Real Estate Underground · Episode 207 · Season 5
Shouting Into the Void: Rob Bergeron on Unsolicited LOIs, Uniting Wholesalers, and the Good Neighbor Data Center
August 11, 2026 · 41m
Show notes
Rob Bergeron writes a free newsletter at five in the morning, five days a week, and has for years. One Saturday he sent it out saying he saw something happening between data and energy and wanted in. A reader named Mark, who had never once replied in five years, wrote back. That email became a data center company that has since shrunk the standard footprint by 92 percent.
That is the whole method. Rob publishes in public, constantly and for free, and lets the right people find him.
Rob calls himself the tilapia of realtors. He owns Winner Realty in Louisville, runs OffMarket.deals nationally, writes The Morning Bergeron five days a week, and is building what he hopes becomes the institutional standard for data centers. On paper that is four unrelated businesses. In practice it is one move, repeated.
The wholesalers in Louisville were all convinced they were competing for the same buyers. Rob ran comps for them for years and never once took a deal off them. When he finally asked for their buyer lists, they handed them over. He merged those lists with his own, charged two thousand dollars only when he brought the buyer, and made forty two thousand in year one. That business is now OffMarket.deals.
He posted on the BiggerPockets subreddit because nobody else was posting there. That produced David Greene.
He sent one newsletter into the void about data and energy. That produced a partner, a connection to HKS, and a design that shrinks data center footprints by 92 percent, runs closed loop on 40 gallons of water a year, uses submerged cooling so it makes no noise, and routes its waste heat to farms.
And he sends unsolicited letters of intent to listed properties and for-sale-by-owners on behalf of his clients' buy boxes. Direct mail hits at 1.1 percent and costs money. Rob hits at 2.1 percent and spends nothing.
His frame for all of it: we are in the NIL era of real estate, where everyone has to earn everyone's business. Nobody is owed a repeat client.
Rob also gives one percent of Winner Realty's net profits to Hand in Hand, which builds houses in Belize for about ten thousand dollars each. His stated legacy goal is one house every month, forever.
Find Rob: The Morning Bergeron newsletter, and OffMarket.deals for assignable contracts and the buyers list.
This week's book: The Power of Moments by Chip Heath and Dan Heath
https://www.amazon.com/dp/1501147765?tag=clarkstholdin-20
Chapters
00:00 The NIL era of real estate
00:33 Welcome to Real Estate Underground
01:45 Meet Rob Bergeron, the tilapia of realtors
03:00 Why investor clients are worth the reputation they have
03:30 Louisville: slow to rise, slow to fall
05:00 Where Rob is looking now: energy, water, land, agriculture
06:00 Bloom Energy, small modular nuclear, and a Q1 2027 timeline
07:00 Three Mile Island, and the cousin who built the cleanup robots
08:15 One Saturday email into the void
09:30 The Louisville Network becomes OffMarket.deals
10:45 Uniting the tribes: competing wholesalers, one buyers list
11:00 HKS, SoFi Stadium, and a data center division three months old
12:00 Shrinking the footprint by 92%
12:45 The good neighbor data center
13:45 Why retrofits beat new builds
14:15 Waste heat, farmers, and who is actually getting squeezed
15:45 Let the average person own the residuals, not BlackRock
16:30 Shooting your shot
16:45 How posting on a subreddit produced David Greene
18:00 Louisville as a real estate brain trust
19:00 What the next three years look like
20:30 3D printing, automation, and what is actually viable
21:15 The unsolicited LOI play: 2.1% hit rate, no money spent
22:45 The NIL era: everyone earns everyone's business
23:30 Winner Realty and giving agents more than one trick
23:45 Rob's Brain
24:15 Winner Services: lending, oil and gas, water treatment, data center land
25:15 Three or four things a day
25:45 Hand in Hand, and the house that changed the math
26:45 Two grand versus $1,900 a year
27:00 One house a month, forever
28:15 The Power of Moments
29:30 Water balloons, a record, and sending Panera anonymously
30:00 Why wholesaling is the lowest barrier in the business
31:30 The deal he would take back: a partner with no money in it
32:45 What he should have built on the front end
33:30 Less chips, more steak: how Rob reads
35:00 The highlights someone finds after he is gone
35:30 How Rob defines success
36:15 An ADD brain, AI, and making it linear
38:00 Obsidian, and Ed's own workaround
39:15 Music, sun, and saying weird things in public
40:00 Where to find Rob
Elevista - Speed as a Service™
Elevista Connect is the first AI-powered lead conversion system built for real estate investors.
🎧 Subscribe to Real Estate Underground for weekly insights on building wealth through real estate, without sacrificing your sanity.
Additional Resources:
- Clark St Capital -> Passive real estate investments for busy business owners and executives
- Elevista -> AI SaaS for real estate investors
- Clark St Academy on YouTube -> Learn how to invest in real estate
Social Media:
- LinkedIn -> Ed Mathews (President at Clark St and Elevista)
Heads up: If you find this week's book intriguing and you buy using our link, we receive a small commission that helps support the show. Thank you!
More episodes · Subscribe
207 more conversations.
Every Tuesday, an operator-grade conversation about multifamily underwriting and what actually works.
Want the underwriting work behind the show? Join the newsletter.
By submitting, you agree to our Terms and Privacy Policy.
No spam. Unsubscribe any time.

