How do you get started as a real estate developer?
What’s my story?
I’m regularly asked these questions. Here are four podcasts that I’ve done that help answer the question. 👇🏼
GIVEAWAY!
Retweet this and I will pick someone who will be getting our 10 page full excel multifamily deal analyzer for free tomorrow after the live webinar at 8pm EST on Dec 26th!
us02web.zoom.us/webinar/regist…
Quarterly reminder to ask the property manager:
If you had no budget, what 3 things would you do?
Their answer is actually their biggest problems, just phrased in a different way
I've uncovered a lot with this simple question
When I was twenty-one years old, fresh out of college and about to start my first job, my father gave me a handwritten list of instructions.
Here are my dad's rules:
If you’re buying a building, it’s important to know how to maximize your existing plumbing, what variables effect longevity, and how to replace if necessary.
Unfortunately, most people don’t know this. Quick summary below of crucial information:
As an asset manager your role is to create some friction with your property manager
Because if you don’t your investors will create friction with you about how much they are getting paid
Essentially you are the Chief Accountability Officer and your weapons are how and why qs
Questions to help vet new contractors:
Years in business
Size of work force
Type of work by Trade
Minimum project size $
Maximum Project size $
$ value of work performed last year
$ value of work performed in the last 5 years
Insurance Limits
In the spring of 2019 I made a decision that would change my life
I pivoted careers into real estate
244 days & 25+ interviews later, here's what I learned
My dead-simple tip to landing a job in real estate:
NEW - the Property Management Discord Community (free) launches this week!
Link to join will go out to email subscribers first. Looking forward to helping folks connect, learn & grow.
business idea: a vacation experience with no phones or screens. spend time walking in nature, doing yoga, and working out with friends.
not being on your phone will be considered high status in the near future.
digital detox (h/t @ShaanVP for the perfect branding).
Bc rental real estate is largely a fixed-cost business:
Rent from the last few units generates a disproportionate share of your total NOI and, therefore, free cashflow.
That's why you want to be militant about getting vacancies turned over & re-filled expeditiously.
As a real estate investor, your personal network is your superpower
It increases your ability to raise capital, acquire deals, get things done
Here are 8 principles to build a valuable rolodex:
Do you sit at a computer for longer than 6 hours a day?
You’re destroying your body if so.
Here’s the setup you need to protect yourself from posture problems and crippling long-term injuries:
🧵
🧵 Here's a tip worth $100K minimum to CRE buyers in Texas, Utah, and 10 other states
Make sure the recorded documents don't specify your loan amount
Your attorney WILL NOT do this for you!
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Telegram channel:
https://t.co/TDsvg4JBIy
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