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Recent content by MKHB

  1. MKHB

    (SaaS) The world's first copy and paste Store Locator App

    SAAS / APPS WEB/DIGITAL 
    I am still amazed more people don't know about this forum (MFF). This is unbelieveable, you posted a question on a Tuesday night and already received extremely valuable feedback from DeMarco and a few others guys that know this e-commerce shit inside and out; the next day! I don't know SaaS...
  2. MKHB

    How do we prepare for the coming financial crash?

    HOT! 
    Tip#1 Stop taking advice from gurus sell info as a major part of their income; bad news sells much better than good, therefore.... Tip#2 Don't attempt to time financial cycles, unless your Cleo. Tip#3 Buy quality real estate in areas with job growth, good demographic trends, sunny weather...
  3. MKHB

    On how to take advantage of biggest real estate gold rush in 20 years.

    REAL ESTATE 
    I buy real estate to play the appreciation game, I think Robert Kawasaki should focus on market crashes and his bugging out (doomsday) strategy. RE is a liability, it requires time, money, effort, is very liquid and when it does shed cash flow it is taxed above at my effective rate. If my main...
  4. MKHB

    On how to take advantage of biggest real estate gold rush in 20 years.

    REAL ESTATE 
    I have never heard of this type of strategy? It almost like a build-to-suit/master lease hybrid strategy. Why would a financial institution want the risk of short term obligations (residential leases). Who owns the dirt, I assume your friend. Who is financing he construction of the building...
  5. MKHB

    On how to take advantage of biggest real estate gold rush in 20 years.

    REAL ESTATE 
    Ahhh...we have a winner! You are correct it is more about taking advantage of the gold rush, not necessarily finding the gold itself. However, the latest crop of up-market gurus and the suckers who listen to them, think ownership of real estate is the quickest and only way to riches for those...
  6. MKHB

    On how to take advantage of biggest real estate gold rush in 20 years.

    REAL ESTATE 
    None, real estate is not a spectator sport. Stay away from "info for sale crowd" when it comes to RE. What works in Ohio or Illinois or Germany last year doesn't work in CA or NYC today. Unless this person has 20 years experience or at least a 50M net worth don't bother, they will be out of...
  7. MKHB

    On how to take advantage of biggest real estate gold rush in 20 years.

    REAL ESTATE 
    With full service gross leases and load factor of 90 and 10% credit and vacancy your well above a CAP of 20. Run, don't walk from this one. Something don't smell right and if that's not enough it's Florida.
  8. MKHB

    On how to take advantage of biggest real estate gold rush in 20 years.

    REAL ESTATE 
    It all depends on your experience, abilities, time horizon (your age) and appetite for risk; and if you are considering making money "in" RE or making money "owning" RE. If you're new to RE: don't over complicate it. Get educated, complete the CCIM curriculum (about 12K/6 weeks) and get a RE...
  9. MKHB

    Margaritaville (I've Bought A Golf-Course!)

    GOLD! MINDSET 
    Gold??? This should be the first "Brass" thread. Anyone that sells a portfolio of income generating safe investments and buys a golf course on spec, has got a pair of you know what.
  10. MKHB

    Capital for wholesaling?

    REAL ESTATE 
    Yeah, I think real estate is a get "very' rich "very' slow method. Timing the real estate is glamorized and heralded, but in reality it is for the under-capitalized and uniformed. Real estate equity always grows over time, while cash in the bank always gets spent. When it comes to long term...
  11. MKHB

    Capital for wholesaling?

    REAL ESTATE 
    Here some advice: Don't solicit entity formation, tax, or career advice from shadowy figures on forums where they don't not give their real name. You failed your first test! You want to succeed in real estate, do it the way 99% of those who are successful do it; get a job in an ancilliary...
  12. MKHB

    Let's Build a Spec House!

    EXECUTION 
    Oh man... r u kidding me. What a place to work. Nice.
  13. MKHB

    Crazy Cap Rates

    REAL ESTATE 
    Yes valuations are high, very high. I would be more wary about a MF in Kentucky or Ohio going for a 7 CAP than a 3.15 apartment Beverly Hills. You have enormous barriers to entry in those markets and there is still room for NOI growth in areas that have strong employment growth. That is why...
  14. MKHB

    Folks, it's 2000 (or 2008) all over again.

    INVESTING HOT! 
    Yeah, that seems to be the case. There are pockets of Northern VA that I am looking at to do some spec building. And as you state, the values are not out of this world but the pool of potential buyers are the upper level GSA/Fed that have built up a bit of equity and with rates so low are...
  15. MKHB

    How to Save Yourself in this Recession

    HOT! 
    Well said. Also, up markets are sometimes the domain of the well connected and capitalized, as opposed to choppier times, which plays a little more towards the hungry, motivated players.
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