
8 July 2024 | 42 replies
If you were actually at my event, you'd know that 1) I buy at wholesale prices, 2) I buy for cash flow, not for speculative appreciation, 3) we 'create' appreciation by making value-add improvements to properties, and never speculate, 4) I stabilize properties & refi out my investors in 12-18 months, allowing more predictability in interest rates & loan terms than speculating 5-7 years out like most syndicators do, 5) if the market shifts, I'm at a low enough cost basis that I have many options on what to do with the property (hold, refi, sell, etc), 6) once investors are cashed out in 12-18 months, I'm the only one with ongoing responsibility & liability (even though it's a non-recourse loan there is still some liability I take on), 7) I project for increased interest rates (which actually just dropped .25% last week, btw), lower LTVs, and lower valuations than what the market is showing right now, keeping us at very safe levels, and 8) I only buy workforce A & B class apartments (not luxury, not C/D class) which is the most insulated asset class in real estate.I have NEVER publicly pitched a deal, or even pitched a deal in my events.

9 July 2024 | 197 replies
In my experience, once the men know that I am the one who writes the checks, their attitude improves remarkably.

5 July 2024 | 2 replies
If you see a $220k listing for a duplex where each rent is $1000/month you see immediately that this deal is CLOSE TO 1% and that with negotiation or other improvements in rent or savings in expenses could meet or exceed that.

6 July 2024 | 18 replies
So, either adjust the price or improve the property.

4 July 2024 | 1 reply
An agent brought a property that would pay for itself and had the potential to increase rents and make non major improvements to increase rents.

4 July 2024 | 5 replies
The project was a success, our General Contractor, Better Touch Home Improvement did an amazing job.

4 July 2024 | 0 replies
I believe the play is to either improve the existing building and raise rents or the zoning allows for apartment buildings and the lot is considerably big, so maybe build new.

4 July 2024 | 11 replies
Before you jump 2 feet into the Real Estate Investing world, I challenge you to find a balance of continuing your drive toward real estate while improving your position at your current role.

4 July 2024 | 11 replies
We feel like this gives us a pretty good background to start, but by no means do we think we know everything we need to yet.The area around UCF has improved quite a bit in the last 10 years and home prices have risen considerably, but it seems like there are still some promising areas to find deals.

3 July 2024 | 14 replies
I'm doing some improvements before listing on Airbnb, including installing a small half bath in the attic bedroom.