We did a poor job negotiating the deal.

KEEP YOUR JOB!

Or when you quit your high-paying W2 job and become a full-time investor. 

2.5 years ago, we sold a house we'd owned for two years for $900K (paid $480K) and we used the proceeds to buy our current house in the very best neighborhood in Boise for $1.45M and then we spent another $150K (in cash) on improvements. 

To prove her point, she put money down on the first triplex we bought, while I was living in a SFR but had to sell and move due to a job location.

 16 terms you need to know in commercial real estate:1.Internal Rate of Return (IRR): A metric used to estimate the annualized return on an investment based on the timing and magnitude of cash flows.2.Cash-on-Cash Return: The annual income generated by a property expressed as a percentage of the initial cash investment.3.Discount Rate: The rate used to discount future cash flows to their present value in financial models; often represents the required rate of return.4.Capital Expenditures (CapEx): The funds set aside for property improvements, renovations, or major repairs.5.Gross Operating Income (GOI): The total income generated by a property before subtracting operating expenses.6.Operating Expenses: The costs associated with managing and maintaining a property, including utilities, taxes, insurance, and maintenance.7.Debt Service Coverage Ratio (DSCR): A measure of a property’s ability to cover its debt payments, typically calculated as NOI divided by debt service.8.Loan-to-Value (LTV) Ratio: The ratio of the loan amount to the property’s appraised value, used to assess risk in financing.9.Equity Multiple: A measure of the total return on an investment, calculated as the ratio of total cash flows to initial equity investment.10.Residual Land Value: The estimated value of land after deducting development costs and desired profit margins.11.Sensitivity Analysis: A technique used to assess how changes in key variables (e.g., rent, expenses, interest rates) affect financial model outcomes.12.Operating Pro Forma: A projection of a property’s income and expenses over a specified period, typically used for budgeting and financial analysis.13.Cash Flow Waterfall: A structured distribution of cash flows to different stakeholders in a real estate project, often involving equity investors, lenders, and developers.14.Leverage: The use of borrowed funds (e.g., a mortgage) to finance a real estate investment, potentially amplifying returns but also increasing risk.15.Equity Investment: The amount of money invested by equity partners or investors in a real estate project. 16.

Since then, I've been renovating the property, with the plan to rent it out on a midterm basis to traveling professionals.For my day job, I work remotely for a leading PropTech company as a real estate technology advisor to owners, developers, and managers and love having conversations about everything real estate and tech.San Antonio is such a vibrant city, and I'm excited to be part of it, especially within the MTR space.

In 2022, however, I got a new job that brought me overseas and thinking we may come back, we decided to rent it out temporarily.

If you told him you have been playing pickup games for the past year and need help improving your jump shot, now he has evidence you're motivated and a specific goal he can quickly help you work towards.

The gap might not be as big an issue as when you stated the current job.