All Forum Posts by: Diogo Marques

Contact: Knock on doors to find ou the owners of the CRE Brokers Ppty Mgers Use CoStar

CoC: you invest $1000 and get paid $100. That is a 10% ROI

The same thing if you had $1,000 You go look for an opportunity that is not too large for you to chew

@Account Closed How do you eat an elephant? One byte at a time. First of all, you don't make 1M. You get it from people that give it to you. And it is unlikely that it will be only one person, or one asset. Having said that, think how you can de-construct that into smaller manageable chunks. It could be 4 stores that have a revenue of 250K each as an example. 350K->1M is a 35% return. Divide that by 4, and you get 8.75%. Can you do 4 similar things that yield 8.75% return for let's say 5 years? well number 1) The SPX500 that is about to go downward, has an average return of 9%. So you just have one covered. See? Remember the elephant...

Good luck.

John Fedro Talk to a property manager a due diligence guy and an appraiser. You'll find out anyway, so do it now. That way they will pin point you the issues and potential of the property. Just ask youself: "Will my chances of succeeding increase uf i bring different skillsets to analyze this asset?"

1. Multi Family 20 unit up. 200 sweet spot. Value Add C->B 2. Focus on One up to 2 or 3 markets 3. Minimum 9% Cash On Cash(Average for the Hold) 4. 15% Levered IRR

Lower than c-type there is no equityiiiish. It's top much issues. From c to b that's another story. Minimum 9% CoC and 15% Levered IRR

God definitely has plans for you, you just might not be aware of it. A couple of years ago I sent an email to billionaire Ken Fisher, seeking advice, and got schooled, to say the least.

Why a blessing is disguise? Well, keep reading.

"Where is the value you are providing? With all the books you have read, there is no excuse not to get ahead. The problem is that you don't seem to listen and understand as you you are so self-centered. "

That day changed everything. Didn't sleep. Still remember that day so vividly. You start looking around and understanding that it is true. 

The problem of people not getting ahead is because they are not listening to the needs of others, and not focusing their best efforts to truly helping others. Facebook is so much more important? Talking about yourselves without listening to the people around you? Are you ungrateful for the good things in your Life?

From the day you start thinking of others first, and actually figuring out a way to help, you start to matter, because one of these days will actually be your last. How would you like to be remembered? "In here lies someone that only thought about himself?Seriously? 

That day i promised to make a difference. As of now i am personally funding 7 retail locations where 1750 people can be fed everyday. 

Next year we will reach 3,000 more just in Portugal.

The second part of the plan is housing. While i am alive we will provide housing for 160,000 people. 160,000 units. That's the plan and why the BiggerPockets thing, the Podcast and reaching out to all experienced real estate investors came about.

Feeling blessed for that advice.

Be well, nothing else pays.

Diogo

Casey Randall Lenz Talk to a couple of lawyers and mortgage brokers. Listen to what they have to say. It never harms your case if you can gather more information. Setup a LLC to separate you?Maybe.Other forms of financing?Maybe. Some law?Maybe Good luck

What i learned by personally speaking 1 hour with the billionaires Howard Marks and Alexandre Soares dos Santos After 2 years living of the proceedings of the sale of my previous company, about 200 books, personal encoubters and almost 30 direct interviews you come to the conclusion that you need to: 1/find what people want and figure out a way to provide them that 2/connect that with your interests so you can follow it with everything you got 3/embrace your strengths and weaknesses and figure out a way to protect yourself where you are unreliable 4/estimate the % of succeeding and the % of failing so you won't get burried. 5/develop a plan 6/assign the stuff to people like you that can get you what you need, treat them with respect and show them you are grateful for their work 7/look for a steady recurring source of revenue 8/sustainable steps. No more than you can chew 9/Look for business comps so you'll know you are probably going to get the same results as the average. Forget outliers unless you actually know and can implement something others can't or won't 10/Assign a barrier to entry score, so you can assess that you business is going to be sustainable 11/Make sure it is an actual business where you have daily customers/deal flow and not a one per month client thing 12/Don't jump on it unless you see yourself still doing it for the next 30 years 13/Be willing to do controlled experiments and get feedback from believable people everytime you come up with an hypothesis so you can correct your interpretation of reality. You are not failing you are experimenting 14/Be grateful for being aware and always see the best in people around you 15/Be independent 16/Love yourself and close ones, because in the end no one cares more about your health, money, social surroundings, knowledge and time than you. Be great, nothing else pays. Diogo