All Forum Posts by: Julie Hill

@Michael Curia. Thank you!!!!  I will definitely take a look at this!!!

@Ana Marie B. thank you for sharing...  I feel the exact same!!!  I was watching TV last night and my husband comes in and starts blabbing about this house he just saw and if we do this and this and this how it could work and I'm like "omg it's Friday night I can't even right now".   Thanks for the suggestion... I will look it up!!!  

@Tushar P. I didn't say I couldn't DO math...  I have a Masters Degree. Of course I can do math.  It doesn't mean I ever UNDERSTOOD math concepts though.  RE math is mostly simple and I can do it on paper just fine.  But I can't THINK that way. I can't quickly "see" good deals until I sit down with a pen and paper to figure them out.  And I can't visualize ratios.  I read a ton of RE books, and listen to a ton on audible and when they get to the math part, I struggle to "see" it.  I have to reread it and figure it out myself to understand.  I definitely can't do quick surface level analysis in my head.  (I mean the 1% rule sure...)   When I tell you... "Film in S-log 10-bit 422 at 3200 Kelvin" can you visualize it?  I can.  Obviously this is my career and not everyone knows film production but this is also a visual concept.  I can "see" it in my head.  I know what it will look like. My point of posting this was out of frustration because I would love to get into note investing and more complicated things but that might make my head explode.  I also have a couple of partners who will send me deals sometimes... "look at this!" it will be a sheet of numbers and I'm like... "um walk me through this".  It sucks.  Be very lucky this comes easy to you!!   Knowing how to do math and being able to conceptualize math concepts are two different things.

First of all, I consider myself very smart.  I run a very successful company, have always excelled in everything I do (including school), and have even been pretty successful with RE investing & flipping so far (with my husband) but what holds me back is MATH.   It is super frustrating because I cannot conceptualize or visualize math at all.  I can't think in terms of percentages or ratios, and can't "see" what other people naturally "see" when it comes to numbers.  And I don't mean mathematicians, I mean normal everyday people.  THIS is what holds me back in real estate investing.  I am a creative and massive problem solver.  I see all the opportunities in front of me and all the different scenarios but the math part stops me short.  I literally would be UNSTOPPABLE if I could conceptualize the math of these deals/situations.  

I was listening to a Clubhouse chat with Grant & Elena Cordone and Elena said she doesn't do any of the math because she can't think that way.  She let's Grant handle all of that.  And I was like... OMG THERE'S SOMEONE LIKE ME???!!  So that gives me hope.  I feel like if I had a RE Math coach, who would practice with me every day, I might get better at it but I don't think such a person exists.  I really need to learn one concept really really well so that I actually understand it and then move on to the next.  Just like learning a language or an instrument.  Ho hum.  

I was talking with a lender today and he asked me some questions that I just felt... stupid answering.  I definitely wasn't confident.  Anytime I'm chatting with anyone in RE I just feel dumb.  Just a Friday rant I guess! 

Hi Pras!  All of those towns are great.  Also look at Commerce City.   Feel free to connect with me.  I lived in SoCal for 20 years and still have a ton of biz in SF so am there often (not during Covid obviously).  I now live in Arvada... another town right outside Denver that is also a great place to invest!  

@Brock Freeman it’s zoned commercial.  Hence commercial 

@Gage Edwards Thanks!!  I will PM you

We have a duplex in Birmingham that closed in August. It is a commercial property and the local lender made us keep 65% in the deal which was super frustrating. We went with it because it was EXTREMELY HARD to get this loan in the first place. Turns out commercial lenders don't like to lend to people who live out of state. It has something to do with regulations for commercial loans... very different from residential. The entire plan from the get-go was to do a BRRRR on this property. I'm looking for a commercial lender who could do a cash-out refi after 6 months (so around April) that would let us keep 20-25% in max and pull out the rest. The duplex is cash flowing like crazy as an STR and long term rental. Thanks for any insight!

Hi Morgan!  just PM'd you 

@Brian Tunnell I have definitely had a sandwich and several beers at the Garage!  I would love to meet up next time I'm there!