So one night he posts about his Jet being a G 4 and how it costs him 4k a month to operate..

I have several friends that are multi-millionaires (including one with a corporate jet). and they all work their butts off.

For the cinder blocked walls I purchased Hydro-Seal 75. 

For example, it might be easier to rent a unit for $600 + hydro when the bill is around $150 per month, even though you might only be able to rent the unit for $700 when you include the hydro.

For example: Semi gloss beige walls with a jet black OIL based paint for the trim.

Gone were the asperations of a private jet.. that was always my number one goal.

Understanding the 50% rule will create an understanding of maintenance/cap ex.In the last 2 weeks: I have replaced 3 hot water heaters (one under warranty that was only 2.5 years old), one of the water heater failures took out the kitchen (insured), got one RE sewer jetted, rebuilt 2 fences, made a new screen for a window, replaced one side of the frame of a garage door opening, removed 2 giant trees, added 3 sister beams to a garage roof. 

And of course you have the JET  LOL

Flying jets was awesome but your body can only do that for so long.

Based on leveragea loan fund might turn 100% of the capital every 6 to 9 months.. and has little to no leverage its all investor cash. so if there is 30 or 40 million out.. it ALL comes back and is sitting in the account.thereby leading to temptation for those who go down the slippery slope of robbing peter to pay paul and buying personal jets  LOL.I think as an apartment sponsor unless your really really huge  you have to pay your debt service and whats left over is a small fraction of what happens in a for real loan company that is turning their loans.