The shitty thing about real estate:

It's not very approachable from the outside. The people who do deals never talk about the deals they do. Sharing isn't common.

It's tough to learn unless you were born into a real estate family or got lucky with a mentor.
So to learn how to talk to a banker or what makes a good deal or how to structure a deal is damn near impossible.

The people who know it well (like crypto) talk about it in a complex way.

So newbies have no idea what the insiders are talking about.
I've learned more sharing how I think about real estate on Twitter in 12 months than I could have out just doing deals for 12 years.

I get feedback from a lot of smart people I respect.

My mistakes were pointed out. Great ideas were shared.

And I got a lot smarter.
But I have thick skin. Twitter has a lot of jerks. I get why nobody shares.

If I did a questionable deal I would have been crucified. Its only a matter of time until I end up getting cancelled or I lose a deal with 250k impressions on everything I say.

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More from @sweatystartup

23 May
My grandpa has paid 2% of his NW yearly to a wealth manager to keep his portfolio "balanced" in the same 8 ETFs for 20 years.

My high-earning 30 yr old friend has his house paid off and is proud of it.

Every broke person I know has a car payment.

Ignorance is expensive.
To explain the second one:

He is a high earner. Not a retiree. He's in wealth GROWTH stage not wealth preservation.

He can borrow money at 2% and earn a 3.5% dividend on any number of stocks that also appreciate 8% per year.

He could buy Aapl and earn 20% a year for the next 5
Or an investment property. Or crypto. Or become an LP in private real estate deals.

He can work on a 20 year timeframe. A 40% market correction won't hurt him. He earns plenty of $$ daily through normal ways.

Its SILLY to have that cash tied up in a house.
Read 4 tweets
23 May
A good practice if you’re a service business owner.

Put your friend in front of your computer, on your website and ask them to sign-up for your services or get a quote.

If it takes more than 2 minutes for you to get their information you are failing.

Make it easier.
One owner I consulted changed one thing:

The signup form on his website.

It wasn’t intuitive and it wasn’t easy to get a quote.

We added some clarifying language and simplified it.

He now books 50% more biz every month.
The software is there.

The copywriting and “what you take and when” is what matters.

Don’t get the credit card right off the bat unless you’ve already secured the email and phone number!

Work hard on your email templates too!

Make them shorter and easier to read!
Read 4 tweets
21 May
Being active on twitter over the past 12 months has easily been the highest value work (in real dollars) of any single period of my entire career (next 30 yrs included).

2 hours per day. 14 hours per week.

The highest ROI of any work I’ve ever done or ever will do.
I went from no LPs and no LPs in site to raising $7MM in a 5 month period from folks I met right here.

Will probably be hundreds of millions over next 30 years.
I’ve already sold $350k in online courses and have done $150k in consulting.

Planning to grow significantly over next few years.
Read 7 tweets
20 May
Are you good at sales and are you a clear, concise communicator?

Do you hate your job or do you want a better one?

DM me a 1 minute video on why I should hire YOU!
Focus: real estate acquisition

Location: USA based, but fully remote

Compensation: Commission

Experience requirements: NONE
Second position:

Head of my online media brand, communities, podcasts, newsletter and courses.

Skills:

Writing, marketing, funnels, wordpress, woocommerce, drip.

Open to part-time but preferably full time!
Read 4 tweets
20 May
My wife isn’t wired to care as much about money (numbers on a screen in some invisible bank somewhere) as I am.

She could care less when I talk about the size of deals, profit, loss, risk, potential, etc.

She thinks and desires totally different things. She’s wired that way.
It must be freeing to live life not totally fixated on something that only matters up to a certain point (which we crossed a while back).

And here I am starting at a computer screen 30 hours a week working to grow those invisible numbers.

For what?

Ego? Status? Pride?
In a way it’s a blessing because I’ve been lucky enough that my addiction has set our family up pretty well.

But in other ways I see so many men totally ignore every other area of life in favor of growing those damn numbers.

Health. Kids. Spouses. Friends. Hobbies. Balance.
Read 14 tweets
19 May
How to buy a house in a hot market:

Fire your buyers agent (or don’t get one). You’re at a disadvantage with a multi-offer scenario.

Work directly with the seller agent.

Make offer with 2% credit to seller and 1% more commission for the seller agent.
Disclaimer before the buyers agents try to burn me at the stake:

Don’t do this if you don’t know how to represent your own best interests.

But if you know what you’re doing, this is the best way to win the house because it can be $10-30k that isn’t going to your agent.
My FIL bought a house in red-hot Athens GA under this exact scenario.

4 offers right at $370k. One was ours.

Other 3 had buyers agents.

Seller agent credited 2% ($7400) on top of our highest and best and he made an extra 1%.

We paid less, seller made more.

We won.
Read 7 tweets

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