Good to see you over here, BenFancy to see you here, Ryan
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Free registration at the forum removes this block.Good to see you over here, BenFancy to see you here, Ryan
Are you guys from BiggerPockets? Nice to see some RE guys here, usually this forum is the one exporting users over there due to their RE focus.
A couple of RE guys that are actually qualified to do an AMA.Are you guys from BiggerPockets? Nice to see some RE guys here, usually this forum is the one exporting users over there due to their RE focus.
Just came across this platform. Trying it on for size. Not sure if I can be of any use to anyone here... Look me up; we'll hook up and I'll let you buy me lunch...since you're rich, and all...Fancy to see you here, Ryan
Yes, not sure about Ryan, but BP is definitely home base for me. Glad to be here, MJ. As to qualifications, Ryan knows stuff...I'm just a dumb landlordA couple of RE guys that are actually qualified to do an AMA.
...I'm just a dumb landlord
Haha - well, two things are clear:Bullshit!
Do a 30k pig thread. It would be valuable.Yes, not sure about Ryan, but BP is definitely home base for me. Glad to be here, MJ. As to qualifications, Ryan knows stuff...I'm just a dumb landlord
Haha - funny you should mention. Just did a T8 cash flow analysis across my portfolio yesterday. Freaking ridiculous - while there's nothing loosing money, the damn SFRs are at bare minimum...barely. Apartments are doing well, even in spite of some serious CapEx having been deployed.Do a 30k pig thread. It would be valuable.
Hey Ben. Not a lot of real estate over this way but a very different overall outlook to investing than over at BP.Fancy to see you here, Ryan
This guy just bought a damn golf course. How badass is that?Hey Ben. Not a lot of real estate over this way but a very different overall outlook to investing than over at BP.
Just came across this platform. Trying it on for size. Not sure if I can be of any use to anyone here... Look me up; we'll hook up and I'll let you buy me lunch...since you're rich, and all...
Wow - all of a sudden it's raining BP people Thanks Steve!Hey Ben. Not a lot of real estate over this way but a very different overall outlook to investing than over at BP.
Ryan - if you spent half as much time studying CFFU as you do on social networks, you might be able to actually afford to pay for my lunch... Thoughts on that...lolhahahah you're hilarious. Yeah BP is home for me. I've been here a few weeks.
Ryan - if you spent half as much time studying CFFU as you do on social networks, you might be able to actually afford to pay for my lunch... Thoughts on that...lol
This world is about Fastlane thinking. Making real money is the name of the game. Although some are working to get something started as boot-strappers, there are many that have some incredible things going on.Can you give me a 3 sentence synopsis - what are people about? And what's the best way to integrate and introduce myself?
Nice!!! On both -triplex and the glowing review (shoot me a link, I don't know that I saw Thanks, Ryan!Man that was low! I've actually read it front to back a few times! Thank you very much. Pretty sure I gave you an absolutely glowing review on BP a week or so ago as well! Actually looking at a few triplex properties as we speak.
Real Estate is not the way to necessarily make money - it is to build wealth. In my case, I am more fortunate than most in that I have both to a certain extent. But, IM and other businesses are a much more efficient way to create CF...This world is about Fastlane thinking. Making real money is the name of the game. Although some are working to get something started as boot-strappers, there are many that have some incredible things going on.
I learn a lot here from people and their different views of the world. This place is my world of comfort. I have many close friends here that I can discuss money and business with. We all "understand" each other.
I know from your posts at BP that you are not thinking as a "buy a property and rent it for 100 cashflow" type of person. We know where that will take you. That is what bored me away from BP. Acceleration is the name of the game for me.
Wow - all of a sudden it's raining BP people Thanks Steve!
Can you give me a 3 sentence synopsis - what are people about? And what's the best way to integrate and introduce myself?
Thanks Ryan. The golf course is not that big of an investment by comparison. It is smaller than each of the last three real estate transactions that have been done. The purpose is more for a "retirement" type of a setting.This guy just bought a damn golf course. How badass is that?
Thanks Ryan. The golf course is not that big of an investment by comparison. It is smaller than each of the last three real estate transactions that have been done. The purpose is more for a "retirement" type of a setting.
The apartment real estate game seems to be played out for now.
Agree!!!Real Estate is not the way to necessarily make money - it is to build wealth. In my case, I am more fortunate than most in that I have both to a certain extent. But, IM and other businesses are a much more efficient way to create CF...
Have heard that question a lot recently.Marcia was just asking me why
There are issues with what you're describing though, Steve...Agree!!!
Build the net worth to the point that you can buy something that will really cashflow. I stated that many times. Most of the properties that I had purchased during the past 5 years were negative cashflow at the start. Zero cap rates were typical.
Once they were turned around, there was cashflow but 5-10%... Who gives a shit? I want the big payday from the sale. Rinse and repeat...
When the money builds to the point that you can purchase something with 100K passive/year, then you are talking.
Haha - would you like the long or the short of it?! lolHave heard that question a lot recently.
life is good for those that provide value, it sucks for those that don't.
You should have that intellectual worth by the time you build the money.1. In the big space you are forever competing with money whose agenda is very different from yours - this is very much a limiting factor. In the small space it is easier to find deals.
2. Also, to get to a pint where you can take down $100,000 passive requires an uncommon amount of intellectual worth. And the only way to develop it is by doing smaller deals. This is why most people loose money on apartments, and the only saving grace is that via leverage we can drive the IRR...
There are issues with what you're describing though, Steve...
1. In the big space you are forever competing with money whose agenda is very different from yours - this is very much a limiting factor. In the small space it is easier to find deals.
2. Also, to get to a pint where you can take down $100,000 passive requires an uncommon amount of intellectual worth. And the only way to develop it is by doing smaller deals. This is why most people loose money on apartments, and the only saving grace is that via leverage we can drive the IRR...
There are issues with what you're describing though, Steve...
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