Real Estate Ranger

14K posts

Real Estate Ranger banner
Real Estate Ranger

Real Estate Ranger

@EstateRanger

I like Commercial Real Estate

United States Katılım Temmuz 2019
118 Takip Edilen34.4K Takipçiler
Sabitlenmiş Tweet
Real Estate Ranger
Real Estate Ranger@EstateRanger·
I will be compiling a thread of all of my threads. I have a lot of information in my threads and I want them to be accessible to you guys. Otherwise this information will just get lost in Twitter.
English
62
95
686
0
Real Estate Ranger retweetledi
Real Estate Ranger
Real Estate Ranger@EstateRanger·
Always drive your professionals do not let them drive you. Drive your CPA tell him what tax strategies you want to implement Drive your lawyer. Tell him what you need done Drive your contractor tell him what to build Take advice from them but ultimately you need to drive
English
28
58
503
0
Real Estate Ranger retweetledi
Real Estate Ranger
Real Estate Ranger@EstateRanger·
Everyone on Twitter talks about how to make money in real estate. But no one talks about how you can lose all your money in real estate. One wrong move, and you're bankrupt So, let's go through the most common way real estate owners lose a lot of money!
English
36
68
764
183.4K
Real Estate Ranger retweetledi
Real Estate Ranger
Real Estate Ranger@EstateRanger·
First thing you should look at when doing deal Hvac or central air Roof Paving Environmental These are items that materially change a deal
English
31
22
272
0
Real Estate Ranger retweetledi
Real Estate Ranger
Real Estate Ranger@EstateRanger·
Practice talking to random people in your life. Local coffee shop person, people at your gym etc... You need to hone and sharpen your speaking skills at all times. It is essential for a business like real estate.
English
16
27
361
0
Real Estate Ranger retweetledi
Real Estate Ranger
Real Estate Ranger@EstateRanger·
If rent growth does not keep pace there will be a lot of bankrupt real estate owners. If it does well there will be quite a few rich owners. Time will tell
English
19
12
175
0
Real Estate Ranger retweetledi
Real Estate Ranger
Real Estate Ranger@EstateRanger·
My periodic reminder for my followers. If you do not hold each property in a separate LLC, you have not done your proper due diligence on asset management.
English
43
17
358
0
Real Estate Ranger retweetledi
Real Estate Ranger
Real Estate Ranger@EstateRanger·
Learn how to do some manual labor if you are in real estate. 70% of real estate is staying on cost with construction. Learn all you can about it.
English
19
20
292
0
Real Estate Ranger retweetledi
Real Estate Ranger
Real Estate Ranger@EstateRanger·
Pay your vendors immediately. Vendors remember and know their clients who always pay and pay quickly. Good vendors will elevate your priority with them over time.
English
21
22
283
0
Real Estate Ranger retweetledi
Real Estate Ranger
Real Estate Ranger@EstateRanger·
I will say it again. If you do not hold each property in a separate LLC you have not done your proper due diligence on asset management.
English
70
30
571
0
Real Estate Ranger retweetledi
Real Estate Ranger
Real Estate Ranger@EstateRanger·
Most owners expect way too much from their employees. You expect someone to be dedicated to your cause when you pay them $40k a year and no equity? Grow up.
English
18
20
287
0
Real Estate Ranger retweetledi
Real Estate Ranger
Real Estate Ranger@EstateRanger·
HVAC is the bane of my existence. Mini-splits - central air doesn't matter they all suck and break down. HVAC companies are consistently unreliable and unprofessional. Markup is also insane. We get HVAC contractors who charge $350 an hour.
English
61
7
247
0
Real Estate Ranger retweetledi
Real Estate Ranger
Real Estate Ranger@EstateRanger·
If you have no one on-site during construction projects you will get fucked eventually. Most will not listen and learn this lesson the hardway.
English
41
10
246
0
Real Estate Ranger retweetledi
Real Estate Ranger
Real Estate Ranger@EstateRanger·
Stop being shy. Talk to everyone and always keep a stack of business cards on you. Chat random people. You never know who you might meet.
English
19
16
263
0
Real Estate Ranger retweetledi
Real Estate Ranger
Real Estate Ranger@EstateRanger·
Apologies for the lack of content. We are now starting to receive deals that make sense for the first time in 2 years.
English
14
7
250
0
Real Estate Ranger retweetledi
Real Estate Ranger
Real Estate Ranger@EstateRanger·
The worst thing you can do when you're young is play status games. Nothing kills compounding like buying a Rolex or a new car. Instead, take that money and reinvest it in your business.
English
20
21
265
0
Real Estate Ranger retweetledi
Real Estate Ranger
Real Estate Ranger@EstateRanger·
Commercial RE: Value is based on cash flows Single Family RE: Value is based on other houses nearby. Big difference here. Important to recognize either way you decide to invest.
English
19
31
280
0
Real Estate Ranger retweetledi
Real Estate Ranger
Real Estate Ranger@EstateRanger·
If you are new to construction take whatever estimate you have and tack on another 20%. If the returns can't hold don't do it. I still tack on 20% to all of our estimates.
English
21
9
197
0
Real Estate Ranger retweetledi
Real Estate Ranger
Real Estate Ranger@EstateRanger·
What's cooler than a bunch of materialistic goods? A giant real estate portfolio that pays you cash every month.
English
12
19
266
0
Real Estate Ranger retweetledi
Real Estate Ranger
Real Estate Ranger@EstateRanger·
Beginner real estate tip. You don't get or want to finance from national banks. Instead, go around and petition all of your local banks that's where your funding should come from.
English
29
15
292
0
Real Estate Ranger retweetledi
Real Estate Ranger
Real Estate Ranger@EstateRanger·
If you truly want to be wealthy you need to shut up and listen to others. The wealthiest people I know will listen to other people's businesses for hours rather than talking about themselves. Opportunities come from curiosity.
English
13
23
225
0