I decided this morning I wanted to put together a basic "crash course in real estate" guide. Something I'd have loved to read when I was 22 getting started.
7 hours later and I'm 19 pages and 7,500 words in.
Take away my character limit and all hell breaks loose!
7 hours later and I'm 19 pages and 7,500 words in.
Take away my character limit and all hell breaks loose!
And the wife is upset we didn't do our normal Saturday walk and she got no help putting the boys down for their naps.
"When you're in the zone you just gotta let it ride, honey."
"When you're in the zone you just gotta let it ride, honey."
First four pages for anyone who cares 
This is dense. I apologize in advance for the zzz's!
Meet my editor, Rhett
Does this make any sense at all or am I way too far in the weeds? I do plan to add some graphs and model screenshots.
The most powerful thing about long term hold real estate..
A 1% difference in growth of revenue and growth of expenses can do THIS.
A 1% difference in growth of revenue and growth of expenses can do THIS.
We'll try this one more time (technical difficulties). If you want to get notified when I finish and decide how we're going to distribute this thing sign up for an email from me:
sweatystartup.com/realestate/
sweatystartup.com/realestate/
I think this will be my favorite section. When I record the video I'll probably be screaming and jumping up and down.
Calling it a night. Carpal tunnel is kicking in.
15 hours in and its turning from crash course to "novel" at almost 20k words. Still haven't touched the tax advantages, cash-out-refis, cap compression and the portfolio effect, deal structures, or self storage
Figuring out how much a property is worth is hard. Especially if its an unsophisticated seller from a cold call.
This is one way I think about backing into purchase prices without much data during my "quick look" or "smell test".
This is one way I think about backing into purchase prices without much data during my "quick look" or "smell test".
What would you like to see covered that isn't on this outline?
Quickly evolving from a crash course to a book. 25,000 words and 75 pages in and only covered about half of these.
Quickly evolving from a crash course to a book. 25,000 words and 75 pages in and only covered about half of these.
I'm likely going to record videos for each section, screen-shares of underwriting, etc.
And I'll likely price it like a course and release on Gumroad for around $500-1500. Targeting Jan 2021.
And I'll likely price it like a course and release on Gumroad for around $500-1500. Targeting Jan 2021.
Available for early-access. Even though I recommend waiting until January when its done!
gumroad.com/l/pOneE
gumroad.com/l/pOneE
And if you don't want to pay, don't worry - I'll keep sharing!
Meet the wealthiest guy I know!
Meet the wealthiest guy I know!
Having fun ripping through some of the ways real estate folks get out of paying taxes.
Everybody thinks Trump only paid $750 because of bonus depreciation...
THIS is the main reason.
Wild stuff.
Everybody thinks Trump only paid $750 because of bonus depreciation...
THIS is the main reason.
Wild stuff.
Video intro!
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