All Forum Posts by: Ryan Phu

 It's these two right?

I'm doing a combination of SMS, Cold Call, Email Blast and Direct Mail (To the True Owner Address not LLC)

Are you buying Nationwide? depending on your buy box, I can bring you deals 

 Hey John appreciate your feedback, when working with partners how would you go about choosing them? Do I need a ring since I'd almost be getting married?!

Hahaha...

I wonder, if it matters how good of an operator they are, I know in syndication that is important because it's more hands-on. I'd probably come across many opportunities as I know how to find deals and can even structure them creatively - I'm missing the piece of underwriting and operations. 

Goal: Own Commercial Real Estate - BE THE BEST AT IT - Go all in & Let Things Compound. MASTER ONE.

Challenge: Picking Asset/Strategy

I source off-market RE for SFRs (wholesaling). I'm really good at it. But I want to own RE.

Here's my plan

Phase 1: I have and am still in the process of completely transitioning my team to start generating Off Market CRE Deals 

Phase 2: Assign the Deals / Partner 

(#1 this allows me to create solid relationships - I provide the 1. deal + 2. hustle and they provide the knowledge; or the buyer if its a JV)

(#2 this allows me to get really good at finding deals in CRE)

(#3 this allows me to see what exit strategy and asset class I like best)

Phase 3: Vertically Integrate, Start Taking Down Deals & Operating with Own Capital using Creative Finance Strategies (was initially thinking (NNN - Industrial, Retail, Office)

I'm still committed to it, however, I am having second thoughts because there was someone I was really looking up to doing NNN who claimed to go from 0-150M in 3 years, I will not name him, however, it seems like he might be in trouble. I'm hoping I'm still on the right track! What I am looking for 3 things

1) Near Guaranteed Absence of Downside

2) Low Operational Drag

3) Extreme High Upsides due to leverage of magnitude x time (Compound Projects - I'm 19 years old, I know when do this for very long I can create true wealth)

What's your favorite, and why? Would love to hear it!

I was skeptical of that, what was the real number? From the hours of research I have done I've seen NNN is slow and steady increasing networth of 7-8figs a year but not that magnitude.

Here's a free checklist, i made this, I offer to help disposition, build verified buyers lists, or if you have cancelled deals I can revive them. Hope this helps!

https://docs.google.com/spread...

You could split the Costar Subscription with someone, I'm thinking of doing that with my friend

Dang that disappoints me,

I source off-market RE for SFRs.

After sourcing a 12-unit apartment deal for my friend and after listening to Matt's Episode

I have and am still in the process of completely transitioning my team to start generating Off Market CRE Deals (Specifically NNN - Industrial, Retail, Office)

I'm still doing it, however, it sucks because I thought his strategy was the best route in CRE as he scaled 0-150M in 3 years.

I was wondering the exact same thing...

In fact I changed my whole strategy from targeting SFR homes to sourcing off market commercial deals. Now I'm getting second thoughts, the story going from 0 to 150m in 3 years seems to good to be true...

Edit: If you look him up you cant even find his BP Podcast anymore.

It's gone... Hmmm

I was wondering the exact same thing...

In fact I changed my whole strategy from targeting SFR homes to sourcing off market commercial deals. Now I'm getting second thoughts, the story going from 0 to 150m in 3 years seems to good to be true...

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