ABOUT 2 MONTHS AGO • 1 MIN READ

$4M in equity. $1M short. 5 months and counting.

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Jason Bible

Real estate investing and capital raising, from someone who's raised $260MM+ and underwritten 1,000+ deals. Weekly notes on what's actually working in private capital markets right now — plus first look at live deals, workshops, and Capital Hour events in Houston.

May. I'm teaching a capital raising class. A guy bursts in, panicking. About to lose a deal.

$55K/unit. Appraised at $90K. 60 cents on the dollar.

He needed $1M, in 3 weeks, to unlock $4M in instant equity.

I sent a proposal. He passed.

Five months later, he's still short.

$4M sitting on the table. Lost over a $1M gap.

Here's why: he's great at underwriting. Terrible at raising. Different job. Most sponsors don't find out until they've burned months learning it the hard way.

Two clients this month did it right:

One had no pipeline. $8.7M, seven weeks.

One had a network that kept saying "maybe." $4M, in weeks — off people he already knew.

The deal doesn't close itself. Someone runs the raise like it's the job. Because it is.

If your sponsor's been "raising" for months with nothing to show for it — that's the tell. It's never the real estate.

— Jason Bible

Got a few spots open. Reply or pick a time: https://calendly.com/jb-thecapraise/30min​

Jason Bible

Real estate investing and capital raising, from someone who's raised $260MM+ and underwritten 1,000+ deals. Weekly notes on what's actually working in private capital markets right now — plus first look at live deals, workshops, and Capital Hour events in Houston.