easier than it is. Sellers are still anchored to COVID-era prices and locked into low interest rates. Wholesalers are sending over deals that don't work, and fix-and-flippers are overpaying just to keep the lights on. Rentals are hard to cash flow, and even new construction is taking a hit on the exit. This episode breaks down why the market is likely to stay hard for the next few years, how the team pivoted from fix-and-flips to new development and townhomes, and why the harder it gets, the more opportunity there is for the people who stay in the game. If you're grinding right now, this one's a reality check and a reason to keep going. 00:00 Intro & this episode's topic 02:35 Everyone's struggling, and why less competition is a good thing 03:25 Why buying is so hard: COVID-era pricing and low-rate sellers 04:58 Why so many fix-and-flippers are underwater 07:12 Buying right: the 65% rule and finding deals directly 09:34 Why rentals are hard to cash flow, and the risks of sub-to 11:56 Airbnb crackdowns and why new construction exits are tough 14:08 Multifamily and commercial: cap rates, concessions, and new-build competition 16:38 Why we pivoted to new development: the townhome math 18:51 A renter's nation and the shrinking middle class 21:00 Why staying in it pays off when everyone else quits 23:18 Final thoughts If you enjoyed this episode, be sure to subscribe, leave a review, and share it with someone building a business, a family, or both. Subscribe for more Beyond the Build episodes: ⁠https://www.youtube.com/@beyondthebuildpod⁠ Listen to Spotify: ⁠https://open.spotify.com/show/4e8B5ZI75I6wzo6FFw55yo?si=LSz9c7XITAKjXEYimFXypA Listen to Apple Podcasts: ⁠https://podcasts.apple.com/us/podcast/beyond-the-build-with-wendell-butler/id1784328740 Follow Beyond The Build on Facebook: https://www.facebook.com/beyondthebuildpod Follow Beyond The Build on Instagram: ⁠https://www.instagram.com/beyondthebuildpod/ Follow Beyond The Build on LInkedIn: ⁠https://www.linkedin.com/showcase/beyondthebuildpod/  Check out more from Wendell Butler: Personal Website: ⁠https://wendellbutler.com⁠ Facebook: ⁠https://www.facebook.com/wendellpbutleriv Instagram: ⁠https://www.instagram.com/wendellpbutleriv/⁠ LinkedIn: https://www.linkedin.com/in/wendellpbutleriv/ Subscribe to Newsletter: https://wendellbutler.beehiiv.com/ Hammerhead Capital: https://www.hhcapitalrealty.com/ Flip Fuel Lending: ⁠https://flipfuellending.com/ Tide & Timber Ventures: ⁠https://www.tidetimberventures.com/ The Hive: ⁠https://jointhehive.co/

    12. Why This Market Is So Hard (And Why You Can't Quit)

  3. Aug 31

    11. Why Everyone Is Wrong About BRRRRs

    This episode breaks down why the BRRRR method isn't the infinite-money cheat code social media makes it out to be, and what's actually true about it in today's market. Buy, rehab, rent, refinance, repeat sounds simple, but the people selling courses on it aren't talking about the deals that blow up. Most locations right now just don't pencil for a true BRRRR the way they did in 2020-2022, and the ones who were actually doing it have slowed way down. That doesn't mean the strategy is dead, it just means the expectations need to change. After underwriting over a thousand deals in the past year and finding none that work, this one's a reality check on cash flow, appreciation, and what "passive income" actually costs you. 00:00 Intro & this episode's topic 01:19 What BRRRR actually is and why it gets oversold 03:35 How the market shifted from 2020-2022 to now 05:23 Why new development and build-to-rent work better right now 07:10 The truth about "passive income" in real estate 08:14 The real math: why $200-300/month cash flow isn't life-changing 10:22 Appreciation vs. cash flow, and why you can't have both 12:41 Real estate investing vs. running a hospitality business 14:46 BRRRR isn't dead, but the easy version is 15:29 How to vet anyone selling a BRRRR course 19:00 Final thoughts & how to get in to If you enjoyed this episode, be sure to subscribe, leave a review, and share it with someone building a business, a family, or both. Subscribe for more Beyond the Build episodes: ⁠https://www.youtube.com/@beyondthebuildpod⁠ Listen to Spotify: ⁠https://open.spotify.com/show/4e8B5ZI75I6wzo6FFw55yo?si=LSz9c7XITAKjXEYimFXypA Listen to Apple Podcasts: ⁠https://podcasts.apple.com/us/podcast/beyond-the-build-with-wendell-butler/id1784328740 Follow Beyond The Build on Facebook: https://www.facebook.com/beyondthebuildpod Follow Beyond The Build on Instagram: ⁠https://www.instagram.com/beyondthebuildpod/ Follow Beyond The Build on LInkedIn: ⁠https://www.linkedin.com/showcase/beyondthebuildpod/  Check out more from Wendell Butler Personal Website: ⁠https://wendellbutler.com⁠ Facebook: ⁠https://www.facebook.com/wendellpbutleriv Instagram: ⁠https://www.instagram.com/wendellpbutleriv/⁠ LinkedIn: https://www.linkedin.com/in/wendellpbutleriv/ Subscribe to Newsletter: https://wendellbutler.beehiiv.com/ Hammerhead Capital: https://www.hhcapitalrealty.com/ Flip Fuel Lending: ⁠https://flipfuellending.com/ Tide & Timber Ventures: ⁠https://www.tidetimberventures.com/ The Hive: ⁠https://jointhehive.co/

    11. Why Everyone Is Wrong About BRRRRs

  4. Aug 24

    10. Don't Buy Land Until You Check This

    This episode breaks down exactly what it takes to go from flipping and renting to building from the ground up. New development gives way more flexibility than buying an existing asset, and the numbers tend to stay far more predictable than a fix and flip. But almost all the real work happens before you ever close on the land. Inside this episode: the front-end checklist for location, comps, topography, and utilities... zoning, entitlements, setbacks, and height limits... realistic permitting timelines... working with architects, engineers, and general contractors... the capital stack, loan-to-cost financing, and why you need way more upfront cash than people assume... plus the two biggest deal killers (bad location and entitlement denial) and why a long due diligence period is your best protection right now. If you've ever wondered how new construction actually works, or you're thinking about making the jump from flips or rentals into ground-up development, this one's for you. 00:00 Intro & this episode's topic 02:25 Why new builds offer more flexibility than fix and flips 04:29 Front-end planning and building the right team 06:57 Location, location, location & finding strong comps 09:23 Physical due diligence: topography, utilities & existing conditions 11:49 Zoning, entitlements & finding the highest and best use 14:01 Setbacks, height limits & how long entitlements really take 16:17 Getting architect and engineer plans locked in 18:40 The real capital stack: loan-to-cost, reserves & down payment 21:20 Closing fast and getting the whole team moving 23:24 The two biggest deal killers: location and entitlement denial 25:28 Why a long due diligence period is the best protection 27:59 Final thoughts & how to get in touch If you enjoyed this episode, be sure to subscribe, leave a review, and share it with someone building a business, a family, or both. Subscribe for more Beyond the Build episodes: ⁠https://www.youtube.com/@beyondthebuildpod⁠ Listen to Spotify: ⁠https://open.spotify.com/show/4e8B5ZI75I6wzo6FFw55yo?si=LSz9c7XITAKjXEYimFXypA Listen to Apple Podcasts: ⁠https://podcasts.apple.com/us/podcast/beyond-the-build-with-wendell-butler/id1784328740 Follow Beyond The Build on Facebook: https://www.facebook.com/beyondthebuildpod Follow Beyond The Build on Instagram: ⁠https://www.instagram.com/beyondthebuildpod/ Follow Beyond The Build on LInkedIn: ⁠https://www.linkedin.com/showcase/beyondthebuildpod/  Check out more from Wendell Butler Personal Website: ⁠https://wendellbutler.com⁠ Facebook: ⁠https://www.facebook.com/wendellpbutleriv Instagram: ⁠https://www.instagram.com/wendellpbutleriv/⁠ LinkedIn: https://www.linkedin.com/in/wendellpbutleriv/ Subscribe to Newsletter: https://wendellbutler.beehiiv.com/ Hammerhead Capital: https://www.hhcapitalrealty.com/ Flip Fuel Lending: ⁠https://flipfuellending.com/ Tide & Timber Ventures: ⁠https://www.tidetimberventures.com/ The Hive: ⁠https://jointhehive.co/

    10. Don't Buy Land Until You Check This

  5. Aug 17

    9. You're Not Behind, You're Just Distracted

    In this episode, I get real about something almost every entrepreneur deals with: comparing yourself to other people and feeling like you're behind. I break down why that comparison trap is mostly built on a lie, why social media only shows the highlight reel (never the maxed-out credit cards or the deals that fell apart), and why there's no such thing as a "timeline" for success. I also talk about why comparing your 2 years in the game to someone else's 10 is never a fair fight, why a little luck plays a bigger role than people admit, and how the book The Gap and the Gain changed how I think about progress. Plus, why joining or starting a mastermind (like my own group, The Hive) beats buying another guru course any day of the week. If you've ever opened an app, seen someone "crushing it," and felt like you're falling behind, this episode is your reset button. Run your own race. 00:00 Intro & catching up after the Japan trip 02:21 Why comparing yourself to other entrepreneurs is a trap04:00 The race nobody's actually running 06:20 There's no real timeline for success 08:24 Why you can't compare 2 years to someone else's 1010:22 Luck, hard work, and running your own race 12:25 The Gap and the Gain: focus on how far you've come 13:44 Why masterminds beat buying courses 15:54 How I built The Hive from scratch 17:59 Final thoughts: stop being distracted, take action If you enjoyed this episode, be sure to subscribe, leave a review, and share it with someone building a business, a family, or both. Subscribe for more Beyond the Build episodes: ⁠https://www.youtube.com/@beyondthebuildpod⁠ Listen to Spotify: ⁠https://open.spotify.com/show/4e8B5ZI75I6wzo6FFw55yo?si=LSz9c7XITAKjXEYimFXypA Listen to Apple Podcasts: ⁠https://podcasts.apple.com/us/podcast/beyond-the-build-with-wendell-butler/id1784328740 Follow Beyond The Build on Facebook: https://www.facebook.com/beyondthebuildpod Follow Beyond The Build on Instagram: ⁠https://www.instagram.com/beyondthebuildpod/ Follow Beyond The Build on LInkedIn: ⁠https://www.linkedin.com/showcase/beyondthebuildpod/  Check out more from Wendell Butler Personal Website: ⁠https://wendellbutler.com⁠ Facebook: ⁠https://www.facebook.com/wendellpbutleriv Instagram: ⁠https://www.instagram.com/wendellpbutleriv/⁠ LinkedIn: https://www.linkedin.com/in/wendellpbutleriv/ Subscribe to Newsletter: https://wendellbutler.beehiiv.com/ Hammerhead Capital: https://www.hhcapitalrealty.com/ Flip Fuel Lending: ⁠https://flipfuellending.com/ Tide & Timber Ventures: ⁠https://www.tidetimberventures.com/ The Hive: ⁠https://jointhehive.co/

    9. You're Not Behind, You're Just Distracted

  6. Aug 10

    8. Why 99% of "Gurus" Are Lying To You

    In this episode, I go on a full rant about the guru and course-selling culture that's taken over social media, and why 99% of it is a grift. I break down why the BRRRR strategy doesn't work the way it used to, why rentals aren't cash flowing right now, and why so many "successful" investors online are actually funding their lifestyle by selling courses instead of running real businesses. I also share the actual way I built my network and got mentorship for free, and why you don't need to pay a dime to learn what these gurus are charging thousands for. If you're tired of watching people flex Lambos and sell you a $900 secret, this episode is your reality check. There are no shortcuts, no cheat codes, and no secret sauce, just hard work, consistency, and educating yourself with what's already out there for free. 00:00 Intro & the social media grift epidemic 02:00 Why "gurus" sell courses instead of running businesses 04:20 The BRRR strategy is dead (here's why) 06:47 Why rentals aren't cash flowing right now 09:06 The truth about co-living & Airbnb arbitrage 11:33 How to spot a fake guru 13:15 The only way you should ever pay for mentorship 15:36 How I actually built my network for free 17:47 Stop funding other people's course business 18:29 Read books instead of buying courses 20:15 Final thoughts & closing If you enjoyed this episode, be sure to subscribe, leave a review, and share it with someone building a business, a family, or both. Subscribe for more Beyond the Build episodes: ⁠https://www.youtube.com/@beyondthebuildpod⁠ Listen to Spotify: ⁠https://open.spotify.com/show/4e8B5ZI75I6wzo6FFw55yo?si=LSz9c7XITAKjXEYimFXypA Listen to Apple Podcasts: ⁠https://podcasts.apple.com/us/podcast/beyond-the-build-with-wendell-butler/id1784328740 Follow Beyond The Build on Facebook: https://www.facebook.com/beyondthebuildpod Follow Beyond The Build on Instagram: ⁠https://www.instagram.com/beyondthebuildpod/ Follow Beyond The Build on LInkedIn: ⁠https://www.linkedin.com/showcase/beyondthebuildpod/  Check out more from Wendell Butler Personal Website: ⁠https://wendellbutler.com⁠ Facebook: ⁠https://www.facebook.com/wendellpbutleriv Instagram: ⁠https://www.instagram.com/wendellpbutleriv/⁠ LinkedIn: https://www.linkedin.com/in/wendellpbutleriv/ Subscribe to Newsletter: https://wendellbutler.beehiiv.com/ Hammerhead Capital: https://www.hhcapitalrealty.com/ Flip Fuel Lending: ⁠https://flipfuellending.com/ Tide & Timber Ventures: ⁠https://www.tidetimberventures.com/ The Hive: ⁠https://jointhehive.co/

    8. Why 99% of "Gurus" Are Lying To You

  7. Jul 13

    7. Discipline Is a Learned Skill (Here's How to Build It)

    In this episode, I explain why discipline isn't something you're born with, it's a skill you build through consistency. I share my own struggles with staying disciplined, why I'm restarting 75 Hard, and the systems I use to stay productive while building multiple businesses. We dive into time blocking, the Power 5 method, long-term goal setting, and why motivation will never outperform discipline. If you're an entrepreneur, investor, or anyone looking to level up, this episode will give you practical strategies to stay consistent and keep moving forward, even when you don't feel like it.  00:00 Intro & why discipline is a learned skill 02:30 Why discipline creates freedom 04:55 Why I'm restarting 75 Hard 06:00 Time blocking & building productive habits 07:30 Weekly planning & long-term goals 09:35 The Power 5 system 11:30 Why most entrepreneurs fail 13:25 Training discipline like a muscle 15:55 My experience with 75 Hard 18:20 How discipline makes your business stronger  20:45 Final challenge & closing thoughts If you enjoyed this episode, be sure to subscribe, leave a review, and share it with someone building a business, a family, or both. Subscribe for more Beyond the Build episodes:⁠ ⁠⁠⁠https://www.youtube.com/@beyondthebuildpod⁠⁠ Listen to Spotify:⁠ ⁠⁠⁠https://open.spotify.com/show/4e8B5ZI75I6wzo6FFw55yo?si=LSz9c7XITAKjXEYimFXypA⁠ Listen to Apple Podcasts:⁠ ⁠https://podcasts.apple.com/us/podcast/beyond-the-build-with-wendell-butler/id1784328740⁠ Follow Beyond The Build on Facebook:⁠ ⁠⁠https://www.facebook.com/beyondthebuildpod⁠ Follow Beyond The Build on Instagram:⁠ ⁠https://www.instagram.com/beyondthebuildpod/⁠ Follow Beyond The Build on LInkedIn:⁠ ⁠⁠⁠https://www.linkedin.com/showcase/beyondthebuildpod/⁠  Check out more from Wendell Butler Personal Website:⁠ ⁠https://wendellbutler.com⁠⁠ Facebook:⁠ ⁠https://www.facebook.com/wendellpbutleriv⁠ Instagram:⁠ ⁠https://www.instagram.com/wendellpbutleriv/⁠⁠ LinkedIn:⁠ https://www.linkedin.com/in/wendellpbutleriv/⁠ Subscribe to Newsletter:⁠ ⁠⁠https://wendellbutler.beehiiv.com/⁠ Hammerhead Capital:⁠ https://www.hhcapitalrealty.com/⁠ Flip Fuel Lending:⁠ ⁠https://flipfuellending.com/⁠ Tide & Timber Ventures:⁠ ⁠https://www.tidetimberventures.com/⁠ The Hive:⁠ ⁠https://jointhehive.co/⁠

    7. Discipline Is a Learned Skill (Here's How to Build It)

  8. Jul 6

    6. Why We're Pivoting from Fix & Flips to New Builds

    In today's episode, I break down why we're shifting our real estate business away from fix-and-flips and focusing more on new build development. I share what's happening in today's market, why fix-and-flip margins have become increasingly difficult, and how adapting to changing market conditions is critical if you want to keep growing. We also dive into the differences between fix-and-flips and new builds, financing strategies, profitability, scalability, and why I believe new construction offers a better long-term opportunity in today's market. Whether you're just getting started in real estate or looking to scale your investing business, this episode will give you a realistic perspective on where I see the market heading and how we're positioning ourselves for what's next.  00:00 – Intro & why adapting to the market matters 02:00 – Why multifamily stopped making sense in Charlotte 05:15 – The reality of fix-and-flips today 09:00 – Why we're pivoting to new builds 13:15 – How new build deals are analyzed 17:00 – Financing differences between fix-and-flips and new construction 22:00 – Contractors, risk, and project management 26:30 – Profit margins and scalability 31:00 – Why build-to-rent is becoming more attractive 35:00 – Final thoughts on the future of our business If you enjoyed this episode, be sure to subscribe, leave a review, and share it with someone looking to grow in real estate or build a smarter investing business. Subscribe for more Beyond the Build episodes:⁠ ⁠⁠⁠https://www.youtube.com/@beyondthebuildpod⁠⁠ Listen to Spotify:⁠ ⁠⁠⁠https://open.spotify.com/show/4e8B5ZI75I6wzo6FFw55yo?si=LSz9c7XITAKjXEYimFXypA⁠ Listen to Apple Podcasts:⁠ ⁠https://podcasts.apple.com/us/podcast/beyond-the-build-with-wendell-butler/id1784328740⁠ Follow Beyond The Build on Facebook:⁠ ⁠⁠https://www.facebook.com/beyondthebuildpod⁠ Follow Beyond The Build on Instagram:⁠ ⁠https://www.instagram.com/beyondthebuildpod/⁠ Follow Beyond The Build on LInkedIn:⁠ ⁠⁠⁠https://www.linkedin.com/showcase/beyondthebuildpod/⁠  Check out more from Wendell Butler Personal Website:⁠ ⁠https://wendellbutler.com⁠⁠ Facebook:⁠ ⁠https://www.facebook.com/wendellpbutleriv⁠ Instagram:⁠ ⁠https://www.instagram.com/wendellpbutleriv/⁠⁠ LinkedIn:⁠ https://www.linkedin.com/in/wendellpbutleriv/⁠ Subscribe to Newsletter:⁠ ⁠⁠https://wendellbutler.beehiiv.com/⁠ Hammerhead Capital:⁠ https://www.hhcapitalrealty.com/⁠ Flip Fuel Lending:⁠ ⁠https://flipfuellending.com/⁠ Tide & Timber Ventures:⁠ ⁠https://www.tidetimberventures.com/⁠ The Hive:⁠ ⁠https://jointhehive.co/⁠

    6. Why We're Pivoting from Fix & Flips to New Builds
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Ratings & Reviews

5
out of 5
3 Ratings

About

Beyond the Build is where real entrepreneurship lives. The wins, the hard lessons, the strategies, and the life you are building behind the business. Hosted by Wendell Butler, military veteran, real estate investor, and operator. No fluff. No filters. Just real conversations on building wealth, scaling businesses, and executing at a higher level.

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