What's new

Search results

  1. RayAndré

    Are You Weak? This Exercise Will Show You

    HOT! MINDSET 
    wow, that felt good! I definitely couldn't breathe for the first minute or so. But using aspects of the Wim Hof method really helped, especially holding the breath. Day 1, success! How many days in a row are others on?
  2. RayAndré

    TAMPA BAY, FL Fastlane Meetup

    MEETUPS 
    Hey guys, it'd be great to meet up out there and see some familiar Summit faces. I'm in Mexico City through the end of the month, and fly into Miami on the 30th. Before that, I wont be around, but the weekend right afterwards (~Aug 2-5) I'll plan to make my way to Tampa/Clearwater. Always down...
  3. RayAndré

    My Real Estate Progress Thread

    EXECUTION 
    Update: what I've really been up to. Hi friends. Wow its been over two months since I last posted. Since then I've been doing a lot of personal growth. (Reading lots of books, watching youtube videos, journaling often, etc) After reading TMF (last August), it completely turned my world upside...
  4. RayAndré

    My Real Estate Progress Thread

    EXECUTION 
    haha, nice move. reminds me of similar tactics friends used with job offers out of college.
  5. RayAndré

    My Real Estate Progress Thread

    EXECUTION 
    Its been over a week, so here's an update: Up until about a week ago, my focus has been on finding the best location to invest in a buy-and-hold property. I had chosen buy-and-hold as my approach because I already have some money saved up and just wanted to put it to work. Cash flow sounded...
  6. RayAndré

    My Real Estate Progress Thread

    EXECUTION 
    Yea after that phone call, I'm going to research/think more about going in with a partnership for my first deal. Assuming I get all the same benefits of going at it alone, plus the wisdom & learning of partnering with someone more experienced. This person did specify LLCs are the way to go in...
  7. RayAndré

    My Real Estate Progress Thread

    EXECUTION 
    Thanks! :) I will do what I can to prevent myself from losing big. And commercial is interesting to me, and where I want to go. Though residential sounds easier to get into as a first investment regarding learning curve / capital / risk / etc. However, a recent phone call with an investor in...
  8. RayAndré

    My Real Estate Progress Thread

    EXECUTION 
    That's another thing I've heard, that a good PM company makes ALL the difference. As soon as I decide on a location, finding good/great PM will be on the top of my list. In fact, I've heard that it may make sense to find the good PM company first and then invest in their location.
  9. RayAndré

    My Real Estate Progress Thread

    EXECUTION 
    Maybe some of those are what came up on my search yesterday :rofl: Still more research & learning to be done :thumbsup: Also from what I've learned, though those may show those numbers on paper, they won't produce them in reality.
  10. RayAndré

    Leave Your Mark

    MINDSET 
    So your purpose is on the action you take throughout your life? Not on the output of those actions?
  11. RayAndré

    My Real Estate Progress Thread

    EXECUTION 
    @WJK Thanks for your concern, but please don't jump in assuming I'm naively going to jump in with my cash. My personality type and DiSC profile won't allow that ;) Also, I mentioned 10% COC not a 10% NOI. But you're right, with a 10% NO the numbers wouldn't work. As far as being on the other...
  12. RayAndré

    My Real Estate Progress Thread

    EXECUTION 
    Haha, if only there were $100k 4-plexes pumping out $2k/month. Leveraged for sure. Though if I can spend less than $100k, great. Though I came across a couple properties that seemed close last night that peaked my curiosity. I need to research them more but yea they're likely in D/C undesirable...
  13. RayAndré

    My Real Estate Progress Thread

    EXECUTION 
    This got me thinking though that instead of blindly researching cities for which might be "the best" market...let me work my numbers backwards from $1000/month to find the purchase price and rent I'd expect to pay and receive. Then find markets where these prices / rents match.
  14. RayAndré

    My Real Estate Progress Thread

    EXECUTION 
    Hey @JScott, If just a 4-plex, looking for at least a 10% COC so around 100k. Whether thats possible right now, and where, I still don't know yet.
  15. RayAndré

    My Real Estate Progress Thread

    EXECUTION 
    Ok I'm still searching. A big part of me wanted to buy in Miami because I want to live there. Though Miami isn't the best spot for cash flow, so I had to not get emotional about investment decisions and started looking elsewhere. The two biggest US areas mentioned are the midwest and the south...
  16. RayAndré

    Leave Your Mark

    MINDSET 
    Take a minute to think... What is your primary purpose in life? What is the primary purpose in life for others? I would say: to leave your mark. Leaving some sign that you were here on Earth. Some people choose to leave their mark on their world, by being great parents. Others choose to leave...
  17. RayAndré

    Underachieving Over Achiever

    INTRO 
    Welcome Kim. Great meeting you in person after hearing much from @Gary. See you next time I'm in San Diego :)
  18. RayAndré

    Dare to be different.

    Dare to be different.
  19. RayAndré

    Medellin, Colombia

    MEETUPS 
    Back to the states for a few weeks then Italy for a month!
  20. RayAndré

    My Real Estate Progress Thread

    EXECUTION 
    Ok here we go. The Goal Short term: Buy, rehab, and cash flow two multi family properties by the end of 2018, ideally one being a four-plex to add another $1000/month to my income. Long term: Accumulate cash flow and reinvest it along with my paycheck savings to reach financial freedom. Its...
Back
Top Bottom