Philip Klinck

@REExchangor @CaseyMericle @MultifamilyRob I was watching the world cup and learning about the rules.

I’m was going to offer his client my strip center that is a value add. I can give them the debt they need to exchange and provide steady cashflow while I improve the value of their property. Same thing only inverted😬. Their price, same cashflow as they have now, and make it passive. Now you have 2 offers. @CreateNotesOnRE how would you take their property?

Here’s another idea on how you could do this deal @MultifamilyRob

@heIpfullandlord Gym. Gym bros drink less and throw less parties.

I started putting granite countertops in my student rentals back in 2009. Fellow landlords thought I was nuts, yet also wondered why I was getting $600/m+ more rent. Those countertops paid for themselves in 4-5 months. What's today's differentiator?

@costsegguys Depending on your income. Hard to max when you are struggling. Ask my dad.

@CreateNotesOnRE The trade-off framing is fair, but "401k means no real wealth" isn't. Maxing one for 30 years with a match retires you a millionaire. Stable and wealthy aren't opposites here

A standard 401k is for people that want to have fun their whole lives and end up living on social security that doesn't keep up with inflation for the last 30 years. Those people want regular work hours. They want vacation time. They want sick days. They want no risk from medical issues. They want a lot of things. And their trade-off is any kind of real wealth. It's not a terrible trade-off. But it is a trade-off.

@thmoneycircle It's gas.

Anybody know any of the economics behind a Buc ees

@nexta_tv Yeah. Same reason it's hard to invest there. They control too much.

@nexta_tv It's unfortunate that the Russians have to learn both that authoritarian communism doesn't work and authoritarian fascism doesn't work within the same 100-year period.

Russian oligarchs are massively moving capital out of the country Kremlin-linked billionaires understand perfectly well that Russia under Putin’s “wise” leadership is heading to the bottom like the Titanic. This process can no longer be stopped. Oligarchs close to the authorities fear a mass seizure of assets, as the economy is cracking under pressure and money has to come from somewhere. That means businesses will have to be squeezed or stripped of their assets. This is a clear indicator of the real situation in the country. When even those closely connected to the authorities start getting nervous, it means things are heading toward a major collapse.

@Jacob_Naviaux @dividedgrwthdad Can do something similar without dealing with the bank.

@CreateNotesOnRE @dividedgrwthdad I’m thinking about getting a LOC on the equity to use it on the flips I buy/sell

I own 6 single family rentals that cash flow ~$2,800/mo. And from forced appreciation, principal paydown, and market appreciation, I’ve gained $450,000 in equity. Beauty of real estate right there.

@Jacob_Naviaux @dividedgrwthdad So you have about a 7% cash on equity? Would you like to improve that?

@CreateNotesOnRE @dividedgrwthdad Haha no it’s the about symbol. Would be selling all of them if I was negative cashflow.

@dividedgrwthdad @Jacob_Naviaux You want to hop on a call and see if we can come up with something you like?

@Jacob_Naviaux @CreateNotesOnRE Interesting, asking because I’ve been in the sidelines. Paid off primary. Wanting to make the jump into rentals but don’t love the interest rates and everything around is double from 2020.

@Jacob_Naviaux @dividedgrwthdad Oh I thought that was a negative number

@Jacob_Naviaux @dividedgrwthdad How much equity do you have right now? Would you like to have positive cash flow instead of negative cash flow?

@KevinMoss216 Just close in a Wendy's with a notary and a certified check. We do that all the time.

Nothing kills an adrenaline rush like the wire not hitting before the closing hours 😪

@SantiagoAuFund They also buy them to not bid up their currency. If the exporters are in control of the country then they want poor people working inexpensively so they have inexpensive exports compared to the rest of the world. Hint hint China.

The world doesn’t buy USTs bc they trust the U.S. The world doesn’t buy them bc they like the U.S. They buy them bc they need them to operate on the Global Stage. Right or Wrong, the world doesn’t work the way your morals tell you it should. ✌️

@biberhund1 @nexta_tv Sarcasm

@CreateNotesOnRE @nexta_tv Sure

The sun is not even visible: Moscow region in Russia was covered by thick black smoke after a strike on an oil refinery. Apocalyptic footage.

@eppersonsam @ThinkAppraiser Yeah but I sell them and then they don't pay and I have to take them back. Sometimes the locks are different.

@CreateNotesOnRE @ThinkAppraiser I keep my keys on a key ring. I can carry multiple keys on the same ring

Why are locksmiths able to open any house without asking for any identification or any paperwork showing that they are the owner or they are the tenant?

@CaseyMericle I was just quoting the Charlie Daniels band.

@CreateNotesOnRE You are one of 10 people on earth I wouldn’t make that bet with

Broker: If you’re going to send us a creative offer don’t bother we’ve seen offers like that before Me: I’ll betcha $1,000 you’ve never seen an offer like mine Care to wager? PS-kids this is how you make money without investing in real estate I can do this every day

@CaseyMericle I forgot to follow up has to be in there somewhere

Real estate is a game you’re destined to lose Here’s why

@serpentza How's this? Fair? youtu.be/k8tdg6v0FQo?si…