Founder's Frequency
Bill BymelCandid reflections on risk, resilience, and real estate investing.
| Platform |  | Pricing | Only free issues | Publishes | Weekly |
|---|---|---|---|---|---|
| Issues | 11 | Founded | 2 years ago | Last Issue | a month ago |
| Active | |||||
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billbymel.substack.comLatest Issues
The Storm Series: Why I Wrote The Storm
“I didn’t write this book for money or prestige. I wrote it to spark a conversation.”
Over the past seven essays, I’ve walked you through what I’m seeing from inside my work. The end of cheap capital. Insurance carriers retreating from ent...
Credit Looks Fine — Until You Look Closer
“𝘼 𝙡𝙤𝙩 𝙤𝙛 𝙬𝙝𝙖𝙩 𝙡𝙤𝙤𝙠𝙨 𝙨𝙩𝙖𝙗𝙡𝙚 𝙞𝙣 𝙘𝙧𝙚𝙙𝙞𝙩 𝙧𝙞𝙜𝙝𝙩 𝙣𝙤𝙬 𝙝𝙖𝙨 𝙨𝙞𝙢𝙥𝙡𝙮 𝙗𝙚𝙚𝙣 𝙜𝙞𝙫𝙚𝙣 𝙢𝙤𝙧𝙚 𝙩𝙞𝙢𝙚.”
The industry has a phrase for what’s been happening: extend and pretend.
Thanks for reading F...
When Deals Still Work But No Longer Make Sense
“All three valuation methods rely on stability and predictability. Climate volatility destroys both.”
If you look at any one variable affecting real estate right now, most of it still holds together. That’s what makes this moment so easy t...
The Storm Series: This Isn't 2008
“We’re at another convergence point — one that makes 2008 look simple by comparison.”
Most people still think about risk the way we experienced it in 2008.
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The Storm Series: When Systems Start Moving Together
“Individually, each force looks manageable. Together, they become something else entirely.”
Over the past few weeks, I’ve written about the end of cheap capital and the signals coming out of insurance markets. Each post focused on a single...
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