Dropping Real Estate and Business Knowledge | Real Estate Investor Since Age 19 & Own $200M+ of Investment Real Estate Today
Aug 13, 2022 • 22 tweets • 2 min read
Short-term vs long-term hold periods in RE is widely debated amongst real estate investors online.
Pros/Cons of Each Below👇:
Short-Term Hold Advantages:
Aug 12, 2022 • 4 tweets • 2 min read
I created my IRA a while back during the earlier days of the internet.
Back when Charles Schwab was running ads with Shannon Sharpe about #ETFs and mutual funds. 1/4
It was so long ago that I actually thought it was an e-trade ad while talking about it on my #podcast.
2/4
Apr 7, 2022 • 24 tweets • 4 min read
Major lessons I have learned in the past decade from:
$200M+ in investment RE acquisitions
40+ deals
Grab a beverage and enjoy🧵👇
1. If you want to quit your job, get something going before you quit.
This was the first lesson I learned and has come up over and over on my podcast with the guests who have built up a $100M+ portfolio.
Apr 1, 2022 • 26 tweets • 5 min read
Being a GP myself, I know what to look for in real estate General Partners ("GP")
Below is a list of tips you need to read if you are a LP and want to evaluate a GP 👇:
(or if you are a GP who wants to be best in class)
GPs are also called sponsors so the terms will be used interchangeably here.
1) Track Record and Experience –
Has the sponsor executed the plan they are pitching before?
You want sponsors who have a history of successfully executing similar investments.
Mar 31, 2022 • 4 tweets • 1 min read
Was just listening to a podcast this morning about how much pricing has blown out on interest rate caps
About to buy a cap on a $22M loan in the next hour
Any guesses from #retwit on how much this cap will cost?
@phil_mcalister, been reading your killer interest rate tweets recently. Everyone should take a look at those and follow if you haven't already.
Curious on your guess if this is in your wheelhouse
Mar 27, 2022 • 22 tweets • 3 min read
We recently purchased a fully renovated 21-unit property in Phoenix, AZ
$4,850,000
Built: 1985
Unit Mix:
20 - 1x1 (700sf) 1- Studio (300sf)
Here's a thread on how the deal went down 👇 1/ We have members of our team that search for off-market deals and found this deal through a cultivated off-market broker channel.
Mar 19, 2022 • 13 tweets • 2 min read
In a long-term investment, real estate is unique in its ability to provide stable, high-yielding cash flow along with its potential to serve as a dynamic vehicle for building wealth.
There are 5 ways you build wealth investing in real estate: 1) Cash Flow 2) Equity Buildup (Loan Principal Paydown) 3) Appreciation / Inflation Hedge 4) Tax Efficiency 5) Low Correlations with Other Asset Types