Kileyb

@TheJSantiago Is your acquisition person in the US or overseas? Paid on commission?

Lead comes in Lead manager is on the phone with the seller 4 minutes later Appointment is set 15 minutes after that call ARV is $160,000. Acquisitions makes him an offer for $40,000. He verbally agrees and they meet at $50,000. Contract is signed 12 hours later. Bang bang 🔥

@BeardyBrandon Bought my fist deal this way. Maintained a good relationship, he became my private money lender for flips. Talked last week and he wants to sell me a 10 unit building he owns. Relationship based transaction 100%.

Here's EXACTLY how to buy your first rental using seller financing, even if a bank just told you no. Most people think: no bank, no rental. Wrong. Some of the best rentals in America are bought with zero bank approval, tiny down payments, and a handshake with the seller.

@CaseyMericle Newb that got into real estate in 2024. We exist, though I’m sure a lot fewer than in 2021/2022.

Dear RETwit, Many of you are gone, but not forgotten The number of people, enthusiasm & ideas combined with an algo that encouraged knowledge sharing was poetry in motion I miss those days The haters, thieves & bad actors…not so much Haven’t heard of many newbies tryin’ to get into RE lately It was funny having them tell me my offers wouldn’t work & that syndicating would just be easier They wouldn’t structure the deal for protection Sigh They’d DM & call for advice then say “I’d never do that!” I miss ‘em A handful of them were truly brilliant But when liquidity dries up, you’ve got only one asset class & one way to buy that’s how the real estate world cleanses itself The assets go back to their rightful owners Their equity was leased not purchased And for some it’s gone The old heads that couldn’t hardly make a deal when the market ripped Those are the people that are still here The grinders The ones that previously got punched in the face & were tough enough to endure & eventually flourish once the cycle let them That’s who you should be getting advice from The good brokers are still here too, they know how to work hard & hedge risk Real estate has seasons It feels like Fall rn, but who am I to say The tide has washed away those that were skinny dippin’ It was a good run for those with impeccable timing Hope ya made a lick But don’t confuse a win with a winning season I miss the buzz, the fresh faces, the magnetism of a handful of people who made RETwit “an experience” There’s still plenty of fun to be had Spring is only a season or two away Get your house in order It’s about time to buy

@ChrisRamsey60 Our previous primary residence is now a rental. $500k equity. Take the primary residence exclusion and sell it, to reinvest the capital elsewhere, or cash out refinance? Interest rate is 3.125, so I’m having a hard time considering pulling equity out but doubling the rate

Hit 40,000 followers wow…. here’s the backbone of what my account is built on. My top 10 principles 1. Build a cash-flowing business first, then aggressively funnel profits into real estate. 2. Buy, hold, refinance – repeat to pull out capital tax-free and compound cash flow. 3. Prioritize industrial real estate (especially small-bay contractor garages) for passive, high-yield, low-drama income. 4. Master off-market acquisitions and value-add deals – good deals don't hit the market. 5. Focus on conversions (vacant/distressed buildings into storage or garages) for massive value creation. 6. Embrace the grind – always hunt deals, act with urgency, and love the process. 7. Leverage tax advantages (depreciation, etc.) to accelerate wealth building. 8. Never sell winners – hold long-term for appreciation and recurring revenue snowball. 9. Strong operations beat everything – execute better than the competition. 10. Start small, scale relentlessly – the compounding effect over time is unstoppable.

@N8RealEstate If you’re funding down payment in 1sr position, what hard money lender will fund the other 80-90%, plus the rehab cost in second position? Or are you funding everything, including the down payment?

I started a gap funding business with my local private money guys We're funding flippers down payments Good idea or bad idea? Hear me out, here's our rough guidelines: - Only funding experienced flippers with 1st position loans we can just buyout if needed. - Will fund local guys with less experience if it's a good deal. If foreclosure is needed we can take over and finish the flip - High returns on cash and only need a few good repeat customers to have most of our money deployed

@TheJSantiago Yes. I have 4 LLC’s and she manages the books for all of them. Hands down one of the best investments I’ve made.

I’m currently hiring a bookkeeper, my buddy thought I was insane for not already having one Said its going to change my life and business Do you have a bookkeeper right now from your biz?

@CaseyMericle @danielcronauer Can you explain?

@danielcronauer Call me if you wanna avoid recapture

Bough a property at the end of 2025. Did a cost segregation study and took a boat load of depreciation. Just got my K1 for -$38,000. Paying the government less taxes is an addictive feeling. Might have to buy a property every year.

I had zero idea how much free time I had until I had a kid.

"So you are spending $7 trillion?" Congress: "Yes Dave" "And you only have $5 trillion in revenue?" Congress: "That's correct Dave" "And you have $39 trillion in debt plus you are spending 25% of your revenue on only interest payments?" Congress: "That's correct Dave"

@N8RealEstate The BRRRR program at Home Depot is my go to. I wish they did a better rewards card, that would be the icing on the cake

Lowes or Home Depot? I'm a Lowes guy right now, but Home Depot looks like it's less expensive and has more options

@moseskagan What about when you have to pay it back? Or do you just keep 1031 and deferring?

Cost seg + accelerated depreciation + RE pro status (so you can use the losses to offset active income) a v powerful combo (I actually looked into starting a business helping non-working spouses get and maintain RE pro status, but couldn't see a way to do it without coming very close to some legal lines.)

@realEstateTrent Me with Ai right now. It’s moving so fast!

I don’t know who needs to hear this but it’s ok to say you don’t fully understand what’s going on or what will happen next.

“Own assets or be left behind”

The market's reaction is very telling. Amid the news of a two-week ceasefire, the S&P 500 is now nearing 6,800, trading just ~3.5% away from a new record high. Gold prices are soaring toward $4,900/oz, Bitcoin is above $72,000, and silver is nearing $77/oz. The reality is that in the background of the Iran War's headlines and volatility, the AI Revolution has been rapidly expanding and inflation expectations have risen. Magnificent 7 companies are investing over $600 BILLION in AI CapEx this year alone, and that has not changed. On top of this, we have seen exposure to equities drop sharply due to the volatility, now at the lowest level since May 2025, with this capital eager to re-enter the market. So now, we have one of the biggest technological revolutions in history coupled with higher inflation, which investors need to hedge against, and trillions of dollars of sidelined capital. We have been saying it for months and will continue to say it now: Own assets or be left behind.

Excluding Covid, we're looking at the biggest one day plunge in oil since the first Gulf War in 1991

@KIRO7Seattle Not surprised. Look who is running the state!

Washington’s highway system ranks among the worst in the nation, report finds #Echobox=1775582527" target="_blank" rel="nofollow noopener">kiro7.com/news/local/was…

@coleruudjohnson Leads

I did a workshop this week with 200+ people live.. I went over how to build your own AI workflow to bring you motivated leads daily (fire-damaged homes, probate deals, & more). Comment "Leads" & I'll DM you the recording.

@grok @grok make the guy on the right even more harry

Hey @grok but both of these guys in bikinis. The guy on the right is very hairy so make sure the hair is poking out of the bikini.

@grok Even harrier for the guy on the right

@grok Make the guy on the right way more harry