Close your eyes & think about your self-limiting beliefs. How does this affect your self esteem, confidence, relationships, and your finances?
Feel this shit deeply.
Pull yourself 5 years into the future. Think of all the pain & suffering these self-limiting beliefs have caused you. It's weighed you down.
You're looking in the mirror - what does your face look like? your weight? your health? your relationships? what have you missed out on?
Now step ahead 10 years into the future. What do you feel like after a decade of self-limiting beliefs?
What did you give up on? What did you not do? How have your relationships suffered?
Feel it.
Jump back to the present moment. None of that has happened ... yet!
Shake your body out.
Commit to changing your beliefs today. NOW!
You can find Part 1 and Part 2 of the Dickens Process by @TonyRobbins here:
And lastly, the Strangest Secret in the World by @EarlNightin.
Write down on a piece of paper what you want in life. Carry it with you all the time and look at it every morning & night. Think positive when you look at it.
For 30 days take control of your mind.
Here's the video from @EarlNightin on the Strangest Secret in the world:
I spent a week in a village in Africa.
No running water, electricity, and we slept in huts.
600 people lived in the village. They were some of the happiest people I've ever met.
No matter who you are, you can be in full control of your mindset.
There's nuance and complexity to everyone's situation, but these 3 exercises have helped me through the toughest times in my life and I do them at least once a year.
I believe you can program your mind and this is one way I do it.
I hope this helps you too.
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How do Real Estate Private Equity Deals get structured?
- Capital
- Returns
- Hold Period
- Fee Structures
Here's everything you need to know:
There's 2 main people or groups of people in an investment. General Partners (GP's) and Limited Partners (LP's)
The GP is the person that does all of the work. They find the property, negotiate the contract to purchase the property, perform due diligence, & manage the property.
LP's are also known as passive investors They provide the capital to the GP to go purchase the property.
They should review reports and investment details before making their investment and during the lifecycle of the deal should be reviewing reports and financials.
Lots of new followers - Welcome! Here’s what you can expect from me:
I run JT Capital, a Real Estate PE firm. I buy 200+ unit apartments.
- Acquire in Texas & Florida
- Our own capital + $ from investors.
I discuss RE, Finance, Productivity. LMK what you want to hear from me!
My background: I won the ovarian lottery.
Parents immigrated from India. Extremely lucky to be born into the middle-class in the U.S. My dad stressed importance of finance, investing, and education to me and my brother, @sameer_jauhar.
I worked in Tech, Facebook, and then started my Real Estate PE firm. You can read more about my story and why I left Facebook in this thread:
As an LP in any Real Estate syndication, you want to understand how aligned your incentives are with the GP.
The largest misalignment I see today are hold periods. GP's are exiting deals after 3 years, because they hit their promotes. But this harms the long-term oppty for LPs.
GPs hit their promote once they hit a hurdle rate, let's say 13% hurdle.
But usually the only way to hit that hurdle and the GP to be "in the money" is to sell the deal. So, they sell after a few years.
Any tax benefits that investors received during the hold period from cost segregation & bonus depreciation get wiped out when that depreciation gets "recaptured" at the sale of the property. In addition to that you're paying capital gains tax on the sale.