I talk to investors daily, and most have no clue how to analyze a property.

Here is a simple playbook(with a free financial model)👇🧵 I am not saying I do it the best way, But I have seen dozens of financial models, even from private equity firms, and have found mistakes.

A simple error can totally put you in hot water, so I am surprised how so many don't take this step seriously.

I was paying thousands to a property manager to lease my vacant units.

Didn't make any sense.

So ended up building a self-leasing tech using just Zapier and Google.

Here is the full system with all the steps👇🧵 If you don't know already, besides property maintenance, the most labor-intensive PM task is leasing vacant properties.

Imagine coordination around hundreds of prospect messages, showings, and paperwork.

An engineer used up his entire 401k to invest in Real Estate

And is now making $9k per month cash flow income from it.

An investor case study🧵👇 A lot can be learned from folks who have achieved tremendous scale.

Eg - I talked to an ex-colleague this week raising a $100M dollar fund in the niche of active senior housing and learned a lot about granular tactics.

My returns are way higher b/c 9 times out of 10, I'll wait longer for the right tenant.

Good tenants pay higher rent, stay longer, and cost way less in headaches.

Here is my 12-point check to vet them upfront👇🧵 Quick preface:

The thread mentions my criteria, which is very stringent by most standards,

But I can afford to be because the demand in my market is high.

I pick my markets very carefully using tons of data.

There is a free playbook on my website on market selection btw.

Buying multifamilies is the fastest way to grow your real estate portfolio.

So why do I still buy single-family rentals?

Here are my 10 takes👇🧵 🎯There is more competition in the larger MF space. You are competing against veteran investors who can pull many strings to make a deal work.

Could be a while before a deal comes through. There is an opportunity cost of just waiting.

Saying you can't find real estate deals in this market is a copout.

Yes, it's tougher now, but good deals are not found; they are created.

Some strategies I've used to turn marginal deals into fantastic ones👇🧵 Note this is not financial advice. Consider any risks before using any of these strategies.

Let's dive in:

A deal is a deal.

Does not matter if the economy is in the dumps.

In fact, a down market is more of a reason to pull up your sleeves and be ready when life-changing deals show up.

....like it always does👇🧵 Should I time the market to buy real estate?

Do you think adopting a 'wait and see' approach right now is wise?

These are the types of questions I receive most often these days.

Gross profit is not gross margin!

This technical business lesson costs not just real estate investors but many businesses millions 👇🧵 In periods of inflation, businesses often focus on ramping up their revenues.... which gives an outward appearance of expansion and growth

The best part about real estate is that no matter what your situation or limitation is, there is always a strategy for everyone.

Here is a long list of strategies to consider for any type of investor👇🧵 Before we start, note that the strategy is:

Never a set-it-and-forget-it thing.

It is fleeting and needs to change with experience, team, capital, and risk cycles.

I studied the richest real estate tycoons, like Sam Zell and Donald Bren, in 2020

My biggest takeaway?

You can't only survive recessions, but you can be set for life if you are methodical.

Here is the full risk mitigation framework I extracted from their advice👇🧵 To get a much deeper dive, consider becoming a newsletter subscriber(link in bio)

Here we go:

If you are trying to time the market, you are doing it wrong. Period!

A thought exercise👇🧵 Yes, mortgage rates are high, and the prices have not yet come down enough.

But.....

If it’s a long-term investment, fluctuations in the market shouldn’t matter.

If you are raising money for your real estate deals and not sure how to divide profits with capital providers, here are 3 options I choose from 🧵👇 First off, a disclaimer: this is not financial advice.

Now, some acronyms.

LP = Limiter partners = passive investors = people who will provide capital but will not do any work.

GP = General Partners = Operator = Sponsor = The team doing all the work.

Investing for the sake of investing without asking what are the better mediums to be investing is just a hidden form of laziness.

These are the reasons the rich keep getting richer using real estate 🧵👇 1. Cash flow: after all expenses (including maintenance, operations, and debt)

This is what gives passive income and the main attractor for many to invest in RE.

With the right property mgr, imagine getting a check every month without working for it.

Pulling comps(comparable property prices) to arrive at the right offer for a single-family rental should not take days or even hours.

Here is how I do it in less than 5 minutes 👇🧵 Look at recently sold listings on any of Zillow/Redfin/Realtor:

Filters
- Sold within 3 months
- start from the subject property and work your way out.
- keep within 1-2 miles of the property.
- With a higher emphasis on closer properties, exclude any known to be in bad blocks

Spent days researching Huberman's (@hubermanlab) workout tips and compiled a guide.

Not real estate related, but fits my mission of helping people live their best life, and health is a big part of it.

So sharing the full framework here + notion guide in the last tweet. Day 1 - Long Endurance Day

• > 30 minutes Zone 2 cardio, ideally 60-75 minutes (work up to it). Aim for 180-200 minutes of zone 2 cardio per week

• Try to keep It easy breathing Or nasal only - breathing faster than normal, but just able to maintain a conversation

I talk to investors on a daily basis, and most have no clue how to analyze a property.

Here is a simple playbook(with the free financial model)👇🧵 Quick preface:

I am not saying I do it the best way, But I have seen dozens of financial models, even from private equity firms, and have found mistakes.

A simple bug can totally put you in hot water, so I am surprised how so many don't take this step seriously.

Tax breaks in real estate are no joke.

But most don't even know about all of them.

11 ways the rich get richer by using less-known real estate tax breaks..🧵👇 My goal with the thread is to share some under-the-radar tactics, but I realize that many reading this might not know any, so I am also including some popular strategies here.

Let's dive in..

Contrary to what many think, you don't need a big bank account to start or grow in real estate.

Real estate is very unique - there are countless creative ways to finance a deal.

Here are 26 of them🧵👇 The most common question I get:

'How did I scale to 30 homes in 1st year'

"You must have had a lot of capital."

When I was studying RE investing early on, the atomic insight for me was how easy it was to access capital, unlike other instruments.

This insight fed my strategy.

An engineer re-invested his entire 401k.

And is now making $8k per month in cash flow income from it.

Storytime🧵👇 Nothing is as refreshing as meeting someone taking a counter-intuitive path.

They remind you that you’ve got to try to think like the little kid who hasn’t had his inventiveness beaten out of him.

That's where the best ideas come from.

I made $0 from rental income in Sept 2020

15 months later, I had

- 34 units
- $36,200/month in rental income

While I worked >60 hrs per week in my day job.

5 actions I took to unleash productivity and grow fast👇🧵 Note: Some weeks, my job was very demanding, but these actions worked most weeks.

Let's dive In:

I developed hundreds of hacks to rapidly buy 40 rentals in 18 months while grinding in a consulting job.

Here are the 10 most impactful ones.👇🧵 👉Work directly with the seller agent instead of your own agent

They don't have to split the commission, so they prefer your offer over other buyers with a buyer's agent.

A no-brainer!